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Canara HSBC Life Insurance IPO: Should Apply or Avoid?
Canara HSBC Life Insurance Co. IPO — Is it worth applying? The insurer backed by Canara Bank, HSBC & PNB is coming out with a 100% Offer for Sale — meaning all proceeds go to selling shareholders, not the company. Here’s a quick breakdown: Pros - Strong parentage: Canara Bank (India’s 4th largest PSU bank) & HSBC (2nd largest foreign ...
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