Central Bank of India Raises ₹15 Billion in Mega Share Allotment, Boosts Capital Base

Unknown Apr 02, 2026 1,000 Views

Central Bank of India Ltd has announced a significant capital raise through the allotment of 370.5 million shares at ₹40.49 per share, amounting to approximately ₹15 billion. This strategic move, approved by the bank's board on March 28, 2025, aims to strengthen the public sector lender's...