CNBC-TV18 reported that SBFC Finance s promoter group was looking to offload a 5.45 percent stake in the lender, planning to earn Rs 536.50 crore from the transaction.
SBFC Finance stands out as a rapidly expanding non-banking financial company (NBFC) with robust earnings growth and stable asset quality, said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart.