State-Owned Lender’s Shares Soar 15% on Exiting RBI’s Strict PCA Framework

By Malvika Gurung Investing.com — Shares of the state-owned lender Central Bank of India (NS:) jumped 8.35% at the time of writing, after soaring over 15% to Rs 23.4 apiece in early trade on Wednesday, nearing its 52-week high of Rs 25.15 apiece achieved on Sept 30, 2021. The banking stock shot up as the Reserve …

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