Board Meeting13 May 2026, 04:25 pm
IDBI Bank Board to Consider ₹10,000 Cr Bond Issue on May 16, 2026
AI Summary
IDBI Bank Ltd. has scheduled a Board of Directors meeting on May 16, 2026, to consider and approve a proposal for issuing Long Term Rupee denominated Bonds. These bonds aim to finance infrastructure and affordable housing projects, with a total value of up to ₹10,000 crore. The issuance will occur in tranches through private placement in the domestic market, with a deadline of March 31, 2027.
Key Highlights
- IDBI Bank board meeting set for May 16, 2026.
- Proposal to approve Long Term Rupee denominated Bonds will be considered.
- Bond issuance targets infrastructure and affordable housing projects.
- Total bond value up to ₹10,000 crore.
- Bonds to be issued via private placement by March 31, 2027.
Price Impact
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