Central Bank & Future Generali Life Deal

  Published 1 year ago

Central Bank of India has taken a 25.18% equity stake in Future Generali India Life Insurance Company (FGILICL). This acquisition follows approval via a Letter of Intent dated August 20th, 2024, under IBBI Regulation 29.

  • Central Bank gains significant insurance stake.
  • FGILICL welcomes new major shareholder.
  • Deal approved under IBBI regulations.

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