IDBI Bank Approves Rs 10,000 Crore Bond Issuance

IDBI Bank's board approved issuance of long-term rupee bonds for up to Rs 10,000 crore.
The bonds will finance infrastructure and affordable housing projects through private placement.
The issuance can be done in tranches until March 31, 2027 in domestic markets.
The intimation is made under SEBI LODR Regulations 30 and 51.