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Canara Bank to sell stake in Small Industries Development Bank of India

Canara Bank has invited bids at a floor price of Rs 225 per share, according to the Request for the Proposal floated by the bank

Press Trust of India  |  New Delhi 

Canara Bank

State-owned said Monday it proposes to sell 1 crore shares in (SIDBI).

It has invited bids at a floor price of Rs 225 per share, according to the Request for the Proposal floated by the bank.

Besides, the bank also intends to sell 4 lakh shares in at a floor price of Rs 850 per unit.

The last date for submission of bids is February 18, it said.

First Published: Mon, January 21 2019. 20:30 IST
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