Saturday, March 31, 2018

Canara Bank calls off divestment plan in Can Fin Homes

Canara was looking to divest 30 per cent stake in the home mortgage arm and had mandated at least five investment banks, including Jefferies, ICICI Securities, EY and JM Financial to find a potential buyer. At Wednesday's closing price, Canara Bank's 30 per cent in Can Fin Homes amounted to Rs ...

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