RBI sells entire stake in NHB, Nabard to govt

The Reserve Bank has divested its entire stake in National Housing Bank (NHB) and the National Bank for Agriculture and Rural Development (Nabard) for Rs 1,450 crore and Rs 20 crore, respectively. The central bank sold stake in NHB on March 19, while it sold the stake in Nabard on February 26, the bank said in a statement on Wednesday.

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