Comments
Canara Bank has decided to call-off the divestment process of its entire stake in CanFin Homes Ltd (CFHL). Last year, the public sector bank had sought expression of interest of bidders/investors through duly appointed merchant bankers to purchase 3,99,30,365 equity shares of the face value of ₹2 each constituting 29.99 per cent of the paid-up capital held by the bank in CanFin Homes.
In 2018 also, Canara Bank decided to call of the divestment process of its entire stake in CFHL, which was then in progress, as the quote received was not in tune with the valuation. CanFin Homes has a pan India network of 132 branches, 20 affordable housing loan centres and 20 satellite offices. Our Bureau
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.