New Delhi, June 5 -- Central Bank of India acquires equity stake of 24.91% of Future Generali India Insurance Company Limited, the bank informed in an exchange filing on Thursday, June 5, 2025.

Through the latest acquisition, the Central Bank of India aims to venture into the insurance sector. The Competition Commission of India (CCI), Reserve Bank of India (RBI) and Insurance Regulatory and Development Authority of India (IRDAI) have given their approval, the bank said. The acquisition of shares was completed on Wednesday, June 4, 2025. The Central Bank of India bought 35,06,30,136 equity shares of Future Generali India Insurance Company for Rs.451 crore.

Future Generali India Insurance Company Limited, established in 2006 and based in...