We wish to inform you that pursuant to the approval accorded by the Board of Directors of the Bank (the 'Board'), at its meeting held on February 18, 2021 and the special resolution passed by the shareholders of the Bank by way of postal ballot on March 21, 2021, the Capital Raising Committee of the Board (the 'Capital Raising Committee') has, at its meeting held today i.e. March 30, 2021, inter alia, passed the attached matters. The meeting of the Capital Raising Committee commenced at 06:45 p.m. and concluded at 07:30 p.m. Further, we would like to inform you that a meeting of the Capital Raising Committee is scheduled to be held on April 06, 2021, inter alia, to consider and determine the issue price of Equity Shares to be issued pursuant to the Qualified institutions placement, including a discount, if any thereto as permitted under the SEBI ICDR Regulations and approved by the shareholders pursuant to a resolution dated March 21, 2021.