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Central Bank of India board approves raising of capital

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Capital Market

By way of Preferential allotment

The Capital Raising Committee of Central Bank of India on 01st November 2016 has approved the raising of additional equity share capital by issuance and allotment of 1, 71, 44,954 equity shares of the face value of Rs 10 each at an issue price of Rs 91.45 per share to Life Insurance Corporation of India on preferential basis.

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First Published: Nov 02 2016 | 9:57 AM IST

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