Centrum Capital is reportedly considering selling its stake in Centrum Housing Finance, its mortgage financing business. Centrum holds a 74% stake, while Morgan Stanley PE Asia holds around 25%. The potential sale is driven by RBI directives following Centrum’s acquisition of PMC Bank, which require Centrum to divest its majority stake in the housing finance business
Breakout Stocks: How to trade Biocon, RBL Bank & HDFC AMC that hit fresh 52-week high?
Indian market closed with a positive bias, as BSE Sensex and Nifty50 saw gains, led by auto, FMCG, realty, and IT sectors. Biocon, RBL Bank,