May 23, 2026
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Central Bank of India

Central Bank of India Stake Sale Oversubscribed as Government Exercises Green Shoe Option

Central Bank of India Stake Sale Oversubscribed as Government Exercises Green Shoe Option

Business News Desk03 mins mins

Strong Investor Demand Signals Confidence in PSU Banking The Government of India’s Offer for Sale (OFS) in the Central Bank of India witnessed significant momentum on its opening day, May 22, 2026, reaching a subscription level of 2.35 times among non-retail investors. Driven by this robust institutional appetite, the Department of Investment and Public Asset…

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Central Bank of India OFS Sees Massive Investor Demand as Government Expands Stake Sale

Central Bank of India OFS Sees Massive Investor Demand as Government Expands Stake Sale

Business News Desk03 mins mins

Strong Investor Appetite Drives Central Bank Share Sale The Government of India witnessed robust investor demand during the first day of the Offer for Sale (OFS) of Central Bank of India shares, with the issue being subscribed 2.35 times as of Thursday. In response to the overwhelming interest from both retail and institutional investors, the…

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