Life Insurance Corporation (LIC) increases stake in Central Bank of India to 6.06 per cent

Exam-focused facts from the 28 May 2026 current affairs briefing.

Key facts

LIC has raised its shareholding in Central Bank of India from 3.16 per cent to 6.06 per cent.
LIC acquired 26.26 crore shares, representing a 2.901 per cent stake, through a market purchase.
The transaction for the additional stake in the public sector lender was executed on 22 May 2026.
The total equity holding of LIC in the state-owned bank reached 6.06 per cent after the acquisition.
Shares of Central Bank of India closed at ₹31.29 on the Bombay Stock Exchange (BSE), representing a decrease of 0.03 per cent.