Canara Bank has invited Expression of interest (EOI) for sale of 37,500 Equity shares, representing 30% of paid-up share capital held by the Bank in Commonwealth Trust (India).
The investment committee of the bank has permitted to initiate the process of stake sale in full in Commonwealth Trust (India).
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.