Canara Bank gets RBI nod to divest stake in Canara Robeco AMC, Canara HSBC Life Insurance via IPO

December 5, 2024

Banking regulator Reserve Bank of India (RBI) has given its nod to Canara Bank to divest its shareholding in Canara Robeco Asset Management Company Ltd and Canara HSBC Life Insurance Company by 13% and 14.5% respectively through Initial Public Offer (IPO).

More To Explore

Aditya Birla Sun Life Mutual Fund suspends fresh subscription in 3 international funds

Aditya Birla Sun Life Mutual Fund has suspended fresh subscriptions in three international funds from September 24, 2026, after briefly reopening them. Existing systematic transactions

September 26, 2026

Nifty logs 7th straight weekly losses for the first time in 6 years: Time to be fearful, or can bulls pull off a comeback?

Indian equities extended their losing streak to seven weeks as elevated crude prices, rising US Treasury yields, geopolitical uncertainty and FII outflows pressured sentiment. Next

September 26, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003