Announced
Completed
Financials
Tags
Acquisition
Completed
financial services
India
Private
Financial Data and Systems
Natural
Single Bidder
Synopsis
IndusInd Bank and Bharat Financial Inclusion, banking services providers have agreed to merge. “It is a matter of immense pleasure that Bharat Financial Inclusion Limited has taken today its first steps to be a part of a larger banking family. The transaction will bring immense benefits to Bharat Financial Inclusion’s vast customer base, staff and shareholders. I am particularly thankful to the staff and shareholders who have stood by the company through its turbulent days. I believe the merged entity will harness the immense potential that this underserved customer segment offers.” P.H. Ravikumar, Bharat Financial Inclusion Chairman.
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