Tag: Central

Central Bank of India to seek shareholders’ nod to set off accumulated loss of Rs 18,724 cr

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State-owned will seek shareholders’ approval in its ensuing annual general meeting (AGM) next month to set off accumulated loss of over Rs 18,724 crore from the share premium account of the bank. The next AGM is scheduled for August 10, 2021 through audio/video means. The bank said it will seek shareholders’ consent to set off…