IDBI Bank Limited has approved the issuance of Long Term Rupee denominated Bonds worth up to Rs. 10,000 crore. The decision was taken by the Board of Directors during its meeting held on Saturday, May 16, 2026. The funds raised through this issuance will be utilized for financing infrastructure and affordable housing.

Bond Issuance Details

The bonds will be issued through the private placement route in the domestic market. The issuance will be conducted in tranches, with the entire process scheduled to be completed by March 31, 2027. This strategic financial move aims to support the bank's lending activities in key sectors.

Regulatory Compliance

The intimation regarding the outcome of the board meeting was submitted to the stock exchanges in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was formally signed by the Company Secretary on behalf of IDBI Bank Ltd.

IDBI Bank Limited's Board of Directors approved the audited financial results for FY26 at their meeting held on April 30, 2026, under Regulation 33 of SEBI (LODR) Regulations, 2015. The bank delivered exceptional performance with net profit surging 27% to ₹9,513.36 crores compared to ₹7,515.17 crores in the previous fiscal year, while total business crossed the significant milestone of ₹6 trillion mark.

Regulatory Compliance and Publication

Following the audit committee recommendations, the Board approved both standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. In compliance with SEBI regulations 47 and 52, the bank published newspaper advertisements and made the results available on their website at www.idbi.bank.in with QR code access for stakeholder convenience.

Strong Annual Financial Performance

The bank demonstrated robust growth across key financial metrics for FY26. Net profit reached ₹9,513.36 crores, marking a substantial 27% increase from ₹7,515.17 crores in FY25. Total income stood at ₹35,743.53 crores compared to ₹33,826.02 crores in the previous year. Basic earnings per share improved to ₹8.85 from ₹6.99, reflecting enhanced shareholder value creation.

Business Growth Crosses ₹6 Trillion Milestone

IDBI Bank achieved a significant milestone with total business crossing ₹6 trillion, reaching ₹6,00,789 crores with 14% year-on-year growth. Total deposits increased by 12% to ₹3,47,162.68 crores from ₹3,10,211.95 crores, while net advances grew by 16% to ₹2,53,626.07 crores from ₹2,18,399.16 crores. CASA deposits increased by 7% to ₹1,54,816 crores, though CASA ratio moderated to 44.59% from 46.55%.

Asset Quality Shows Continued Improvement

The bank's asset quality metrics demonstrated significant improvement during FY26. Gross NPA ratio improved to 2.32% from 2.98%, representing a substantial 66 basis points reduction year-on-year. Net NPA ratio remained stable at 0.15%, while Provision Coverage Ratio stood at 99.39%, consistently maintaining above 99% since September 2023.