Competition Commission approves Central Bank of India's acquisition of stakes in Future Generali India Insurance and Future Generali India Life Insurance.

The Competition Commission of India has approved Central Bank of India's acquisition of 24.91% in Future Generali India Insurance and 25.18% in Future Generali India Life Insurance. This move is part of a bid submitted under the Insolvency and Bankruptcy Code. Future Generali India Insurance offers various types of general insurance, while Future Generali India Life Insurance provides a range of life insurance products.

October 15, 2024
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