In a statement filed in BSE filing, Central Bank of India has informed that it will be existing from its joint venture and selling his entire stake in the Centrum Housing Finance worth Rs. 160 crore. CBHFL is a financing and mortage company which is jointly promoted by four public sector institutions
- Central Bank of India
- National Housing Bank
- Undertaking of Unit Trust of India
- Housing and Urban Development Corporation
As of Sept 30, 2020 the assets of CHBFL was Rs.1,211.70 crore and total income is of Rs. 65.81 crore
