IDBI BANK : CLARIFIES ON MARKET RUMOUR VERIFICATIONS

• The proposed Strategic Disinvestment of the Bank is a confidential process being undertaken by the Government of India (GOI). • IDBI Bank has had no role to play in the captioned IIFL Finance matter. • The Bank is not aware of any information leading to the referenced news report. • The strategic disinvestment process is being handled by GOI, and the Bank is not involved in the conduct of the transaction. Impact: Neutral (Clarification provided on market rumour regarding potential exit of IIFL Finance)

IDBI Bank Limited

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