E-PaperBharat Financial Inclusion News
IndusInd Bank fixes 4 July as date for merger with Bharat Financial Inclusion
M R Rao, current CEO of BFIL, will become the CEO of IndusInd Financial InclusionAssets and liabilities of BFIL will be merged with IndusInd's balance sheet
1 min read19 Jun 2019IndusInd Bank Q1 results underscore its premium valuation
But why did IndusInd Bank share prices fall marginally after the Q1 results were announced?
1 min read11 Jul 2018Vikram Akula’s inside story of SKS Microfinance will remain untold
'Micro-Meltdown', written by SKS Microfinance founder Vikram Akula, once the poster boy of Indian microfinance, is a gripping tale of what it takes to build a world-class financial institution and how to destroy it
4 min read18 Jun 2018Deals Buzz: Yes Bank, EIB invest $400 million in wind, solar projects
In other news, CCI approves scheme of amalgamation between IndusInd Bank and Bharat Financial Inclusion
3 min read20 Dec 2017CCI clears IndusInd-Bharat Financial merger
The merger will be effected through an all-stock transaction of BFIL into IndusInd through a composite scheme of arrangement
1 min read19 Dec 2017RBI allows foreign investors to increase stake in Bharat Financial
The RBI has allowed foreign investors to raise their stake in micro finance lender Bharat Financial Inclusion as the applicable limit has gone below the threshold limit
1 min read6 Dec 2017Bharat Financial Inclusion Q2 profit dips 18% to Rs119 crore
Bharat Financial Inclusion's September quarter revenue rises 12% to Rs505 crore from Rs450 crore a year ago
1 min read28 Oct 2017The untold story behind IndusInd Bank-Bharat Financial merger
Bharat Financial's earlier avatar SKS's quest to become a bank started in right earnest from the day it realized that once small finance banks are in place, it would be difficult to successfully run the microfinance business
12 min read23 Oct 2017Opening bell: Asian markets rise; IndusInd Bank, IDFC, D-Mart, RIL in focus
Reliance Industries sells all its conventional oil and gas exploration blocks outside India, while IndusInd Bank's board approves merger with Bharat Financial Inclusion
1 min read16 Oct 2017Bharat Financial Inclusion gets its pound of flesh in merger with IndusInd Bank
Bharat Financial Inclusion's merger with IndusInd Bank is essentially a short cut exposure to a banking licence
1 min read16 Oct 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared