Match the following banks with their recent developments related to GIFT City’s IFSC Banking Units (IBUs): Which of the following is the correct matching?

• A. CTBC Bank (Taiwan): Taiwan’s largest private bank, present in India since 1996, has applied to set up an IBU in GIFT City, planning to occupy 3100 sq. ft. in Brigade Towers. → (5) • B. Taipei Fubon Bank: Another Taiwanese bank that has sought approvals for IBU in GIFT City. → (1) • C. Mashreq Bank (UAE): Has also sought IBU approvals. → (2) • D. First Abu Dhabi Bank: From UAE, among those that have received/processed approvals for IBU operations. → (4) • E. Standard Chartered & Axis Bank: These established players have expanded their office space in GIFT IFSC to tap into growing opportunities. → (3)