RBI allows foreign investors to up stake in Bharat Financial
The aggregate foreign shareholding by FPIs under Portfolio Investment Scheme in Bharat Financial Inclusion Limited has gone below the prescribed threshold caution limit.
Dec 06, 2017, 14:29 PM IST
Bharat Financial Inclusion shares gain over 4%; IndusInd Bank slips
IndusInd Bank on Saturday said it will acquire country's second largest microfinance player Bharat Financial Inclusion Ltd (BFIL) and the transaction is expected to be completed in the next 10 months.
Oct 16, 2017, 12:53 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
