Monday, 3 July 2017
Sold 26 lakh shares in Care Ratings for Rs 431 cr: Rakesh Sharma, Canara Bank
As the RBI'S new diktat demands steep increase in NPA norms, Rakesh Sharma, MD & CEO, Canara Bank in an interview to ET NOW talks about stake sale in care ratings. ET NOW: Want to rest the case on the stake sale, 9% stake in Care Ratings was pegged at about 400 crores.
You can read more here: Sold 26 lakh shares in Care Ratings for Rs 431 cr: Rakesh Sharma, Canara Bank
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Life insurers earn more in Oct selling lesser policies
The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
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