Newest Indian Bank Plans $11.7 Billion Merger to Meet RBI Rules
The Prabhadevi Branch of Bandhan Bank. (Photographer: Anirudh Saligrama/BloombergQuint)

Newest Indian Bank Plans $11.7 Billion Merger to Meet RBI Rules

(Bloomberg) -- Bandhan Bank Ltd., India’s newest lender, will combine with mortgage financier Gruh Finance Ltd. in a $11.7 billion deal, bringing the bank closer to meeting shareholding rules and h...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.