THE HINDU IndusInd Bank & BFI merger approved


  • National Company Law Tribunal (NCLT) approved the merger of IndusInd Bank with Bharat Financial Inclusion (BFIL).
  • The merger will be completed within 2-4 weeks.
  • Post-merger, BFIL will become a subsidiary of the Bank.
  • Bharat Financial Inclusion Limited BFIL is a non-banking finance company, licensed by the Reserve Bank of India.
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