Canara Bank to hold 51% in Can Fin Homes

Canara Bank to hold 51% in Can Fin Homes
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First Published: Mon, Aug 27 2007. 10 02 AM IST
Updated: Mon, Aug 27 2007. 10 02 AM IST
Mumbai, 27 Aug State-run Canara Bank said today its board has approved the acquisition of shares to hold 51% stake in Can Fin Homes Ltd through the process of open offer.
Approvals have also been obtained from the Reserve Bank of India and the Ministry of Finance, it said in a statement.
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First Published: Mon, Aug 27 2007. 10 02 AM IST