Canara Bank (CANBK) — Offer Document

Canara Bank divested its stake in subsidiary Canara Robeco Asset Management Company Limited from 51% to 38% through an Initial Public Offer. Canara Robeco was listed on NSE and BSE on 16.10.2025. This subsidiary divestment reduces Canara Bank's ownership while allowing the asset management firm to access public capital markets independently.

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About Canara Bank (CANBK)

Financial Services · Banks · Listed on NSE

Market Cap: ₹1,16,167.83 Cr P/E: 6.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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