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LIC raises stake in Central Bank of India — India Verified

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LIC raises stake in Central Bank of India

Business26 May 2026 at 08:57 amQuick read

LIC raises stake in Central Bank of India

Credibility score80 / 100

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2sources verified

LIC acquired shares, increasing its stake. The government's offer for sale was oversubscribed. Institutional investors participated significantly.

AI Credibility Analysis

The score falls in the 70-89 band as it is based on 2 named sources, including Mint Markets and Economic Times Markets, with some specific data and details about the stake acquisition and offer for sale.

Original Sources

Mint
The Economic Times

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LIC raises stake in Central Bank of India

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