Monday, 16 October 2017

MEGA MERGER BFIL-INDUSIND DONE DEALS

MERGER DETAILS:

Indusind MFI book crosses Rs 10,000 Cr

Distribution Network in 2,00,000 villages

639 Shs of IndusInd for 1,000 BFIL Shs

Induslnd Gets High Growth Rural Base

Indusind Warrant Allotment to Promotors

Benifts For Indusind 

Will Help meet priority sector norms

 Stronger presence in profitable biz

 MFI loans to form 7% of merged loan book

Could mobilize deposits from BFIL rural footprint

NBFC model has sociability challenges

To benefits from Indusinds strong liability base

Indusind may bring strong operational improvement







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