CERTAIN CONVENTIONS, PRESENTATION OF FINANCIAL, INDUSTRY AND MARKET DATA
Certain Conventions

All references in this Prospectus to “India” are to the Republic of India and all references to the “US”, “U.S.” “USA” or “United
States” are to the United States of America.

Unless otherwise specified, any time mentioned in this Prospectus is in Indian Standard Time. Unless indicated otherwise, all
references to a year in this Prospectus are to a calendar year.

Unless stated otherwise, all references to page numbers in this Prospectus are to the page numbers of this Prospectus.
Financial Data

Unless stated otherwise or the context otherwise requires, the financial data in this Prospectus is derived from the restated
summary statement of assets and liabilities for the nine months ended December 31, 2020 and December 31, 2019, for each of
the years ended March 31, 2020, March 31, 2019 and March 31, 2018 and restated summary statement of profit and loss and
cash flows for the nine months ended December 31, 2020 and December 31, 2019, for each of the years ended March 31, 2020,
March 31, 2019 and March 31, 2018, the summary statement of significant accounting policies, and other explanatory
information prepared by our Bank in accordance with the requirements of Section 26 of Part I of Chapter III of the Companies
Act, 2013, SEBI ICDR Regulations and the Guidance Note on Reports in Company Prospectuses (Revised 2019) issued by the
Institute of Chartered Accountants of India, as amended from time to time. For further information on our Bank’s financial
information, see “Financial Information” beginning on page 241.

There are significant differences between Indian GAAP, Ind AS, U.S. GAAP and IFRS. The Restated Financial Statements
included in this Prospectus have been compiled by the management from the audited financial statements as at and for the nine
months ended December 31, 2020 and December 31, 2019, as at and for the year ended March 31, 2020, as at and for the year
ended March 31, 2019, and as at March 31, 2018 prepared by our Bank in accordance with the provisions of Section 29 of the
Banking Regulation Act 1949, accounting principles generally accepted in India including the Companies (Accounting Standard)
Rules 2006 (as amended) specified under Section 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts)
Rules, 2014 in so far as they apply to our Bank and circulars, guidelines and directions issued by Reserve Bank of India from
time to time. Our Bank has not attempted to explain those differences or quantify their impact on the financial data included in
this Prospectus and it is urged that you consult your own advisors regarding such differences and their impact on our Bank’s
financial data. For risks in this regard, see “Risk Factors — Significant differences exist between Indian GAAP and other
accounting principles, such as Ind AS, U.S. GAAP and IFRS, which investors may be more familiar with and may consider
material to their assessment of our financial condition.” on page 51. Accordingly, the degree to which the financial information
included in this Prospectus will provide meaningful information is entirely dependent on the reader’s level of familiarity with
Indian accounting policies and practices, the Companies Act and the SEBI ICDR Regulations. Any reliance by persons not
familiar with Indian accounting policies and practices on the financial disclosures presented in this Prospectus should accordingly
be limited. Our Bank does not provide reconciliation of its financial information to IFRS or U.S. GAAP.

Unless the context otherwise indicates, any percentage or amounts, with respect to financial information of our Bank in this
Prospectus have been derived from the Restated Financial Statements.

Our Bank’s Financial Year commences on April 1 and ends on March 31 of the next year. Accordingly, all references to a
particular Financial Year, unless stated otherwise, are to the 12-month period ended on March 31 of that year.

In this Prospectus, any discrepancies in any table between the total and the sums of the amounts listed are due to rounding off.
All figures in decimals have been rounded off to the second decimal and all the percentage figures have been rounded off to two
decimal places.

Non-GAAP Financial Measures

Certain non-GAAP financial measures and certain other statistical information relating to our operations and financial
performance have been included in this section and elsewhere in this Prospectus. We compute and disclose such non-GAAP
financial measures and such other statistical information relating to our operations and financial performance as we consider
such information to be useful measures of our business and financial performance, and because such measures are frequently
used by securities analysts, investors and others to evaluate the operational performance of financial services businesses, many
of which provide such non-GAAP financial measures and other statistical and operational information when reporting their
financial results. Such non-GAAP measures are not measures of operating performance or liquidity defined by generally accepted
accounting principles. These non-GAAP financial measures and other statistical and other information relating to our operations
and financial performance may not be computed on the basis of any standard methodology that is applicable across the industry
and therefore may not be comparable to financial measures and statistical information of similar nomenclature that may be
computed and presented by other banks in India or elsewhere.

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