CSB Bank Denies Knowledge of Fairfax Exit, IDBI Bank Bid News

CSB Bank Ltd has issued a clarification to the BSE regarding a news item published on www.economictimes.com on September 8, 2026. The news suggested Fairfax plans to exit IIFL Finance to fund a bid for IDBI Bank. CSB Bank categorically stated that it is unaware of the background or factual correctness of the news item. The bank confirmed it has no information regarding any negotiations, discussions, events, or developments mentioned in the report concerning itself. It also denied awareness of any unannounced information that could explain trading movements and stated no regulatory or legal proceedings are known.