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IndusInd Bank confirms deal talks with MFI Bharat Financial

IndusInd Bank confirms deal talks with MFI Bharat Financial

Friday, March 10, 2017, 11:12 AM

Mid-sized private lender IndusInd Bank said it is in talks with multiple entities for business expansion, including the widely speculated merger of Bharat Financial Inclusion. In the statement issued to bourses following media reports that IndusInd and BFI are likely to announce a merger in an all-stock deal, the bank said the management has been authorized to evaluate strategic opportunities for business expansion.
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