RBI sells entire stake in NHB, Nabard to govt for Rs 1,470 cr

26-04-2019

The Reserve Bank has sold its entire stakes of National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (Nabard) to government for Rs 1,450 crore and Rs 20 crore, respectively, making them fully government-owned now. With this divestment, the government now holds a 100% stake in both these financial institutions.

Read More : https://economictimes.indiatimes.com/news/economy/finance/rbi-sells-entire-stake-in-nhb-nabard-to-govt-for-rs-1470-cr/articleshow/69028957.cms

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