Our promoters will infuse Rs 2,700 crore to get their stake back to 15 pc, said bank's strategy head Sanjay Mallik.
23 Jun 2019 6:39 PM
RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis.
06 Dec 2017 1:39 PM
Shareholders will receive 639 shares of IndusInd for every 1,000 shares of the microfinance major.
14 Oct 2017 6:48 PM
IndusInd Bank will exchange 639 of its shares for every 1,000 shares in Bharat Financial.
14 Oct 2017 4:04 PM
Bharat Financial is the first listed micro lender in India with 6.8 million customers and 1,408 branches employing 15,284 people.
12 Sep 2017 12:34 AM
The two financial firms had long been speculated to be interested in a deal that many predict could proceed as a share swap.
11 Sep 2017 12:54 PM