Canara Bank has got board approval to sell stakes in its asset management and housing finance units, either fully or partially, to augment resources and improve the capital base of the bank. The Bengaluru-based lender has hired investment bankers for the stake sales, it said in a stock exchange filing on Tuesday.
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in