IndusInd Bank and Bharat Financial Inclusion have agreed to merge.

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.