IDBI Bank Limited announced that its Board of Directors, in a meeting held on January 17, 2026, has approved the proposal for the incorporation of a CSR Foundation as a Wholly Owned Subsidiary. This foundation will be registered as a Section 8 company under the Companies Act, 2013.

The bank stated that further details required under SEBI’s Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, will be disclosed in due course, following the incorporation of the CSR Foundation with the Ministry of Corporate Affairs (MCA). This move signifies the bank's commitment to its Corporate Social Responsibility initiatives through a dedicated subsidiary.