Bengaluru, May 27 -- This PSU Bank Stock, engaged in providing retail banking, corporate banking, treasury operations, agricultural finance, and digital banking services across India, is in focus after the Government Cuts Stake by 8 percent through Rs. 731 crore offer for sale (OFS).

With a market capitalization of Rs. 28,041.24 crore, the shares of Central Bank of India were currently trading at Rs. 30.98 per equity share, down nearly 0.19 percent from its previous day's close price of Rs. 31.04.

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The Government of India, acting through the Department of Financial Services, has reduced its shareholding in the company as part of the delisting process. Before the transaction, the promoter held around 89.27 percent equit...