Central Bank of India has received approval from the Competition Commission of India to acquire additional equity in Generali Central Insurance Company Limited and Generali Central Life Insurance Company Limited. After the proposed acquisition, the bank’s shareholding in both entities will increase to 26 percent.

Central Bank Of India Gets CCI Approval To Raise Stake In Generali Insurance Ventures To 26%

Central Bank of India Secures Regulatory Clearance for Increased Stake in Insurance JVs

Central Bank of India has secured regulatory clearance from the Competition Commission of India for its planned increase in stake in two insurance joint ventures.

Key Details of the Regulatory Clearance:

The Competition Commission of India approved the proposed acquisition through a letter dated March 3, 2026.

Proposed Acquisition:

Central Bank of India plans to acquire an additional 1.09% equity in Generali Central Insurance Company Limited.
The bank also intends to acquire an additional 0.82% equity in Generali Central Life Insurance Company Limited as part of the proposed transaction.

Post-Acquisition Shareholding:

Following completion of the proposed acquisition, Central Bank of India’s shareholding in Generali Central Insurance Company Limited will increase from 24.91% to 26%.
Similarly, its stake in Generali Central Life Insurance Company Limited will rise from 25.18% to 26%.

Regulatory Filing:

The bank disclosed the development as part of its regulatory filing under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The disclosure also referenced the bank’s earlier intimation dated November 6, 2025, regarding the proposed acquisition.

The approval from the Competition Commission of India enables Central Bank of India to proceed with the planned increase in its stake in the two Generali insurance joint ventures.