IDBI BANK LTD. - Clarifies on News item

With reference to the News Item appearing in leading web portal, titled "Top banking sources confirm IDBI has been asked to merge United Bank of India", IDBI Bank Ltd has Clarified to BSE as given below:<br/><br/>" We confirm that so far no proposal for merger of United Bank of India with IDBI Bank has been discussed at IDBI Bank's Board Meeting and also no communication from Govt. of India in respect of the above has been received by the Bank.<br/><br/>- As soon as any communication from Govt. of India is received by IDBI Bank or any such proposal is discussed at IDBI Bank's Board Meeting, necessary disclosure under clause 36 of the Listing Agreement shall be made by the Bank."