19-03-2012, 02:43 PM
Central Bank of India
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Central Bank of India was established on 21 December 1911 by Sir Sorabji Pochkhanawala with Sir Pherozesha Mehta as Chairman and claims to have been the first commercial Indian bank completely owned and managed by Indians.
CHAIRMAN OF CENTRAL BANK :
MR.M.V TANKSALE has been appointed as the Chairman and Managing Director of state-run Central Bank of India From March 2009.
VALUES OF SHARES :
The Face Value of share of central bank of India is rs 10.00 and the market Value of share is rs 106.10
DIVIDEND
The Board of Directors of Central Bank of India at its meeting held on May 06, 2011, have recommended a final Dividend @ 25% on the Equity Share Capital(i.e. Rs. 2.50/- Per Equity Share of Rs. 10/- each) including an interim dividend @ 10% on Equity Share Capital(i.e. Rs. 1.00/- Per Equity Share of Rs. 10/- each) declared earlier by the Bank during the Financial Year 2010-11, subject to approval of Government of India and Shareholders.
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