Board Meeting16 May 2026, 03:01 pm
IDBI Bank to Issue ₹10,000 Cr Long Term Rupee Bonds
AI Summary
IDBI Bank's Board of Directors approved the issuance of Long Term Rupee denominated Bonds up to ₹10,000 crore for financing Infrastructure and Affordable Housing. The bonds will be issued in tranche/s up to March 31, 2027, through private placement in the domestic market. This decision was made during the board meeting held on May 16, 2026, following an earlier intimation on May 13, 2026.
Key Highlights
- IDBI Bank approves issuance of Long Term Rupee Bonds.
- Bonds worth up to ₹10,000 crore will finance Infrastructure and Affordable Housing.
- Issuance will be through private placement in the domestic market.
- Bonds to be issued in tranches up to March 31, 2027.
- Decision taken at Board meeting on May 16, 2026.
Price Impact
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