Central Bank of India acquires Future’s stake in life, general insurance JVs with Generali for ₹508 crore

The acquisition of 24.91% shareholding in general insurer FGIICL for ₹451 crore and 25.18% in life insurer FGILICL for ₹57 crore marks the foray of the public sector lender into insurance

Jun 5, 2025 - 19:00
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Central Bank of India acquires Future’s stake in life, general insurance JVs with Generali for ₹508 crore
The acquisition of 24.91% shareholding in general insurer FGIICL for ₹451 crore and 25.18% in life insurer FGILICL for ₹57 crore marks the foray of the public sector lender into insurance

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