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lic housing finance: FSIB selects IFCI MD as SIDBI head, Sanjay Shukla for NHB MD

The Financial Services Institutions Bureau (FSIB) has recommended Manoj Mittal as the Chairman and Managing Director of Small Industries Development Bank of India (SIDBI) and Sanjay Shukla as the Managing Director of National Housing Bank (NHB). Mittal will replace S Ramann, who joined SIDBI in April 2021. FSIB interviewed 21 candidates and recommended Mittal for the position. ....

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Centrum Capital explores sale of its stake in housing finance business, ET RealEstate

Mumbai-headquartered Centrum group holds a 74% stake in Centrum Housing Finance. Private equity investor Morgan Stanley PE Asia holds around 25%, having invested ₹190 crore in the business in 2020. ....

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Centrum Capital explores sale of its stake in housing finance business

Centrum Capital is reportedly considering selling its stake in Centrum Housing Finance, its mortgage financing business. Centrum holds a 74% stake, while Morgan Stanley PE Asia holds around 25%. The potential sale is driven by RBI directives following Centrum s acquisition of PMC Bank, which require Centrum to divest its majority stake in the housing finance business ....

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