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Central Bank ventures into insurance, buys stakes in Generali’s Indian life and general insurance JVs

Central Bank ventures into insurance, buys stakes in Generali’s Indian life and general insurance JVs

by AIP Online Bureau | Jun 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

Central bank acquired acquired equity stake of 24.91 per cent of Future Generali India Insurance Company for Rs 451 crore. It also bought a 25.18 per cent stake in Future Generali India Life Insurance for a cash consideration of Rs 57 crore as part of the insolvency...
Gold touches Rs 1 lakh per 10 grams for 1st time

Gold touches Rs 1 lakh per 10 grams for 1st time

by AIP Online Bureau | Apr 23, 2025 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

This demand has been driven by rising geopolitical tensions and ongoing global economic uncertainties. His recent comments and decisions, including imposing tariffs on Chinese goods and questioning the Fed’s policies, have added to market volatility New Delhi: Gold...

RBI approves Central Bank buying stakes of Generali group’s Indian companies

by AIP Online Bureau | Nov 24, 2024 | Banking & Bancassurance, Briefs, Life, Non-Life, Regulation

The Reserve Bank of India (RBI) has approved state owned Central Bank of India’s entry into the insurance business through a joint venture with Generali group under Future Generali India Insurance Company Ltd (FGIICL) and Future Generali India Life Insurance...

Global Economy: Rising shipping costs to push inflation

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management

Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight Shipping costs are rising as hundreds of container ships that typically transit the...

ANALYSIS-Time for central bank digital currencies to prove their worth

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management, Technology

“ECB is one of the biggest central banks, so if it comes up with answers to the privacy and cyber security issues and the ability to use it offline, it will be a very influential.”Josh Lipsky, who runs a global CBDC tracker at the Atlantic Council. A...
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