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


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.

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