Live Breaking News & Updates on சிஇஎன்டிஆர்யுவ்எம் வீட்டுவசதி
Stay updated with breaking news from சிஇஎன்டிஆர்யுவ்எம் வீட்டுவசதி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
State-owned Central Bank of India will exit housing finance joint venture by selling its entire stake of over 64 per cent to Centrum Housing Finance for Rs 160 crore. This is to inform that the bank has entered into a binding agreement to divest its entire equity stake of 64.40 per cent i.e. 1,61,00,000 shares of face value of Rs 10 each in Cent Bank Home Finance Ltd (CBHFL), to Centrum Housing Finance, subject to approvals from regulatory authorities, Central Bank of India said in a BSE filing. According to a separate filing by Centrum Capital, the parent of Centrum Housing, the cost of acquisition is about Rs 160 crore on cash basis. ....
Central Bank of India to exit housing finance business; to sell JV stake for Rs 160 crore SECTIONS Central Bank of India to exit housing finance business; to sell JV stake for Rs 160 crorePTI Last Updated: Dec 24, 2020, 08:06 PM IST Share Synopsis CBHFL is a financing and mortgage company jointly promoted by four public sector institutions Central Bank of India, National Housing Bank, Specified Undertaking of Unit Trust of India (SUTTI) and Housing and Urban Development Corporation (HUDCO). Agencies NEW DELHI: State-owned Central Bank of India will exit housing finance joint venture by selling its entire stake of over 64 per cent to Centrum Housing Finance for Rs 160 crore. ....
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 regulatory authorities,” Central Bank of India said. ....