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Canara Bank gets RBI nod for life insurance & MF stake divestment

Canara Bank gets RBI nod for life insurance & MF stake divestment

by AIP Online Bureau | Dec 5, 2024 | Banking & Bancassurance, Indian News, Life, Policy, Wealth Management/ Philanthropy

Reserve Bank of India on Thursday has accorded approval to our bank for divesting its shareholding in Canara Robeco Asset Management Company Ltd and Canara HSBC Life Insurance Company Ltd by 13 per cent and 14.5 per cent, respectively through Initial Public Offer...

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