In continuation of our letter dated October 24, 2018, this is to inform that the Board of Directors of IDFC Bank Limited at its meeting held yesterday has approved making an application to the Reserve Bank of India ('RBI') for its approval for changing the name of the Bank from 'IDFC Bank Limited' to 'IDFC First Bank Limited'.

The change of name would further require approvals of statutory / regulatory authorities including the Registrar of Companies, Shareholders and other Stakeholders, as may be required.

The Amalgamation of Capital First Limited with IDFC Bank Limited is now at an advanced stage and has received approvals from the Competition Commission of India, Stock Exchanges, RBI and the Shareholders and Creditors of all the parties involved. The approvals from the National Company Law Tribunals are awaited.

Kindly take note of the same.