CSB Bank Limited — Capital/Financing Update 2021

Aug 19, 2021

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SEC/ 278 /2021 August 19, 2021

BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001. Scrip code: 542867

National Stock Exchange of India Ltd., Exchange plaza, 5th floor, Bandra-kurla Complex, Bandra (E), Mumbai 400051. Symbol: CSBBANK

Dear Sir/Madam,

Intimation of assigning Credit Rating by India Ratings & Research to the proposed Rs. 500 Crore, Basel III compliant Tier II bonds issue Programme of the Bank.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, India Ratings & Research, vide letter dated August 19, 2021 has assigned a rating ‘ IND A ’ with Outlook Stable , to the proposed Rs. 500 Crore, Basel III compliant Tier II bonds issue Programme of the Bank.

As per India Ratings & Research ratings schedule, the instruments with rating symbol of ‘ IND A ’ with Outlook ‘ Stable ’ are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk. The rating rationale has been published and can be accessed at the below link:

https://www.indiaratings.co.in/PressRelease?pressReleaseID=55907

The details of the bonds issue Programme will be intimated in due course once the issue Programme has progressed further and materialised.

Kindly take the same on record.

Thanking You.

Yours faithfully,

SIJO Digitally signed by SIJO VARGHESE DN: st=KERALA, serialNumber=da67d16a892dbce0f63c24da300ebd6a93ef99e00629fb3f519fd7bc49a7c cee, postalCode=680020, ou=SECRETARIAL VARGHESE DEPARTMENT, o=CSB BANK LIMITED, c=IN, cn=SIJO VARGHESE Date: 2021.08.19 18:51:03 +05'30'

Sijo Varghese Company Secretary

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CSB Bank Limited Regd. Office: CSB Bhavan, St. Mary's College Road, Thrissur – 680020, Kerala, India. Tel: +91 487–2333020 | Fax: +91 487–2338764 | Web: www.csb.co.in | Email: board@csb.co.in | CIN: L65191KL1920PLC000175