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