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Canara Bank intends to sell stake in SIDBI

22 Jan 2019 Evaluate

Canara Bank has proposed to sell 1 crore shares in Small Industries Development Bank of India (SIDBI), The bank has invited bids at a floor price of Rs 225 per share. The bank has also intends to sell 4 lakh shares in NSDL at a floor price of Rs 850 per unit.

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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