Bharat Financial Inclusion Ltd

IndusInd Bank-Bharat Fin merger to be effective from July 4

The National Company Law Tribunal on June 10, 2019, approved the Scheme of Arrangement among BFIL, IndusInd Bank and Induslnd Financial Inclusion and their respective shareholders and creditors.

Jun 20, 2019, 13:06 PM IST

IndusInd Bank to take over micro finance company Bharat Financial Inclusion

As per the merger terms, the shareholders of Bharat Financial will receive 639 shares of IndusInd for every 1,000 shares of Bharat Financial.

Oct 14, 2017, 17:29 PM IST

IndusInd, Bharat Financial enter into merger talks

If the merger fructifies, it will be the third deal for IndusInd Bank, after Deutsche Banks credit card portfolio in 2011 and RBS diamond financing book in 2015.

Sep 11, 2017, 11:32 AM IST