India's IndusInd Bank acquires IL&FS Securities Services

India's IndusInd Bank acquires IL&FS Securities Services

Photo: Bloomberg

Private sector lender IndusInd Bank Ltd on Tuesday said that it has signed a share purchase agreement with Infrastructure Leasing and Financial Services Limited, (IL&FS) and other minority shareholders to acquire 100% of IL&FS Securities Services Limited, (ISSL), a subsidiary of IL&FS.

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