Central Bank of India acquires Generali Central Insurance Company

Central Bank of India agreed to acquire Generali Central Insurance Company. Reported deal value: Undisclosed. Status: Announced. Sector: Insurance. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-03-04. Figures and status may change as filings and press coverage update.

The Competition Commission of India on 03 March 2026 has approved the proposed combination related to acquisition of 1.09% additional equity in Generali Central Insurance Company and 0.82% additional equity in Generali Central Life Insurance Company by Central Bank of India .Upon completion of the proposed acquisition , the Bank shareholding in Generali Central Insurance Company and Generali Central Life Insurance Company will increase from the existing level of 24.91% and 25.18% respectively to 26%