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- Important
- Financial Update
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Central Bank of India has announced a board meeting on the financial results for the quarter and half-year. The bank has entered into three key agreements following its acquisition of a 24.91% stake in Future Generali India Insurance Company Limited (FGIICL): a Shareholders Agreement with Generali Participations Netherlands N.V. and FGIICL to define roles and rights, a 10-year Trademark License Agreement granting Generali rights to use the bank’s trademarks, and a Distribution Agreement appointing the bank as corporate agent for FGIICL’s insurance business for six years.