Financial Daily from THE HINDU group of publications
Wednesday, Jan 08, 2003
Financial Daily from THE HINDU group of publications Wednesday, Jan 08, 2003 |
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Housing Finance Money & Banking - Housing Finance Vysya Bank to sell housing arm stake Our Bureau
MUMBAI: The Board of Directors of Vysya Bank Ltd at its meeting held on Tuesday gave in-principle approval for the sale of its 85.91 per cent equity stake in its housing finance subsidiary, Vysya Bank Housing Finance Ltd (VBHF) to Dewan Housing Finance Corporation Ltd subject to regulatory approvals. VBHF has total assets of about Rs 200 crore, employs about 13 people and has offices in thirteen locations.
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