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IndusInd Bank incorporates wholly owned subsidiary company

10 Aug 2018 Evaluate

IndusInd Bank has incorporated a wholly owned subsidiary company namely, IndusInd Financial Inclusion’ (IFIL) on August 6, 2018, for the purposes of the Composite Scheme of Arrangement between IndusInd Bank, Bharat Financial Inclusion and WOS. The certificate of incorporation of IFIL, including PAN and TAN, was received on August 9, 2018.

IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.

Peers
Company Name CMP
HDFC Bank 716.40
ICICI Bank 1354.10
Axis Bank 1223.60
Kotak Mahindra Bank 413.85
Indusind Bank 959.00
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