IDBI BANK LTD.

IDBI Bank has announced the closure of its trading window for designated persons and their immediate relatives. This closure will be effective from October 01, 2026, and will remain in effect until 48 hours after the disclosure of the un-audited financial results for the quarter and half-year ending September 30, 2026. The specific date for the Board meeting to consider these financial results will be communicated separately. This measure is in line with the bank's Code of Conduct for Prevention of Insider Trading and SEBI (LODR) Regulations, 2015.

IDBI Bank has received a notice of a proposed strike from September 28 to September 30, 2026. The strike is being organized by the United Forum of Bank Unions (UFBU) and the All India Bank Officers-Association (AIBOA) in support of their demands. The bank has informed the stock exchanges about this development as per SEBI (LODR) Regulations, 2015. This potential disruption could impact the bank's operations during the specified period.

IDBI Bank Ltd has received a notice of a proposed strike scheduled for September 11, 2026. The notice was issued by the United Forum of Bank Unions (UFBU) and the All India Bank Officers’ Association (AIBOA) in support of their demands. The bank has informed the stock exchanges about this development as per SEBI (LODR) Regulations, 2015.

IDBI Bank has responded to a clarification sought by the BSE regarding a news report about Fairfax potentially exiting IIFL Finance to fund a bid for IDBI Bank. The bank stated that the strategic disinvestment of IDBI Bank is a confidential process managed by the Government of India and therefore, IDBI Bank cannot confirm or deny the news report. The bank also clarified that it is not aware of any information that would explain the recent movement in its trading volume or price, and that the news report does not pertain to any regulatory or legal proceedings involving the bank. IDBI Bank affirmed its compliance with SEBI regulations regarding timely disclosure of material information.

IDBI Bank Ltd has announced the cessation of Shri Sunit Sarkar as an Executive Director and Senior Management Personnel. This change is effective from the close of business hours on August 31, 2026, due to his attainment of the age of superannuation. The bank has informed the stock exchanges as per SEBI (LODR) Regulations, 2015.

IDBI Bank has responded to a clarification sought by the BSE regarding a significant increase in its share volume. The bank stated that it has complied with SEBI regulations by promptly disclosing all price-sensitive information. It highlighted that the strategic disinvestment process is being handled by DIPAM and that the bank has been making timely disclosures on developments related to it. IDBI Bank assured that it will continue to inform the exchanges of all material events and information as required.

IDBI Bank Ltd announced changes in the designations of its Board of Directors following the 221st Annual General Meeting held on July 21, 2026. Shri Abhijit Chakravorty and Shri Ketan Vikamsey, previously Additional Directors, have been appointed as Independent Directors. Their appointments are effective from May 19, 2026, and June 26, 2026, respectively, each for a consecutive term of 2 years. These appointments are in accordance with the Companies Act, 2013, and the Banking Regulation Act, 1949. Brief profiles of both directors were previously submitted to the stock exchanges.

IDBI Bank reported its un-audited financial results for the first quarter of FY 2026-27, with net profit rising 5% year-on-year to ₹2,115 crore from ₹2,007 crore in Q1 FY 2025-26. Net Interest Income (NII) grew by 10% YoY to ₹3,486 crore. Total business increased by 15% YoY to ₹5,84,725 crore. The bank also saw improvements in asset quality, with Gross NPA ratio down to 2.30% and Net NPA ratio at 0.16%. Provision Coverage Ratio (PCR) remained strong at 99.31%. The bank received an award for its performance in the Atal Pension Yojana and launched a nationwide hackathon, 'IDBI Innovate 2026'.

IDBI Bank reported a steady but low-quality first quarter. Consolidated net profit rose ~5% YoY to ₹2,127 Cr (₹2,130.57 Cr before minority interest) and standalone PAT was ₹2,115 Cr, up 5% from ₹2,007 Cr; profit before tax grew a stronger 11% YoY to ₹2,805 Cr (standalone). The headline growth, however, was driven by provisioning rather than core banking: pre-provision operating profit actually fell ~8% YoY to ₹2,193 Cr (standalone ₹2,168 Cr) because other income slumped 26% to ₹1,084 Cr and operating costs rose, and PAT was rescued by a net provision write-back of ₹636 Cr versus a ₹179 Cr write-back a year ago. Net interest income did grow ~10% to ₹3,486 Cr, but net interest margin compressed to 3.61% from 3.68% a year ago and 4.15% in Q4 — so the optical expansion in net-profit margin (to ~24.7% from 23.8%) reflects lower credit costs, not wider spreads. The balance-sheet story is clearly stronger than the P&L. Asset quality improved sharply — gross NPAs fell to 2.30% (from 2.93% YoY) and net NPAs to 0.16%, with provision coverage at 99.31%. Net advances grew 22% YoY to ₹2,58,968 Cr and deposits 10% to ₹3,25,757 Cr, while capital adequacy stayed very high at 26.92% (Basel III) and net worth reached a record ₹59,024 Cr. Annualised ROA held at 1.89% (from 1.75% YoY). During the quarter the bank discontinued its Investment Fluctuation Reserve per the RBI May-2026 direction, transferring ₹1,277.83 Cr to general reserve, and carried an ₹862.11 Cr mark-to-market loss on security receipts that is fully provided. On context: management gives no formal earnings guidance and none is on record, and no pre-result brokerage consensus was retrievable for this name, so the print cannot be scored against a street number. The other corporate development this quarter — post-AGM changes to directors' designations (Jul 22) — is administrative and not tied to the numbers. Net read: profit growth is intact and asset quality is the bright spot, but it sits on top of shrinking margins, weak non-interest income and a provision write-back that may not repeat, so the underlying operating trend is softer than the +5% PAT suggests.

IDBI Bank Ltd. has responded to a clarification sought by the BSE regarding a news report about Fairfax Financial's offer for the bank. The bank stated that the strategic disinvestment process is confidential and undertaken by the Government of India (GOI). IDBI Bank has no role in negotiations as it's a competitive bidding process. The bank reiterated previous disclosures on the disinvestment process, including advisor appointments and share sale details. It confirmed no communication from GOI on transaction finalization and is unaware of undisclosed material information that could explain recent share price movements. The bank will disclose any material information received.