Can fin homes govt or private company

Anyone please clarify me whether Can Fin Homes a govt or Private Company.


CanFin Homes Ltd., is a 100 % Subsidiary of Canara Bank. 

Canara Bank has been classified as " Public Sector Bank"

But, that DOES NOT MAKE CanFin Homes Ltd., a Government Company. 

It can be called as Nationalised Bank Promoted Company. 

It is neither 100% Government nor 100% Private Company. 


Can Fin Homes is not a Subsidiary of Canara Bank as bank is holding stake of only 30 % in Can Fin Homes Ltd. It is only a sponsored company

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