Share price at the NSE close on 23 Oct 2026. Previous close ₹79.80.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹82,191 Cr116th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 17 Oct 2026
- 9.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 17 Oct 2026
- 1.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 17 Oct 2026
- 11.8%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. For the whole group.
- 3.54%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 2.12%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 0.17%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Sep 2026. For the company alone, not its group: the regulator measures it company by company.
- 26.55%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. For the whole group.
- 2.10%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 91,88,52741.5% delivered
IDBI Bank board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing director and CEORakesh Sharma
- ChairpersonAjay Prakash Sawhney
- Company SecretaryJyothi Biju Nair
11 directors6 independent3 executive2 non-executive
- Rakesh Sharma · Managing director and CEOExecutive · joined Oct 2018 · reappointed Mar 2025 · 1 listed board
- Jayakumar S. PillaiExecutive · joined Jun 2023 · reappointed Jun 2026 · 1 listed board · 1 committee seat
- Sumit PhakkaExecutive · joined Jul 2024 · 1 listed board · 2 committee seats
- Manoj SahayNominee, non-executive · joined Apr 2022 · 1 listed board · 2 committee seats
- Sat Pal BhanooNominee, non-executive · joined Feb 2025 · 2 listed boards
- Deepak SinghalIndependent · joined Feb 2019 · reappointed Feb 2023 · 88 months as independent · 1 listed board · 1 as independent
- Sanjay Gokuldas KallapurIndependent · joined Mar 2019 · reappointed Mar 2023 · 87 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- BharathiIndependent · joined Jan 2021 · reappointed Jan 2025 · 65 months as independent · 2 listed boards · 2 as independent · 1 committee seat
- Ajay Prakash Sawhney · ChairpersonIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Abhijit ChakravortyIndependent · joined May 2026 · reappointed May 2026 · 1 month as independent · 2 listed boards · 2 as independent
- Ketan Shivji VikamseyIndependent · joined Jun 2026 · reappointed Jun 2026 · 0 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
8 directors who left
- Samaresh Parida, left 18 May 2026: Tenure Completion
- Jambunathan Narayanan, left 18 May 2026: Tenure Completion
- Bhuwanchandra Balkrishna Joshi, left 8 Oct 2025: Tenure Completion
- R Doraiswamy, left 24 Sep 2025: Others
- Sushil Kumar Singh, left 18 Sep 2025: Others
- Thothala Narayanasamy Manoharan, left 30 Jul 2025: Others
- Raj Kumar, left 18 May 2025: Tenure Completion
- Mukesh Kumar Gupta, left 9 Feb 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Jun 202610 of 11 present6 independent · 44 days in between
- 16 May 202611 of 11 present6 independent · 15 days in between
- 30 Apr 202611 of 11 present6 independent · 35 days in between
- 25 Mar 202610 of 11 present6 independent · 9 days in between
3 earlier meetings
- 15 Mar 202610 of 11 present6 independent · 21 days in between
- 21 Feb 202610 of 11 present6 independent · 34 days in between
- 17 Jan 202611 of 11 present6 independent
Audit Committee
Chair Ketan Shivji Vikamsey
Sanjay Gokuldas Kallapur, Manoj Sahay, Ajay Prakash Sawhney
- 29 Jun 20263 of 4 present3 independent · 44 days in between
- 15 May 20263 of 4 present3 independent · 14 days in between
- 30 Apr 20264 of 4 present3 independent · 36 days in between
- 24 Mar 20263 of 4 present3 independent · 31 days in between
2 earlier meetings
- 20 Feb 20264 of 4 present3 independent · 33 days in between
- 17 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Deepak Singhal
Bharathi, Manoj Sahay, Sanjay Gokuldas Kallapur
- 15 May 20263 of 4 present3 independent · 14 days in between
- 30 Apr 20264 of 4 present3 independent · 67 days in between
- 21 Feb 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Sanjay Gokuldas Kallapur
Jayakumar S. Pillai, Sumit Phakka, Ketan Shivji Vikamsey
- 13 May 20264 of 4 present2 independent · 91 days in between
- 10 Feb 20264 of 4 present2 independent
Risk Management Committee
Chair Bharathi
Rakesh Sharma, Sanjay Gokuldas Kallapur, Jayakumar S. Pillai, Sumit Phakka, Deepak Singhal, Abhijit Chakravorty
- 12 Jun 20266 of 7 present4 independent · 93 days in between
- 10 Mar 20267 of 7 present4 independent
Corporate Social Responsibility Committee
Chair Rakesh Sharma
Bharathi, Jayakumar S. Pillai, Sumit Phakka, Sat Pal Bhanoo
- 13 May 20265 of 5 present2 independent · 63 days in between
- 10 Mar 20265 of 5 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditors
Named in the results for the quarter to Sep 2026.
- M/s Suri & CompanyPeer-review certificate valid to Apr 2027
- M/s Chokshi & Chokshi LLPPeer-review certificate valid to Mar 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
IDBI Bank AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.IDBI Bank dividend history
Annual general meeting, 21 Jul 2026
7,31,308 shareholders on the register on 14 Jul 2026; present: 2 promoters and 40 others; votes counted by Smt. Aparna Gadgil / S.N. Ananthasubramanian & company, Practicing Company Secretaries.The company's voting result (opens in a new tab)
- To adopt the Audited Standalone and Consolidated Financial Statements of IDBI Bank for the year ended March 31, 2026 along with Reports of Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 53.03% · promoters 54.90% · institutions 90.50% · other public 10.29%
- To reappoint Shri Sumit Phakka (DIN: 08259618) as Rotational Director, during his tenure as Deputy Managing Director who retires at the 22nd AGM and, being eligible, offers himself for reappointmentOrdinary99.93% for0.07% against
Against: promoters 0.00% · institutions 6.26% · other public 0.23%
Turnout: all 53.03% · promoters 54.90% · institutions 90.50% · other public 10.29%
- To Appoint Shri Abhijit Chakravorty (DIN: 09494533) as Independent Director on the Board of the Bank for a period of two (2) years w.e.f. May 19, 2026Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.82% · other public 0.24%
Turnout: all 53.03% · promoters 54.90% · institutions 90.50% · other public 10.29%
- To Appoint Shri Ketan Vikamsey (DIN: 00282877) as Independent Director on the Board of the Bank for a period of two (2) years w.e.f. June 26, 2026Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.82% · other public 0.21%
Turnout: all 53.03% · promoters 54.90% · institutions 90.50% · other public 10.29%
- To Re-appoint Shri Jayakumar S. Pillai (DIN: 10041362) as Deputy Managing Director of the Bank for a periof of One (1) year w.e.f. June 12, 2026Ordinary99.76% for0.24% against
Against: promoters 0.00% · institutions 22.61% · other public 0.23%
Turnout: all 53.03% · promoters 54.90% · institutions 90.50% · other public 10.29%
- To approve Material Related Party Transactions with LIC Mutual Fund (LICMF)OrdinaryPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.04% · other public 0.09%
Turnout: all 1.03% · promoters 0.00% · institutions 90.50% · other public 10.29%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 22 Jul 2025, 7 resolutions
7,08,452 shareholders on the register on 15 Jul 2025; present: 2 promoters and 109 others; votes counted by Smt. Aparna Gadgil / S.N. Ananthasubramanian & company, Practicing Company Secretaries.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements including Consolidated Financial Statements of IDBI Bank for the year ended March 31, 2025 along with Reports of Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 53.00% · promoters 54.90% · institutions 77.76% · other public 10.41%
- To declare dividend on equity shares of the Bank for the FY 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.13%
Turnout: all 53.00% · promoters 54.90% · institutions 78.15% · other public 10.41%
- To reappoint Shri Manoj Sahay (DIN: 08711612) as Rotational Director, during his tenure as Government Nominee Director who retires at the 21st AGM and, being eligible, offers himself for reappointmentOrdinaryPromoters have an interest in it99.13% for0.87% against
Against: promoters 0.00% · institutions 89.42% · other public 0.22%
Turnout: all 53.00% · promoters 54.90% · institutions 77.76% · other public 10.40%
To reappoint Shri Sushil Kumar Singh (DIN:09584577) as Rotational Director, during his tenure as Government Nominee Director who retires at the 21st AGM and, being eligible, offers himself for reappointmentMoreLess
OrdinaryPromoters have an interest in it99.19% for0.81% againstAgainst: promoters 0.00% · institutions 83.67% · other public 0.21%
Turnout: all 53.00% · promoters 54.90% · institutions 77.76% · other public 10.40%
- To appoint M/s Parikh & Associates, Practising Company Secretaries (Firm registration number: P1988MH009800) as Secretarial Auditors and fix their remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 53.00% · promoters 54.90% · institutions 77.76% · other public 10.40%
- To approve Material Related Party Transactions with Life Insurance Corporation of India.OrdinaryPromoters have an interest in it99.91% for0.09% against
Against: promoters 0.00% · institutions 0.03% · other public 0.14%
Turnout: all 1.00% · promoters 0.00% · institutions 77.76% · other public 10.40%
- To approve Material Related Party Transactions with LIC Housing Finance LimitedOrdinaryPromoters have an interest in it99.91% for0.09% against
Against: promoters 0.00% · institutions 0.03% · other public 0.14%
Turnout: all 1.00% · promoters 0.00% · institutions 77.76% · other public 10.40%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 8 May 2025, 3 resolutions
7,35,186 shareholders on the register on 4 Apr 2025; votes counted by Ms Aparna Gadgil / S.N.Nanathasubramanian & Co., Company Secretaries.The company's voting result (opens in a new tab)
- Re-appointment of Shri Rakesh Sharma (DIN: 06846594) as Managing Director & Chief Executive officer of the Bank for a period of three years w.e.f. March 19, 2025, as approved by the RBI.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 3.96% · other public 0.25%
Turnout: all 52.96% · promoters 54.90% · institutions 75.32% · other public 10.26%
- Appointment of Shri Sat Pal Bhanoo (DIN: 10482731) as LIC Nominee Director, liable to retire by rotation, on the Board of the Bank, w.e.f. February 10, 2025.Ordinary99.95% for0.05% against
Against: promoters 0.00% · institutions 5.28% · other public 0.23%
Turnout: all 52.96% · promoters 54.90% · institutions 75.32% · other public 10.26%
- Appointment of Shri R. Doraiswamy (DIN: 10358884) as LIC Nominee Director, liable to retire by rotation, on the Board of the Bank, w.e.f. May 19, 2025.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 2.75% · other public 0.22%
Turnout: all 52.96% · promoters 54.90% · institutions 75.32% · other public 10.26%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Jul 2024, 9 resolutions
Present: 2 promoters and 79 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Bank for the year ended March 31, 2024 and the Reports of the Board of Directors & Auditors thereon and the Audited Consolidated Financial Statements of the Bank and the report of the Auditors thereon for the year ended March 31, 2024.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 52.93% · promoters 54.90% · institutions 41.13% · other public 11.74%
- To declare dividend on equity shares of the Bank for the financial year 2023-24.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.14%
Turnout: all 52.93% · promoters 54.90% · institutions 41.13% · other public 11.74%
- To re-appoint Shri Raj Kumar (DIN: 06627311), LIC Nominee Director as Rotational Director who retires by rotation and, being eligible, offers himself for re-appointment.Ordinary99.94% for0.06% against
Against: promoters 0.00% · institutions 6.68% · other public 0.21%
Turnout: all 52.93% · promoters 54.90% · institutions 41.01% · other public 11.74%
- To re-appoint Shri Jayakumar S. Pillai (DIN: 10041362), Deputy Managing Director as Rotational Director who retires by rotation and, being eligible, offers himself for reappointment.Ordinary99.94% for0.06% against
Against: promoters 0.00% · institutions 6.68% · other public 0.22%
Turnout: all 52.93% · promoters 54.90% · institutions 41.01% · other public 11.74%
To appoint M/s Chokshi & Chokshi LLP, Chartered Accountants (Firm Regn. No. 101872W/W100045) and M/s Suri & Co., Chartered Accountants (Firm Regn. No. 004283S), as Joint Statutory Auditors of the Bank, to hold office from the conclusion of this Annual General Meeting till the conclusion of the Twenty Third Annual General Meeting to be held in the year 2027 and fix their remuneration.MoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 2.25% · other public 0.16%
Turnout: all 52.93% · promoters 54.90% · institutions 41.13% · other public 11.74%
- To approve Material Related Party Transactions with Life Insurance Corporation of India.OrdinaryPromoters have an interest in it99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 0.93% · promoters 0.00% · institutions 41.13% · other public 11.74%
- To approve Material Related Party Transactions with LIC Housing Finance LimitedOrdinaryPromoters have an interest in it99.89% for0.11% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 0.93% · promoters 0.00% · institutions 41.13% · other public 11.74%
To approve the appointment of Shri Sumit Phakka (DIN: 08259618) as Deputy Managing Director (DMD) of the Bank, liable to retire by rotation, for a period of three years commencing from the date of his taking charge as DMD of the Bank, as approved by the RBI vide their letter dated May 31, 2024 and by the Board of Directors of the Bank on June 01, 2024.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.32% · other public 0.21%
Turnout: all 52.93% · promoters 54.90% · institutions 41.13% · other public 11.74%
To approve the re-appointment of Smt. P.V. Bharathi (DIN 06519925) as an Independent Director of the Bank, not liable to retire by rotation, for second term of four consecutive years, with effect from January 14, 2025.MoreLess
Special99.92% for0.08% againstAgainst: promoters 0.00% · institutions 9.33% · other public 0.23%
Turnout: all 52.93% · promoters 54.90% · institutions 41.01% · other public 11.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 19 Nov 2023, 1 resolution
The company's voting result (opens in a new tab)
Appointment of Shri Ajay Prakash Sawhney (DIN: 03359323) as an Independent Director, not liable to retire by rotation, on the Board of the Bank for a term of 4 consecutive years w.e.f. August 28, 2023.MoreLess
Special99.98% for0.02% againstAgainst: promoters 0.00% · institutions 2.70% · other public 0.60%
Turnout: all 52.80% · promoters 54.90% · institutions 52.38% · other public 9.98%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 13 Jul 2023, 8 resolutions
Present: 2 promoters and 87 others.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements including Consolidated Financial Statements of IDBI Bank for the year ended March 31, 2023 along with Reports of Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.34% · other public 0.01%
Turnout: all 52.77% · promoters 54.90% · institutions 34.66% · other public 10.90%
- To declare dividend of Re.1 on equity shares of face value of Rs. 10/- each of the Bank for the FY 2022-23Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 52.77% · promoters 54.90% · institutions 34.66% · other public 10.90%
- To reappoint Shri Manoj Sahay (DIN: 08711612) as Rotational Director, during his tenure as GOI Nominee Director who retires at the 19th AGM and, being eligible, offers himself for reappointment.Ordinary99.90% for0.10% against
Against: promoters 0.00% · institutions 16.32% · other public 1.05%
Turnout: all 52.77% · promoters 54.90% · institutions 34.66% · other public 10.89%
To reappoint Shri Sushil Kumar Singh (DIN: 09584577) as Rotational Director, during his tenure as GOI Nominee Director who retires at the 19th AGM and, being eligible, offers himself for reappointment.MoreLess
Ordinary99.91% for0.09% againstAgainst: promoters 0.00% · institutions 14.08% · other public 1.06%
Turnout: all 52.77% · promoters 54.90% · institutions 34.66% · other public 10.90%
- To appoint Shri Jayakumar S. Pillai (DIN: 10041362) as Deputy Managing Director (DMD) of the Bank for a period of three years w.e.f June 12, 2023, as approved by Board and the RBI.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 52.77% · promoters 54.90% · institutions 34.66% · other public 10.90%
- To approve Material Related Party Transactions with Life Insurance Corporation of India.OrdinaryPromoters have an interest in it99.35% for0.65% against
Against: promoters 0.00% · institutions 0.00% · other public 1.03%
Turnout: all 0.77% · promoters 0.00% · institutions 34.66% · other public 10.89%
- To approve Material Related Party Transactions with IDBI Capital Market & Securities Ltd.OrdinaryPromoters have an interest in it99.38% for0.62% against
Against: promoters 0.00% · institutions 0.00% · other public 0.99%
Turnout: all 0.77% · promoters 0.00% · institutions 34.66% · other public 10.89%
- To approve the alteration of Articles of Association of IDBI Bank.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 2.64% · other public 0.04%
Turnout: all 52.77% · promoters 54.90% · institutions 34.66% · other public 10.90%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 31 Jan 2023, 2 resolutions
The company's voting result (opens in a new tab)
- Alteration of Authorised Share Capital of the Bank to comply with Section 12(1)(i) of the Banking Regulation Act, 1949.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.30%
Turnout: all 52.50% · promoters 54.90% · institutions 8.21% · other public 9.48%
- Re-appointment of Shri Suresh Kishinchand Khatanhar (DIN: 03022106) as Deputy Managing Director (DMD) of the Bank for a period of one year w.e.f January 15, 2023, as approved by the RBIOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 1.13% · other public 0.36%
Turnout: all 52.50% · promoters 54.90% · institutions 8.21% · other public 9.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 2 Dec 2022, 3 resolutions
The company's voting result (opens in a new tab)
- Re-appointment of Shri Samuel Joseph Jebaraj (DIN:02262530) as Deputy Managing Director (DMD)Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 14.26%
Turnout: all 52.13% · promoters 54.90% · institutions 53.73% · other public 0.55%
- Re-Appointment of Shri Deepak Singhal (DIN: 08375146) as Independent Director of the Bank, not liable to retire by rotation, for second term of four consecutive years w.e.f. February 28, 2023.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 2.34% · other public 14.76%
Turnout: all 52.13% · promoters 54.90% · institutions 53.73% · other public 0.55%
- Re-Appointment of Shri Sanjay Gokuldas Kallapur (DIN: 08377808) as Independent Director of the Bank, not liable to retire by rotation, for second term of four consecutive years, w.e.f. March 05, 2023.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 14.41%
Turnout: all 52.13% · promoters 54.90% · institutions 53.73% · other public 0.55%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 21 Jul 2026, 7 fund houses so far (houses' deadline to file 15 Oct 2026)
- To adopt the Audited Standalone and Consolidated Financial Statements of IDBI Bank for the year ended March 31, 2026 along with Reports of Board of Directors and Auditors thereon7 for0 against
- To reappoint Shri Sumit Phakka (DIN: 08259618) as Rotational Director, during his tenure as Deputy Managing Director who retires at the 22nd AGM and, being eligible, offers himself for reappointment7 for0 against
- To Appoint Shri Abhijit Chakravorty (DIN: 09494533) as Independent Director on the Board of the Bank for a period of two (2) years w.e.f. May 19, 20267 for0 against
- To Appoint Shri Ketan Vikamsey (DIN: 00282877) as Independent Director on the Board of the Bank for a period of two (2) years w.e.f. June 26, 20267 for0 against
- To Re-appoint Shri Jayakumar S. Pillai (DIN: 10041362) as Deputy Managing Director of the Bank for a periof of One (1) year w.e.f. June 12, 2026
Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund
- Angel One Mutual FundGovernance and Transparency concern: Inadequate disclosure regarding proposed remuneration and authorize the Nomination & Remuneration Committees and the Board to determine the remuneration.
- DSP Mutual Fund, Jio BlackRock Mutual FundJayakumar S. Pillai, 61, is Deputy Managing Director. He leads the bank’s Corporate Business vertical and oversees several critical functions including the Large and Mid-Corporate Group, NPA Management Group, Transaction Banking Group, etc. He also has administrative oversight over the Compliance and Risk Department. He has served on the board since 12 June 2023. He attended all 14 board meetings in FY26 (100%). As per the previously approved terms, Jayakumar S. Pillai received a remuneration of Rs. 35.7 mn in FY25. For FY26, he received a fixed remuneration of Rs 13.8 mn. We note that the variable pay for FY26 is yet to be approved by the RBI. Based on RBI guidelines, we estimate his total remuneration for FY26 to be in the range of Rs. 41.4 mn – Rs. 55.2 mn. We raise concern that the bank has not provided any guidance with regards to the remuneration for the proposed tenure from 12 June 2026. This remuneration is to be decided by the NRC and then approved by the board and RBI. We expect the bank to disclose all components of proposed remuneration, both fixed and variable and the performance metrics that determine variable pay. Given the lack of clarity in the proposed terms for FY27 and the fact the proposed term commences in FY27, we are unable to determine his overall remuneration for the proposed tenure. While we support his reappointment as Deputy Managing Director, we are unable to ascertain the remuneration. We do not support this resolution.
- Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Governance and Transparency concern: Inadequate disclosure regarding proposed remuneration and authorize the NRC and the Board to determine the remuneration.
2 for5 against - To approve Material Related Party Transactions with LIC Mutual Fund (LICMF)7 for0 against
Mutual fund votes, meeting of 22 Jul 2025, 15 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To adopt the Audited Financial Statements including Consolidated Financial Statements of IDBI Bank for the year ended March 31, 2025 along with Reports of Board of Directors and Auditors thereon14 for0 against
- To declare dividend on equity shares of the Bank for the FY 2024-2515 for0 against
- To reappoint Shri Manoj Sahay (DIN: 08711612) as Rotational Director, during his tenure as Government Nominee Director who retires at the 21st AGM and, being eligible, offers himself for reappointment
Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund
- Angel One Mutual Fund, Nippon India Mutual FundGovernance concern: Low Attendance in Audit Committee meetings.
- Axis Mutual FundManoj Sahay, 57, is an IAS officer of 1994 batch and currently serves as Additional Secretary and Financial Advisor, overseeing six departments within the Ministry of Finance. He has been on the board of IDBI Bank as nominee of Government of India since 28 April 2022. He has attended 54% (7 out of 13) board meetings held in FY25 and 53% (20 out of 38) board meetings held over the last three years. We expect directors to attend all board meetings during the year, and we have a threshold of 75% attendance of the board meetings in the three years prior to re-appointment. While his reappointment is in line with statutory regulations, we are unable to support the reappointment given his low board meeting attendance. Hence, we do not support the resolution.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundRe-appointment compliant with law. Governance concern: Low Attendance in Audit Committee meetings.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
6 for9 against To reappoint Shri Sushil Kumar Singh (DIN:09584577) as Rotational Director, during his tenure as Government Nominee Director who retires at the 21st AGM and, being eligible, offers himself for reappointmentMoreLess
Against Axis Mutual Fund, Mirae Asset Mutual Fund
- Axis Mutual FundSushil Kumar Singh, 47, is an Indian Defence Accounts Service officer of 2006 batch and currently serves as Director in the Department of Financial Services, Ministry of Finance. He has been on the board of IDBI Bank as nominee of Government of India since 28 April 2022. He has attended 62% (8 out of 13) board meetings held in FY25 and 45% (17 out of 38) board meetings held over the last three years. We expect directors to attend all board meetings during the year, and we have a threshold of 75% attendance of the board meetings in the three years prior to re-appointment. While his reappointment is in line with statutory regulations, we are unable to support the reappointment given his low board meeting attendance. Hence, we do not support the resolution.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
13 for2 against- To appoint M/s Parikh & Associates, Practising Company Secretaries (Firm registration number: P1988MH009800) as Secretarial Auditors and fix their remuneration.15 for0 against
- To approve Material Related Party Transactions with Life Insurance Corporation of India.15 for0 against
- To approve Material Related Party Transactions with LIC Housing Finance Limited15 for0 against
1 proposal not matched to one resolution
1) Adoption of Audited Standalone Financial Statements for the year ended March 31, 2025 and the reports of the Directors and Auditors thereon. Adoption of Audited Consolidated Financial Statements for the year ended March 31, 2025 and Auditors report thereon.MoreLess
1 for0 against
6 earlier meetings
Mutual fund votes, meeting of 8 May 2025, 15 fund houses
- Re-appointment of Shri Rakesh Sharma (DIN: 06846594) as Managing Director & Chief Executive officer of the Bank for a period of three years w.e.f. March 19, 2025, as approved by the RBI.15 for0 against
- Appointment of Shri Sat Pal Bhanoo (DIN: 10482731) as LIC Nominee Director, liable to retire by rotation, on the Board of the Bank, w.e.f. February 10, 2025.15 for0 against
- Appointment of Shri R. Doraiswamy (DIN: 10358884) as LIC Nominee Director, liable to retire by rotation, on the Board of the Bank, w.e.f. May 19, 2025.15 for0 against
Mutual fund votes, meeting of 23 Jul 2024, 13 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Financial Statements of the Bank for the year ended March 31, 2024 and the Reports of the Board of Directors & Auditors thereon and the Audited Consolidated Financial Statements of the Bank and the report of the Auditors thereon for the year ended March 31, 2024.MoreLess
13 for0 against- To declare dividend on equity shares of the Bank for the financial year 2023-24.13 for0 against
- To re-appoint Shri Raj Kumar (DIN: 06627311), LIC Nominee Director as Rotational Director who retires by rotation and, being eligible, offers himself for re-appointment.13 for0 against
- To re-appoint Shri Jayakumar S. Pillai (DIN: 10041362), Deputy Managing Director as Rotational Director who retires by rotation and, being eligible, offers himself for reappointment.13 for0 against
To appoint M/s Chokshi & Chokshi LLP, Chartered Accountants (Firm Regn. No. 101872W/W100045) and M/s Suri & Co., Chartered Accountants (Firm Regn. No. 004283S), as Joint Statutory Auditors of the Bank, to hold office from the conclusion of this Annual General Meeting till the conclusion of the Twenty Third Annual General Meeting to be held in the year 2027 and fix their remuneration.MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, Zerodha Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merit of proposed Auditors. Non-Compliant with SEBI LODR Regulation: Credentials of statutory auditors not disclosed.
- Nippon India Mutual FundCredentials of statutory auditors not disclosed.
- Zerodha Mutual FundNon-Compliant with SEBI LODR Regulation: Credentials of statutory auditors not disclosed.
8 for5 against- To approve Material Related Party Transactions with Life Insurance Corporation of India.12 for0 against
- To approve Material Related Party Transactions with LIC Housing Finance Limited13 for0 against
To approve the appointment of Shri Sumit Phakka (DIN: 08259618) as Deputy Managing Director (DMD) of the Bank, liable to retire by rotation, for a period of three years commencing from the date of his taking charge as DMD of the Bank, as approved by the RBI vide their letter dated May 31, 2024 and by the Board of Directors of the Bank on June 01, 2024.MoreLess
13 for0 againstTo approve the re-appointment of Smt. P.V. Bharathi (DIN 06519925) as an Independent Director of the Bank, not liable to retire by rotation, for second term of four consecutive years, with effect from January 14, 2025.MoreLess
13 for0 against
1 proposal not matched to one resolution
To approve, carrying out and /or continuing with contracts/ arrangements/ transactions (whether individual transaction or transactions taken together or series of transactions or otherwise), with LIC Housing Finance Limited being a related party of the BankMoreLess
1 for0 against
Mutual fund votes, meeting of 19 Nov 2023, 8 fund houses
Appointment of Shri Ajay Prakash Sawhney (DIN: 03359323) as an Independent Director, not liable to retire by rotation, on the Board of the Bank for a term of 4 consecutive years w.e.f. August 28, 2023.MoreLess
8 for0 against
Mutual fund votes, meeting of 13 Jul 2023, 8 fund houses
- To adopt the Audited Financial Statements including Consolidated Financial Statements of IDBI Bank for the year ended March 31, 2023 along with Reports of Board of Directors and Auditors thereon.8 for0 against
- To declare dividend of Re.1 on equity shares of face value of Rs. 10/- each of the Bank for the FY 2022-238 for0 against
- To reappoint Shri Manoj Sahay (DIN: 08711612) as Rotational Director, during his tenure as GOI Nominee Director who retires at the 19th AGM and, being eligible, offers himself for reappointment.8 for0 against
To reappoint Shri Sushil Kumar Singh (DIN: 09584577) as Rotational Director, during his tenure as GOI Nominee Director who retires at the 19th AGM and, being eligible, offers himself for reappointment.MoreLess
Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Motilal Oswal Mutual FundRe-appointment compliant with law. Governance concern: Low Attendance.
- Nippon India Mutual FundLow Attendance
6 for2 against- To appoint Shri Jayakumar S. Pillai (DIN: 10041362) as Deputy Managing Director (DMD) of the Bank for a period of three years w.e.f June 12, 2023, as approved by Board and the RBI.8 for0 against
- To approve Material Related Party Transactions with Life Insurance Corporation of India.8 for0 against
- To approve Material Related Party Transactions with IDBI Capital Market & Securities Ltd.8 for0 against
- To approve the alteration of Articles of Association of IDBI Bank.8 for0 against
Mutual fund votes, meeting of 31 Jan 2023, 4 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Alteration of Authorised Share Capital of the Bank to comply with Section 12(1)(i) of the Banking Regulation Act, 1949.2 for0 against
- Re-appointment of Shri Suresh Kishinchand Khatanhar (DIN: 03022106) as Deputy Managing Director (DMD) of the Bank for a period of one year w.e.f January 15, 2023, as approved by the RBI4 for0 against
2 proposals not matched to one resolution
To reduce the Authorised Share Capital of the Bank from Rs.25000,00,00,000/- divided into 2500,00,00,000 equity shares of Rs.10/- each to Rs.21000,00,00,000/- divided into 2100,00,00,000 equity shares of Rs.10/- each by cancelling shares, which have not been issued, taken or agreed to be taken by any person and diminishing the amount of Authorised Share Capital of the Bank by an amount of Rs.4000,00,00,000/- representing 400,00,00,000 equity shares of Rs.10/- each and consequently the existing Clause V of the Memorandum of Association and Article 3 of the Articles of Association of the Bank.MoreLess
1 for0 againstTo reduce the Authorised Share Capital of the Bank from Rs.25000,00,00,000/- (Rupees Twenty Five Thousand Crore) divided into 2500,00,00,000 (Twenty Five Hundred Crore) equity shares of Rs.10/- each to Rs.21000,00,00,000/- (Rupees Twenty One Thousand Crore) divided into 2100,00,00,000 (Twenty One Hundred Crore) equity shares of Rs.10/- each by cancelling shares, which have not been issued, taken or agreed to be taken by any person and diminishing the amount of Authorised Share Capital of the Bank by an amount of Rs.4000,00,00,000/- (Rupees Four Thousand Crore) representing 400,00,00,000 (Four Hundred Crore) equity shares of Rs.10/- each and consequently the existing Clause V of the Memorandum of Association and Article 3 of the Articles of Association of the BankMoreLess
1 for0 against
Mutual fund votes, meeting of 2 Dec 2022, 4 fund houses
- Re-appointment of Shri Samuel Joseph Jebaraj (DIN:02262530) as Deputy Managing Director (DMD)4 for0 against
- Re-Appointment of Shri Deepak Singhal (DIN: 08375146) as Independent Director of the Bank, not liable to retire by rotation, for second term of four consecutive years w.e.f. February 28, 2023.4 for0 against
- Re-Appointment of Shri Sanjay Gokuldas Kallapur (DIN: 08377808) as Independent Director of the Bank, not liable to retire by rotation, for second term of four consecutive years, w.e.f. March 05, 2023.4 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyReserve Bank of IndiaSince 10 Apr 2026
Penalty of Rs. 100 levied on Vijaywada
Penalty levied for the discrepancies detected in Currency Verification and Processing System (CVPS) during processing of Soiled Note Remittances - Fine or penaltyReserve Bank of IndiaSince 17 Apr 2026
Penalty of Rs. 200 levied on Guwahati
Penalty levied for the discrepancies detected in Currency Verification and Processing System (CVPS) during processing of Soiled Note Remittances - Fine or penaltyNational Payments Corporation of India (NPCISince 28 Apr 2026
Penalty of Rs.15000 levied on ITD
Aadhaar Enabled Payment System. (AePS) TD Compliance (Technical Decline) penalty for the month of March 2026 by National Payments Corporation of India (NPCI) - Fine or penaltyReserve Bank of IndiaSince 30 Apr 2026
Penalty of Rs.5400 levied on Panchkula
Penalty levied for the discrepancies detected in Currency Verification and Processing System (CVPS) during processing of Soiled Note Remittances - Fine or penaltyReserve Bank of IndiaSince 7 May 2026
Penalty of Rs.10000 levied on Banka
Penalty Imposed by RBI for Non-Exchange of Soiled, Mutilated Notes and Coins for non-customers. - Fine or penaltyReserve Bank of IndiaSince 13 May 2026
Penalty of Rs.10000 levied on Lohardaga
Penalty Imposed by RBI for Non-Exchange of Soiled, Mutilated Notes and Coins for non-customers. - Fine or penaltyReserve Bank of IndiaSince 13 May 2026
Penalty of Rs. 100 levied on Chennai
Penalty levied for the discrepancies detected in Currency Verification and Processing System (CVPS) during processing of Soiled Note Remittances - Fine or penaltyReserve Bank of IndiaSince 22 May 2026
Penalty of Rs. 400 levied on Nagpur
Penalty levied for the discrepancies detected in Currency Verification and Processing System (CVPS) during processing of Soiled Note Remittances
3 more
- Fine or penaltyReserve Bank of IndiaSince 27 May 2026
Penalty of Rs. 10000 levied on Akola
Penalty Imposed by RBI for Non-Exchange of Soiled, Mutilated Notes and Coins for non-customers - Fine or penaltyReserve Bank of IndiaSince 23 Jun 2026
Penalty of Rs. 1000 levied on Delhi
Penalty levied for the discrepancies detected in Currency Verification and Processing System (CVPS) during processing of Soiled Note Remittances - Fine or penaltyReserve Bank of IndiaSince 24 Jun 2026
Penalty of Rs. 850 levied on Chennai
Penalty levied for the discrepancies detected in Currency Verification and Processing System (CVPS) during processing of Soiled Note Remittances
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.