BSECompany Update5d ago · 15 Oct 2026, 04:29 pm
Clarification/Confirmation on news item appearing in "Media/Publication"
CSB Bank Ltd · 542867
✦ AI SummaryRegulatory
CSB Bank Ltd clarifies that it is not aware of any negotiations or discussions regarding a potential merger with IDBI Bank, following a news report. The bank assures that it will continue to promptly notify the exchanges of all events and actions that require disclosure.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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CSB Bank Ltd - 542867 - Clarification/Confirmation On News Item Appearing In 'Media/ Publication'
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SEC/253/2026 October 15, 2026
The Manager,
BSE Surveillance Department,
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai 400001.
Scrip code: 542867
Dear Sir/Madam,
Sub: Clarification / Confirmation on news item appearing in “Media/ Publication”
Ref: BSE E-mail dated October 15, 2026, seeking clarification under Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations”)
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This has reference to your letter No. L/SURV/ONL/RV/SG/ (2026-2027)/ 110
dated October 15, 2026, seeking clarification on the news item appeared on the website
‘www.livemint.com’ on October 15, 2026, captioned “CSB Bank merger with IDBI Bank likely after
Fairfax deal.”
In this regard, we would like to categorically state that the Bank 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.
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. Consequently, the question of providing a sequence of events does not
arise.
b) Whether you/company are aware of any information that has not been announced to the
Exchanges which could explain the aforesaid movement in the trading? Also, you are advised to
provide the reasons for not disclosing the above-mentioned information to the Exchange as required
under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Response: No
c) In case of regulatory/legal proceedings please provide the information on initiation / outcome of
the proceedings.
Response: The Bank is not aware of any regulatory/legal proceedings.
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