Central Bank of India Acquires Nearly 25% Stake in Future Generali India Insurance for ₹451 Crore

Central Bank buys stakes in Future Generali life, non-life ventures

It also bought a 25.18 per cent stake in Future Generali India Life Insurance Company Ltd (FGILICL) for a cash consideration of Rs 57 crore as part of the insolvency process.

Central Bank of India acquires nearly 25% stake in Future Generali India Insurance for ₹451 crore

Central Bank of India has acquired a 24.91% equity stake in Future Generali India Insurance Company Limited.

CBI Acquired 25.18% Stake in Future Generali India Life Insurance

In June 2025, Mumbai (Maharashtra) based Central Bank of India (CBI), leading Public Sector Bank, has completed acquisition of 25.18% equity stake in Mumbai based Future Generali India Life Insurance Company Limited (FGILICL)for a cash consideration of Rs.57 crore as part of the insolvency process. Also, the bank has acquired 24.91% stake in Mumbai (Maharashtra) […] The post CBI Acquired 25.18% Stake in Future Generali India Life Insurance appea…

Central Bank of India announces acquisition of 24.91% stake in Future Generali India Insurance Company Limited & 25.18% stake in Future Generali India Life Insurance Company Limited

Central Bank of India announces acquisition of 24.91% stake in Future Generali India Insurance Company Limited & 25.18% stake in Future Generali India Life Insurance Company Limited

Central Bank of India buys 24.91% stake in Future Generali for Rs 451 cr

State-owned Central Bank of India on Thursday said it has acquired a 24.91 per cent stake in Future Generali India for Rs 451 crore. Additionally, it acquired a 25.18 per cent stake in Future Generali India Life Insurance for Rs 57 crore, according to exchange filings.  The acquisition of shares was completed on 4 June 2025. The bank has received approval from the Competition Commission of India (CCI), Reserve Bank of India (RBI) and Insurance R…

Central Bank of India acquires 24.91% equity stake in Future Generali India Insurance

Central Bank of India acquired 24.91% equity stake in Future Generali India Insurance Company Limited (FGIICL) and 25.18% equity stake in Future Generali India Life Insurance Company Limited (FGILICL), marking the Bank’s strategic entry into both the life and general insurance sectors. Necessary approvals from the Reserve Bank of India (RBI), Insurance Regulatory and Development […] The post Central Bank of India acquires 24.91% equity stake in …