Business Standard

Board of Canara Bank approves divestment of non-core banking activities

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Capital Market

At meeting held on 20 November 2017

The Board of Directors of Canara Bank at its meeting held on 20 November 2017 has permitted the Bank to divest Bank's stake in part or in full in the following subsidiaries / associates -

Canara Robeco Assset Management Co., Mumbai
Canara Computer Services, Bangalore
Can Fin Homes

Accordingly, the Bank has empaneled investment bankers / merchant bankers for this purpose.

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First Published: Nov 21 2017 | 1:09 PM IST

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