Insurance #bancassurance#bnp
BNP Paribas Cardif Acquires 26% Stake in IndiaFirst Life via Bancassurance Route
BNP Paribas Cardif has entered into a definitive agreement to acquire approximately a 26% stake in IndiaFirst Life Insurance from Warburg Pincus, subject to regulatory approvals. The deal replicates the bancassurance model previously used by the French insurer with SBI Life, now partnering with Bank of Baroda and Union Bank of India.
Jul 27, 2026 1 source