Bharat Financial Inclusion receives NCLT’s approval for Scheme of Arrangement
11th Jun 2019

National Company Law Tribunal (NCLT), Mumbai Bench has approved the Scheme of Arrangement amongst Bharat Financial inclusion, IndusInd Bank, IndusInd Financial Inclusion and their respective shareholders and creditors, on June 10, 2019.

Bharat Financial Inclusion (formerly known as SKS Microfinance) is a non-banking finance company (NBFC), regulated by the Reserve Bank of India. The company's mission is to provide financial services to the poor under the premise that providing financial services to poor borrowers helps to alleviate poverty.