Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1803)
1803.
Bharat Financial Inclusion Ltd. received a no-objection nod for its merger with which Bank?
YES Bank
IDBI Bank
Induslnd Bank
Federal Bank
Answer: Option
Explanation:
Bharat Financial has got the nod from multiple stock exchanges like NSE and BSE after SEBI's approval. This merger was proposed and drafted by the board of directors of both the companies on October 2017. IndusInd Bank would acquire BFIL through all stock deal. BFIL caters to the weaker section of society and has is present across 16 states covering 1 lakh villages.
Discussion:
1 comments Page 1 of 1.

Preeti Sharma said:   7 years ago
Nice, Thanks.

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