OREANDA-NEWS. March 22, 2011. With a view to including the rural inhabitants in unbanked villages into the folds of banking, Shri Melwyn Rego, Executive Director, IDBI Bank Ltd. launched the Financial Inclusion Programme in Tengu and Vanvasamachi villages in Satara district of Maharashtra on March 15, 2011.

Speaking on the occasion, Shri Rego said that "the launch of financial inclusion programme in the allotted villages is a step towards partnering with the villagers for their overall economic progress".

IDBI Bank has set up a Team to oversee the implementation of Financial Inclusion programme as envisaged by the RBI and GoI.

IDBI Bank Ltd. is a universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 802 branches and 1355 ATMs. The Bank has an aggregate balance sheet size of Rs. 2,84,729 Crore as on December 31, 2010. IDBI Bank's operations during the nine month ended December 31, 2010 resulted in a net profit of Rs. 1134 crore.