Canara Bank will initiate the process of stake sale in part/full in Can Fin Homes (CFHL), as per the Disinvestment Policy of the Bank. The said permission is subject to disinvest at appropriate time depending on the market conditions and available options.
Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.