The media has been abuzz with the rumours of IndusInd Bank (IIB) and Bharat Financial Inclusion (BHAF) coming together. This isnâ€™t the first marriage in the space. In the past, IDFC Bank had acquired Tamil Nadu-based Grama Vidiyal Microfinance and ... Money Control, 1 month ago
Macquarie also believes acquisition enhances the return on assets (RoA) profile of the bank and thus is a medium-term positive if executed well. However, this time, given the size of the book and signs of stress in the micro finance institution segment, ...Money Control, 1 month ago
Private Banks (PVB) reported a 9 per cent YoY decline in net profit due as the muted earnings performance of Axis Bank weighed-in. Public Sector Banks (PSB) like SBI, BOB and PNB, reported combined profit of Rs 3,070 crore in 3QFY17, as compared to a loss of ...The Financial Chronicle, 2 months ago
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