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An update from Central Bank of India ( (IN:CENTRALBK) ) is now available.
Central Bank of India has concluded a Qualified Institutions Placement (QIP) of equity shares, raising funds by issuing 37,04,61,842 shares at a price of ₹40.49 each to qualified institutional buyers. This strategic move aims to strengthen the bank’s capital base, potentially enhancing its market position and operational capabilities.
More about Central Bank of India
Central Bank of India is a prominent financial institution in India, operating in the banking industry. It offers a range of financial services including retail banking, corporate banking, and treasury operations, with a focus on serving both individual and institutional clients across the country.
YTD Price Performance: -19.75%
Average Trading Volume: 460,084
Current Market Cap: 374.2B INR
For an in-depth examination of CENTRALBK stock, go to TipRanks’ Stock Analysis page.