GOVERNMENT AND OTHER APPROVALS

We have set out below a list of material approvals, consents, licences and permissions from various governmental and
regulatory authorities obtained by our Bank which are considered material and necessary for the purpose of undertaking our
business activities and operations (“Material Approvals”). In view of these Material Approvals, our Bank can undertake this
Issue. In addition, certain of our Material Approvals may have lapsed or may lapse in their normal course and our Bank has
either already made applications to the appropriate authorities for renewal of such Material Approvals or is in the process of
making such renewal applications. Unless otherwise stated, Material Approvals as set out below, are valid as on date of this
Prospectus.

We have also disclosed below (i) the Material Approvals applied for, including renewal applications made, but not received;
(ii) the Material Approvals which have expired and renewal yet to be applied for; and (iii) the Material Approvals which are
required but not obtained or applied for, to the extent applicable.

For further details in connection with the regulatory and legal framework within which we operate, see “Key Regulations and
Policies” beginning on page 172.

L Approvals in relation to the Issue

1. For details regarding the approvals and authorizations obtained by our Bank in relation to the Issue, see “Other
Regulatory and Statutory Disclosures - Authority for the Issue” on page 344.

IL. Material Approvals in relation to the business operations as an SFB

A. RBI approvals for carrying on business activities of our Bank

2. Approval from RBI for the opening of subsidiary general ledger account.

3. Approval from RBI for commencing and operating mobile banking services.

4. Approval from RBI for allotment of primary IFSC SURY0000001.

5. Approval from RBI granting MICR code to 501 branches of our Bank.

6. Approval from RBI for allotment of 2148 as DEAF Code.

q. Approval from RBI for the opening of principal current account.

8. Approval from RBI for the opening and maintenance of NRE and NRO accounts.
9. Approval from RBI for issuing a 3-digit Basic Statistical Return - BSR Code 204.
10. Licence from RBI for authorization as Authorized Dealer — Category II.

11. No-objection certificate from RBI in relation to undertaking the activity of distribution of insurance products on a non-

risk sharing basis without any commitment of own funds.

12. No-objection certificate from RBI in relation to undertaking the distribution of mutual fund units and pension products
under the Atal Pension Yojana and National Pension Scheme on a non-risk sharing basis without any commitment of
own funds.

13; No-objection certificate from RBI in relation to referral arrangement for providing mutual fund distribution services.

B. RBI approvals granting membership to our Bank

1. Approval from RBI for membership of NDS-Call and NDS-OM system.

2 Approval from RBI for INFINET membership.

3. Approval from RBI for membership of RTGS system in the ‘Type A’ category and a RTGS settlement account in the
name of our Bank has been opened at the banking department, Mumbai.

Cc. RBI approvals for opening of administrative offices, branches and banking outlets of our Bank

1. Approval from RBI for setting up of 11 administrative offices at various locations.

2. Approval from RBI for setting up of 10 administrative offices and 10 back offices at various locations.

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