You are here: Home » News-CM » Companies » News
Business Standard

Bharat Financial Inclusion get RBI nod for amalgamation with IndusInd Bank

Capital Market 

On 13 March 2018

Bharat has received 'No Objection' from the vide letter dated 13 March 2018 for the voluntary amalgamation of Bharat with The amalgamation has received the approval of the on 09 December 2017.

The scheme remains subject to receipt of approval from the stock exchanges / SEBI, the National Company Law Tribunal, the respective shareholders and creditors of BFIL and the Bank and other applicable statutory and regulatory approvals.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 09:25 IST