Journalist and writer Moshiul Alam has been selected as the best writer for the IFIC Bank Shahitya Puroshkar 2020. Eminent poet and researcher Aminul Islam and writer Swakrito Noman have been selected as the best writers for the IFIC Bank Shahitya Puroshkar 2021. Mashiul Alam has been selected for his book of contemporary stories titled 'Dudh', Aminul Islam for his literary book of essays titled 'Nazrul Sangeet: Vaanir Baibhav' and Swakrito Noman for his novel titled 'Uzanbanshi'. IFIC Bank authorities will officially hand over the prize money of 5 (five) lac, crest, and certificates to each of the selected best writers through a ceremony soon. In this context, Managing Director and Chief Executive Officer of IFIC Bank Shah A Sarwar said, "IFIC has a strong cultural foundation. IFIC believes that IFIC's association with anything patriotic, benevolent, and welfare for the common people of this country is like a responsibility. This literature award is organized in that continuity.”
Since 2011, IFIC Bank has been awarding this literary award to encourage and recognize the literary work of contemporary living writers of Bengali language and literature with the slogan 'IFIC Bank is a companion of creative and thoughtful literature'. A selection committee and jury consisting of eminent writers and literary critics have been selecting the best two books every year. This event of giving official recognition to writers and literary people every year for the past decade has already been widely appreciated by poets, writers-literary, and readers and has gained special acceptance from all.