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Central Bank's OFS draws 1.28x subscription
The government's offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall subscription of 1.28 times. Institutional investors showed significant participation. Retail investors also placed bids for shares. The government aimed to divest up to an 8% stake in the bank.
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economictimes.indiatimes.com
Timeline cronologica
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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…
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Central Bank's OFS draws 1.28x subscription
The government's offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall subscription of 1.28 times.…