bharat financial
Indusind Bank promoters to infuse Rs 2,700 cr via warrants
Our promoters will infuse Rs 2,700 crore to get their stake back to 15 pc, said bank's strategy head Sanjay Mallik.
RBI allows foreign investors to up stake in Bharat Financial
RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis.
IndusInd to buy Bharat Financial; merger to be over in 10 months
Shareholders will receive 639 shares of IndusInd for every 1,000 shares of the microfinance major.
IndusInd Bank approves acquisition of Bharat Financial
IndusInd Bank will exchange 639 of its shares for every 1,000 shares in Bharat Financial.
IndusInd Bank, Bharat Financial in merger talks
Bharat Financial is the first listed micro lender in India with 6.8 million customers and 1,408 branches employing 15,284 people.
IndusInd Bank, Bharat Financial enter into merger talks
The two financial firms had long been speculated to be interested in a deal that many predict could proceed as a share swap.