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Generali announces Central Bank of India as its new joint venture partner in India

· Issued by Central Bank of India

Shareholder structure will remain unchanged with Generali holding a 74% stake and the Central Bank of India holding up to 26%.

Milan - Generali today announces Central Bank of India (CBI) as its new joint venture (JV) partner in the country. CBI is one of the oldest public sector Indian banks, established in 1911, with a market capitalisation of ?461 billion (EUR5.1 billion) and a distribution network of over 4,500 branches serving more than 80 million customers.

The partnership with CBI will enhance Generali'30 June 2025/

(C) 2025 Electronic News Publishing, source ENP Newswire

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