Reported 3 days ago
The Central Bank of India (CBI) has successfully acquired equity stakes in Future Generali India Life Insurance Company Limited and Future Generali India Insurance Company Limited, totaling significant investments of Rs570 million and Rs4.5 billion, respectively. These purchases were sanctioned by regulatory bodies following the Reserve Bank of India's approval for CBI to expand into the insurance sector in partnership with the Generali group.
Source: YAHOO