IDBI Bank Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/05/2026 ,inter alia, to consider and approve the proposal for approval of Long ....
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IDBI Bank's Board will meet on May 16, 2026 to consider issuing Long Term Rupee denominated Bonds worth up to Rs. 10,000 crore. The bonds will be issued through private placement in the domestic market in one or more tranches until March 31, 2027. Proceeds from the bond issuance will fund lending in the infrastructure and affordable housing sectors. This is a debt capital raise and not an equity issuance.
The bond program provides IDBI Bank with additional funding capacity for priority lending sectors without diluting equity. Higher debt levels may impact future profitability but strengthens the bank's balance sheet for growth in infrastructure financing.