Non-application of the provisions of Section 13 of the Banking Regulation Act, 1949, to the ING Vysya Bank Ltd., Development Credit Bank Ltd , Dhanlaxmi Bank Limited , IndusInd Bank Limited , South Indian Bank Limited .

No: 170 Dated: Jan, 23 2014

The Central Govt, on the recommendations of Reserve Bank of India, hereby declares that the provisions of Section 13 of the said Act, shall not apply to the ING Vysya Bank Ltd. in so far as they relate to the issue of equity shares to Qualified Institutional Buyers.