Exhibit 1.5

AMENDMENT TO MEMORANDUM OF ASSOCIATION

The shareholders of the Bank, by resolution passed at the 22^nd Annual General Meeting held on July 21, 2016, have approved the amendment to the Memorandum of Association of the Bank:

The clause V of the Memorandum of Association, as amended, is as under:

Clause V -

‘The Capital of the Company is Rs. 650,00,00,000 (Rupees Six Hundred and Fifty Crore Only) divided into 325,00,00,000 (Three Hundred and Twenty Five Crore) Equity Shares of Rs. 2/- (Rupees Two) each with a power to increase or reduce the share capital’.