Canara Bank on Thursday said it has got Reserve Bank of India's approval for a proposal to divest the bank's stake in life insurance and mutual fund ventures. “Reserve Bank of India, vide its letter dated December 5, 2024, has accorded approval to our bank for divesting its shareholding in Canara Robeco Asset Management Company Limited and Canara HSBC Life …
Canara Bank said it has received Reserve Bank of India’s approval for a proposal to divest the bank’s stake in life insurance and mutual fund ventures. “Reserve Bank of India vide its letter dated 5th December 2024 has accorded approval to our bank for divesting its shareholding in Canara Robeco Asset Management Company Ltd and Canara HSBC Life Insurance Company …
