India`s IndusInd Bank Ltd said on Saturday it has approved a deal to buy Bharat Financial Inclusion Ltd.
Under the deal, IndusInd will exchange 639 of its shares for every 1,000 shares in Bharat Financial, the bank said in a stock exchange filing after a board meeting.
IndusInd announced it had entered exclusive talks with Bharat Financial in September.
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Updated: Sat, Oct 14, 2017
03:37 PM IST
03:37 PM IST
Reuters