The media has been abuzz with the rumours of IndusInd Bank (IIB) and Bharat Financial Inclusion (BHAF) coming together. This isn’t the first marriage in the space. In the past, IDFC Bank had acquired Tamil Nadu-based Grama Vidiyal Microfinance and Kotak ... Money Control, 1 week 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 week 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, 1 month ago
Commencing its operations in the year 1994, IndusInd Bank (IIB) derives its name and inspiration from the Indus Valley Civilisation a culture described as one of the greatest in the ancient world combining a spirit of innovation with sound business and trade ...Business Line, 2 months ago
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