Canara HSBC Life Insurance Company Limited is a private sector life insurance provider in India, backed by Canara Bank, which is the fourth largest public sector bank in the country based on total ...

This is an offer for sale (OFS). The company will not get any proceeds from IPO. Under the OFS, Canara Bank, HSBC Insurance (Asia-Pacific) Holdings Limited, and Punjab National Bank will sell their ...

The issue consists of offer for sale of up to 23.75 crore equity shares including up to 13.77 crore shares by Canara Bank and 47.50 lakh equity shares by HSBC Insurance (Asia-Pacific) Holdings and ...

Canara HSBC Life Insurance, a joint venture between Canara Bank (51 per cent), HSBC Insurance (26 per cent), and Punjab National Bank (23 per cent), has also filed for an IPO via Offer for Sale, with ...

Canara HSBC Life Insurance Company is a joint venture promoted by India's state-owned Canara Bank, which owns a 51 per cent stake, and HSBC Group's HSBC Insurance (Asia Pacific) Holdings ...

The insurance firm, which manages more than 400 billion rupees ($4.7 billion) in assets, did not detail the size or timing of the IPO but said it will not issue fresh shares. Canara Bank will sell up ...

Canara HSBC Life Insurance Company is a joint venture promoted by Canara Bank, which owns a 51% stake, and HSBC Group's HSBC Insurance (Asia Pacific) Holdings, which holds 26%. The insurance firm ...

This includes participation from Canara Bank, HSBC Insurance (Asia-Pacific) Holdings, and Punjab National Bank as selling shareholders. The company, established in 2007, has grown significantly ...

This boosted investor sentiment on expectations of another rate cut by the Reserve Bank of India (RBI), which has trimmed the benchmark repo rate to 6% from 6.5% with two consecutive cuts of 25 ...

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