NSENews Verification9 Sept 2026 · 9 Sept 2026, 10:43 am

News Verification

CSB Bank Limited · CSBBANK

✦ AI SummaryRegulatory

CSB Bank Limited has responded to a clarification sought by the National Stock Exchange (NSE) regarding a news item about Fairfax plans to exit IIFL Finance to fund IDBI Bank bid. The bank stated it is not aware of the background of the news item or its factual correctness, and has no information regarding the matters reported therein.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

The Exchange has sought clarification from CSB Bank Limited with respect to recent news item captioned Fairfax plans IIFL Finance exit to fund IDBI Bank bid. The response from the Company is attached.

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CSBBANK_09092026103429_NSENewsClarification08092026f.pdf

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SEC/227/2026 September 9, 2026 The Chief Manager, Surveillance Department, National Stock Exchange of India Ltd., Exchange Plaza, 5th floor, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051. Scrip code: CSBBANK Dear Sir/Madam, Sub: Clarification / Confirmation on news item appearing in “Media/ Publication” Ref: NSE E-mail and letter dated September 8, 2026, seeking clarification under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations”) ------------------------------------------------------------------------------------------------------------------------------------- This has reference to your letter No. NSE/CM/Surveillance/17522 dated September 8, 2026, seeking clarification on the news item appeared on the website ‘www.economictimes.com’ on September 8, 2026, captioned “Fairfax plans IIFL Finance exit to fund IDBI Bank bid.” In this regard, the Bank would like to categorically state that it is not aware of the background of the said news item or the factual correctness thereof the contents. Further the Bank has no information regarding the matters reported therein and is not involved in any negotiations and discussions, or events, or developments of the nature referred to in the news item, insofar as the Bank is concerned. With specific reference to the queries raised by the Exchange, our responses are set out below: a) Whether such negotiations/events were taking place? If so, provide the said information along with the sequence of events in chronological order from the start of negotiations/events till date. Response: The Bank has no information regarding any negotiations, discussions or events referred to in the aforesaid news item relating to the Bank. Consequently, the question of providing a sequence of events does not arise. b) Whether the Company is aware of any information that has not been announced to the Exchanges which could explain the movement in trading, if any? Further, provide the said information and the reasons for not disclosing the same to the Exchange earlier as required under Regulation 30 of the SEBI (LODR) Regulations, 2015. Response: No c) The material impact of this article on the Company. Response: Since the Bank is not aware of the basis of the news item and the matters referred to therein, it is not in a position to comment on the material impact on the Bank. CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. Tel: +91 487–2333020 | Fax: +91 487–2338764 | Website: www.csb.bank.in | Email: secretarial@csb.bank.in |CIN: L65191KL1920PLC000175 We assure you that the Bank will continue to promptly notify the exchanges of all events, information, and actions that requires disclosure under the Listing Regulations. We trust the above adequately clarifies the matter. Kindly take the same on records. Thanking You, Yours faithfully, Sijo Varghese Company Secretary CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. Tel: +91 487–2333020 | Fax: +91 487–2338764 | Website: www.csb.bank.in | Email: secretarial@csb.bank.in |CIN: L65191KL1920PLC000175