Canara Bank pares its stake in debt resolution firm IDRCL to 5 percent
With the current round of preferential allotment by IDRCL, equity stake of Canara Bank has now reduced to 5 percent from previous holding of 14.90 percent, the bank said in a regulatory filing.
Canara Bank on Thursday said it has reduced its stake in India Debt Resolution Company Ltd (IDRCL) to 5 percent. Pic: Reuters