Central Bank Of India

BSE: 532885 | NSE: CENTRALBK
Small Cap | Bank - Public
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Central Bank of India cancels agreement to sell stake in housing finance subsidiary

Date: 01-04-2021

Central Bank of India has cancelled an agreement to sell its stake in housing finance subsidiary to Centrum. In December, the bank had entered into a binding agreement to divest its entire equity stake in Cent Bank Home Finance (CBHFL) to Centrum Housing Finance, subject to approval from regulatory authorities.

Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.