Bank of America, last reported with a 1.18 percent stake in Sammaan Capital Limited, is no longer listed among the company's disclosed shareholders, indicating either a complete sale or a reduction to below the 1 percent reporting threshold.
A housing finance company regulated by the National Housing Bank, Sammaan Capital provides comprehensive lending solutions including home loans, loans against property, and corporate mortgage products. Established in 2005, the company also offers lease rental discounting and residential construction finance services to borrowers. It serves customers across India's residential and commercial real estate sectors through its diversified loan portfolio.
US-based global bank and one of the world's largest financial institutions (USD 3+ trillion balance sheet). India FPI activity covers proprietary positions, market-making and client flows in listed Indian equities through BofA Securities and Merrill Lynch entities.
