Bharat Financial Inclusion IndusInd Bank

According to analysts at ICICI Securities, the Rs 8,800 crore-exposure to the telecom sector may cast shadow over the bank's asset quality.

Induslnd bank will acquire Bharat Financial Inclusion Ltd and the transaction is expected to be completed in next 10 months

Bharat Financial Inclusion hits a 52-week high of Rs 1,047, up 4.4%, while IndusInd Bank dipped 3% to Rs 1,700 on the BSE in intra-day trade.