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Central Bank of India to exit housing finance Updated: Updated: PSB to sell stake in JV for ₹160 crore. Share Article PSB to sell stake in JV for ₹160 crore. State-owned Central Bank of India will exit its housing finance joint venture by selling its entire stake of more than 64% to Centrum Housing Finance for ₹160 crore. “This is to inform that the bank has entered into a binding agreement to divest its entire equity stake of 64.4% i.e. 1,61,00,000 shares of face value of ₹10 each in Cent Bank Home Finance Ltd (CBHFL), to Centrum Housing Finance, subject to approvals from regula...

Centrum Capital Ltd arm to acquire 64.40% stake in Cent Bank Home Finance Ltd Posted On: 2020-12-24 09:01:28 (Time Zone: Arizona, USA) Centrum Housing Finance Limited, a subsidiary of Centrum Capital limited has entered into a Share Purchase Agreement with Central Bank of India ("CBoI") for acquisition of CBoI's entire equity stake in Cent Bank Home Finance Limited ("CBHFL") constituting 64.40% (sixty four point fourty percent) of the share capital of CBHFL on a fully diluted basis, subject to the receipt of regulatory approvals first being obtained and compliance of applicable law. Cent...