Thursday, May 8, 2025

BANKING

Generali Group plans to inject capital into its Indian venture to expand operations, anticipating the increase in foreign direct investment in the insurance sector to 100%. While the specifics of the infusion are pending shareholder agreement finalization, Generali intends to maintain a 74% equity stake and collaborate with Central Bank, its new partner after the Future Group's insolvency proceedings.

from Banking/Finance-Industry-Economic Times https://ift.tt/fkKZNGL
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