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IndusInd Bank to acquire IL&FS' brokerage business

Updated : June 26, 2018 08:34 PM IST

The city-based lender, which has recently got the final nod for a merger with microlender BFIL, has received the Reserve Bank go-ahead for acquiring IL&FS Securities Services
It had clocked revenues of Rs 324.5 crore in FY18 versus the previous fiscal's Rs 342.65 crore, and a post tax net of Rs 45 crore.
IndusInd Bank to acquire IL&FS' brokerage business
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