With reference to the news item appearing in a leading financial daily titled "Canara Bank in talks with Capital First, other NBFCs to buy more retail loans", Capital First Ltd has clarified to BSE that "Capital First Limited routinely undertakes funding in the form of borrowings from various banks and Mutual Funds, and does Direct Assignment or portfolio to various banks on an ongoing basis.Further, we would like to state that borrowing and assignment of loans on an ongoing basis is a normal business activity of an NBFC and the aforesaid information is not a price sensitive information."Source : BSE
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