Pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform you that the Reserve Bank of India (RBI) vide its letter dated October 11, 2023 addressed to SBI Mutual Fund (SBIMF), has accorded its approval to SBIMF for acquiring up to 9.99% of the paid up share capital or voting rights in IndusInd Bank Limited (the Bank). The approval has been granted with reference to the application made by SBIMF to RBI.