In continuation to Bank's intimation dated May 13, 2026, it is hereby informed that the Board of Directors, at its meeting held on Saturday, May 16, 2026, has approved issuance of Long ....
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IDBI Bank's Board of Directors has approved the issuance of Long Term Rupee denominated Bonds for financing infrastructure and affordable housing projects. The bank plans to raise up to Rs. 10,000 crore through this bond issuance, to be completed in tranches by March 31, 2027. The bonds will be issued through the private placement route in the domestic market. This is a follow-up to an earlier intimation made on May 13, 2026. The bond issuance is part of IDBI Bank's strategy to support infrastructure and affordable housing financing, which are priority sectors for the government.
This bond issuance of up to Rs. 10,000 crore will provide IDBI Bank with additional long-term funding capacity for priority sector lending. The private placement route suggests institutional investors will subscribe to these bonds, providing stable funding without diluting equity.