Bharat Financial Inclusion share price rallied 3 percent after its merger with private sector lender IndusInd Bank.
The deal is subject to approvals from the Reserve Bank of India, market regulator Securities and Exchange Board of India and Competition Commission of India among others.
IndusInd Bank share price declined 1.7 percent.
According to the deal, Bharat Financial shareholders will get 639 shares of the bank for every 1,000 held. The deal is likely to be completed in 9-10 months.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
The deal is subject to approvals from the Reserve Bank of India, market regulator Securities and Exchange Board of India and Competition Commission of India among others.
IndusInd Bank share price declined 1.7 percent.
According to the deal, Bharat Financial shareholders will get 639 shares of the bank for every 1,000 held. The deal is likely to be completed in 9-10 months.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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