Central Bank Of India

BSE: 532885 | NSE: CENTRALBK
Small Cap | Bank - Public
29.07
-0.02 (-0.07%)
< Home < Back

Central Bank of India secures approval from RBI to enter into insurance business

Date: 25-11-2024

The Reserve Bank of India (RBI) has approved Central Bank of India’s entry in the insurance business through a joint venture with Generali group under FGIICL and FGILICL, subject to continuous compliance of conditions stipulated by it and approval of IRDAI, the Sectoral Regulator.

Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.