Central Bank of India said the setting off of accumulated loss would benefit the shareholders of the bank as their holding will yield better value. It will also enable the bank to explore opportunities to the benefit of the shareholders of the bank.source https://economictimes.indiatimes.com/industry/banking/finance/banking/central-bank-of-india-to-seek-shareholders-nod-to-set-off-accumulated-loss-of-rs-18724-cr/articleshow/84486470.cms
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