IndusInd Bank clears deal to buy Bharat Financial Inclusion
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.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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