CESSATION OF UBS AG AS A BANKING COMPANY WITHIN MEANING OF SECTION 36A(2) OF BANKING REGULATION ACT, 1949

CIRCULAR DBR.NO.RET.BC.100/12.07.124A/2015-16, DATED 19-5-2016

We advise that the “UBS AG” has ceased to be a banking company within the meaning of the Banking Regulation Act, 1949 vide Notification DBR.IBD.No.7715/23.13.062/2015-16 dated January 12, 2016 and published in the Gazette of India (Part III-Section 4) dated February 27 – March 04, 2016.