Canara Bank sells 13.45% stake in Can Fin Homes to Singapore's Caladium Investment
Indian state-run lender Canara Bank has sold a 13.45% stake in housing finance arm Can Fin Homes to Singapore-based Caladium Investment for Rs 754 crore ($113.12 million).
The divestment is seen as a part of the monetization process of non-core assets of Canara Bank, the company said in a statement to the exchanges. Representational Image. Image Source: Official Website