Business
Canara Bank calls off divestment process in Can Fin Homes
Mumbai, March 31: State-run lender Canara Bank on Saturday said it has called off the divestment process of its entire stake in the housing finance company Can Fin Homes.
In a filing to the BSE, the bank said it has cancelled the process as the quotes it received were not in tune with the valuation it had arrived at.
"Since the quote received is not in tune with the valuation, Canara Bank has decided to call-off the divestment process of its entire stake in Can Fin Homes, which was under process," the BSE filing said.
The bank currently holds around 30 per cent stake in the housing finance company.
11 hours ago
Three Young Indian Women killed in a speeding car accident in South Carolina: PPM
21 hours ago
At the Footsteps of St. Thomas in Pakistan.
21 hours ago
IDF says more aid lorries reaching Gaza, UN confirms numbers are up
21 hours ago
Dozens of tornadoes wreak havoc in US
1 day ago
Annual AANHPI Heritage Month theme: "Bridging Histories, Shaping Our Future."
1 day ago
Summit on BioPharma and Healthcare at USAIC forges International Alliances
1 day ago
AI Policy and Innovation to be Guided by USIBC's New AI Task Force
1 day ago
The maiden piloted launch of Boeing's Starliner is scheduled for Sunita Williams.
1 day ago
Bipul Sinha, Indian American CEO, Leads Rubrik's Stock to 21% Jump in NYSE Debut
1 day ago
The Insurance Hall of Fame will induct Prem Watsa in 2024.
1 day ago
Take urgent action against drug menace: TTV Dhinakaran to TN govt
1 day ago
Dozens of tornadoes wreak havoc in US
1 day ago
'A lot has changed, from tech to my hair', Pichai on completing two decades in Google