Saturday, March 31, 2018

Canara Bank calls off plan to divest entire stake in Can Fin Homes

Investment banks namely Jefferies, ICICI Securities, EY and JM Financial were appointed by it for the divestment process. The net profit of Canara Bank plunged 61 percent to Rs 126 crore in the December quarter of FY18 due to higher non performing assets (NPAs) provisions and mark to market loss ...

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