Centrum Capital’s material subsidiary -- Centrum Housing Finance (CHFL) has secured Reserve Bank of India’s (RBI) approval for proposed change in control and acquisition of the company’s stake in CHFL by Weaver Services, a new age Housing finance company.
Earlier, the company had signed an agreement to divest its full stake in CHFL, its Affordable Housing Finance Business to Weaver Services.
Centrum Capital is a well-respected Financial Services Group, with diversified fee businesses and a rapidly growing lending platform for institutions and individuals.