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Canara Bank floats RFQ to sell 1% stake in NSDL

21 Dec 2017 Evaluate

Canara Bank has floated request for quotation (RFQ) to sell 4,00,000 equity shares of face value Rs 10 each of National Securities Depositories (NSDL) which is 1% of the total paid up equity share capital of NSDL. The Bank has set a floor price of Rs 805 per share. The last date for submission of bids is January 8, 2018, and the bids will be opened on the same day.

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.


Peers
Company Name CMP
State Bank Of India 959.00
PNB 112.00
Bank Of Baroda 232.35
Canara Bank 118.60
Union Bank Of India 168.10
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