HDFC Bank’s M-cap touches Rs 14 trillion for first-time ever
The market capitalization (market cap) of HDFC Bank topped the Rs 14 trillion mark for the first-time ever on Thursday.
State-run lender Canara Bank on Saturday said it has called off the divestment process of its entire stake in the housing finance company Can Fin Homes.
In a filing to the BSE, the bank said it has cancelled the process as the quotes it received were not in tune with the valuation it had arrived at.
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“Since the quote received is not in tune with the valuation, Canara Bank has decided to call-off the divestment process of its entire stake in Can Fin Homes, which was under process,” the BSE filing said.
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The bank currently holds around 30 per cent stake in the housing finance company.
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