Canara Bank in talks to sell majority stake in factoring business
Advertisement

Canara Bank in talks to sell majority stake in factoring business

By Swet Sarika

  • 27 Apr 2017
Premium
Canara Bank in talks to sell majority stake in factoring business
Credit: Thinkstock

State-run lender Canara Bank is in talks with multiple financial services companies and private equity firms to sell its majority stake in the factoring business, which is housed under Canbank Factors Ltd, multiple people aware of the development told VCCircle.Hyderabad-based investment bank Capital Fortunes confirmed that the company has hired ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News