We wish to inform you that IDFC FIRST Bank Limited (the 'Bank') has become one of the initial subscribers to the Memorandum and Articles of Association of IBBIC Private Limited (IBBIC) on November 20, 2020.<BR> <BR> Pursuant to Regulation 30 read with para A of part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended, read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015, we wish to provide the attached disclosure.<BR>
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