Central Bank of India allots over 280 crore preferential shares to govt for capital infusion

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​​​The capital raising committee of the bank's board at a meeting held on May 29, 2021 allotted 280,53,76,972 equity shares at the issue price of Rs 17.11 per share to the government aggregating up to Rs 4,800 crore, the bank said in a BSE filing.

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