IDBI Bank Limited has notified the stock exchanges that its Board of Directors is scheduled to meet on Saturday, May 16, 2026, to deliberate on a significant fundraising proposal. The intimation, dated May 13, 2026, was submitted in compliance with Regulations 29(1)(d) and 50(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bond Issuance Proposal

The Board will consider the approval of Long Term Rupee denominated Bonds aimed at financing infrastructure and affordable housing. The proposed issuance is structured through the private placement route in the domestic market, with the total amount capped at up to Rs.10,000 crore.

The key details of the proposed bond issuance are outlined below:

Regulatory Compliance

The intimation was filed in accordance with the applicable SEBI listing regulations, ensuring timely disclosure to both BSE Ltd. and the National Stock Exchange of India Ltd. The communication was signed by the Company Secretary on behalf of IDBI Bank Ltd., confirming the formal nature of the board meeting notice.

The proposed bond issuance, if approved by the Board, will be executed in tranches through the private placement route in the domestic market, with all tranches to be completed by March 31, 2027.

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.