IDFC has informed that the Reserve Bank of India ('RBI') has, vide its letter No. DOR..HOL.No.SUO-75590/16.01.146/2021-22 dated July 20, 2021, clarified that after the expiry of lock-in period of 5 years, IDFC can exit as the promoter of IDFC FIRST Bank.
The above information is a part of company’s filings submitted to BSE.