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Central Bank to raise Rs 200 crore via employee stock purchase plan NEW DELHI: State-claimed Central Bank of IndiaNSE - 0.55 % Friday said it will raise about Rs 200 crore by issuing shares to staff under the employee stock buy scheme. The directorate of the bank at their gathering hung on December 28, 2018 affirmed the proposition to raise capital by issuance of offers to representatives through Employee Stock Purchase Scheme (ESPS) to the extent of approximately Rs 200 crore, the moneylender said in an administrative documenting. The Committee of Directors will choose every single agent step, including assembling of additional normal general meeting of investors to pass the goals and assurance of valuing approach and rebate, Central Bank said. A week ago, Syndicate Bank had informed about raising up to Rs 500 crore by issuing 30 crore shares to its staff under the representative stock purchase scheme. Punjab National BankNSE 0.64 % said i

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Sensex falls over 200 points; PNB stock tanks 12-tone system  Benchmark indices opened sharply lower, following weak trend in world markets and uncertainty over formation of presidency in Mysore. At 10:24 AM, the bovine spongi form encephalitis Sensex was mercantilism at 35,315, down 229 points, whereas the Nifty 50 index was mercantilism at 10,718, down 83 points. On the sectoral front, real estate and IT square measure mercantilism within the inexperienced. The slap-up PSU Bank, FMCG, auto, metal and media index square measure down. In the broader market, the bovine spongiform encephalitis Midcap was lower by 0.89%, whereas the bovine  spongi form encephalitis Smallcap was down 0.67%. India bulls realty stock zoomed 5.5% earlier than committee meeting to contemplate share redemption proposal. Punjab National Bank's stock tanked 13 once the bank reportable internet loss of Rs 13,416.9cr, that was below estimates, as against Rs261.9cr reportable within the correspon

Market set to open on a negative note, Crude hits 31/2-year high SGX swell is presently trading with a negative bias down 35 points at 10,706. Indian equities might witness somewhat of commercialism pressure in today’s trade as crude hits recent 3 1/2-year high following North American country President Donald Trump call to drag out of a world nuclear agitate Persia, sparking considerations regarding international oil provides which might negatively have an effect on India’s business enterprise position. Eicher Motors, Federal Bank, Jindal Steel and Power and Jubilant Life Sciences area unit a number of the capitalization corporations set to announce their this autumn results later within the day. international market s Asian markets area unit mercantilism mixed, Nikkei is down 0.43%, droop Seng is up 0.15% whereas the Shanghai Composite is mercantilism 0.14% lower. North American country Markets: Stocks managed to shut on a flat note when at first mercantilism

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