#central-bank-of-india

LIC raises stake in Central Bank of India to over 6 % amid government OFS move

Retail players can skip Central Bank of India OFS, say analysts, cite margin and earnings concerns

Retail investors are being urged by market analysts to steer clear of the government's shares sale in Central Bank of India. The bank's current margin issues and uncertain future profitability raise red flags. Despite the attractive discount on the offer pric…

Central Bank of India shares tumble as government launches OFS

Central Bank of India shares fell sharply after the government initiated an 8% stake sale through an offer for sale at a floor price of Rs 31. Investors reacted despite the lender reporting strong annual profit growth and healthy expansion in advances.

Central Bank of India OFS: Govt to sell up to 8% stake in lender. Check key details

The Indian government is selling a stake in Central Bank of India. This offer for sale aims to raise over Rs 2,200 crore. The sale opens for institutional investors on May 22 and for retail investors on May 25. The government has set a floor price of Rs 31 pe…