Baba Kalyani companies dispute Hikal disclosure to boursesBF Investment (BFIL) and Kalyani Investment Company (KICL) have accused Hikal of making "entirely inaccurate and misleading" disclosure to ...
14 Aug, 2023, 07.46 AM IST
Balu Forge Industries Q4 Results: Net profit grows 43% to over Rs 15 croreBalu Forge Industries Limited (BFIL) reported over 43 per cent jump in its consolidated net profit at Rs 15.24 crore in the March 2023 quar...
10 May, 2023, 12.12 PM IST
Homegrown Balu Forge Industries Limited gets major order in Middle East"BFIL is pleased to announce that it has secured a major trial order to supply Powertrain sub-assemblies to a tractor manufacturer based ou...
15 Mar, 2023, 09.46 PM IST
Hit from BFIL lapses likely to be Rs 13.5 cr, says IndusIndThe bank's stock rose more than 4% in Wednesday's trade ending at ₹875.45 a share. The matter relates to allegations of disbursal of micro ...
10 Mar, 2022, 06.38 AM IST
IndusInd Bank's internal investigation hints at procedural lapses by Bharat Financial InclusionDeloitte India, which is doing an external review on the matter, is likely to submit its report in a week’s time, two people familiar with ...
14 Feb, 2022, 11.59 PM IST
Bharat Financial Inclusion top officials resignTop executives of Bharat Financial Inclusion (BFIL), a fully-owned subsidiary of IndusInd Bank, have resigned from the company last week, t...
29 Nov, 2021, 01.42 PM IST
IndusInd won't release unit's executives Spandana says it's hiringSpandana Sphoorty had announced it was hiring Shalabh Saxena as managing director and chief executive, and Ashish Damani as chief financial...
24 Nov, 2021, 07.21 AM IST
IndusInd Bank, Spandana Sphoorty spar over top management appointmentsIndusInd said the announcement regarding the hire of CEO wasn't correct because Shalabh Saxena hasn't yet resigned from Bharat Financial In...
23 Nov, 2021, 11.47 AM IST
Buy IndusInd Bank, target price Rs 1420: ICICI SecuritiesIndusInd Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 92050.51 Crore).
08 Nov, 2021, 11.00 AM IST
Tech glitch led to disbursal of loans sans customer consent: IndusInd BankIn multiple emails to the Reserve Bank of India (RBI) and the IndusInd board in October, a whistleblower group comprising officials of the ...
08 Nov, 2021, 09.57 AM IST
Whistleblowers raise loan evergreening issue at IndusInd armThese alleged transactions to dress-up the books have damaged the micro-lending business built over the years and could even trigger politi...
05 Nov, 2021, 06.29 AM IST
Bharat Financial Inclusion Ltd ties up with the Maharashtra government to provide livestock careThe joint initiative 'Maha Pashudhan Sanjeevani' -- to be implemented under the Mukhyamantri Pashu Swasthya Yojana -- will also ensure all ...
18 Nov, 2020, 08.21 PM IST
IndusInd Bank-Bharat Financial merger to be effective from July 4In accordance with the scheme, Bharat Financial shareholders will get 639 shares of the bank for every 1,000 held.
19 Jun, 2019, 10.15 PM IST
Bharat Financial gets bourses' nod for merger with IndusIndCatering mainly to the economically weaker sections of the society.
05 Jun, 2018, 03.27 PM IST
CCI clears IndusInd-Bharat Financial mergerIndusInd Bank in October decided to acquire country's leading microfinance player Bharat Financial Inclusion Ltd (BFIL).
19 Dec, 2017, 11.09 PM IST
IndusInd-Bharat Fin merger to result in long-term synergiesBesides a premium over the current stock price, the merger is expected to improving return ratios.
16 Oct, 2017, 08.57 AM IST
BFIL may raise Rs 10,000 crore in FY17 to meet credit demandThe company aims to clock nearly 50 per cent growth in Profit After Tax (PAT) to Rs 450 crore this year against Rs 303 crore during the las...
06 Jul, 2016, 04.31 PM IST