board approved the transfer of its demat business to wholly owned subsidiary IDBI Capital Market Services Ltd. for INR 5.50 crores during a February 21, 2026 meeting. The transaction involves transferring depository participant operations for NSDL and CDSL, with completion expected by April 2026 subject to regulatory approvals. The demat unit contributes less than 0.032% of the bank's total income, making it non-material to operations. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.