Global Business Operations Overview
Other Parameters
Domestic Subsidiaries and Joint Ventures
BOI⭑
As on 31.12.2023
S No
Name of the Company
1
BOI Merchant Bankers Ltd.
2
BOI Shareholding Ltd.
Bank of India Investment
3
Managers Pvt. Ltd.
Nature of Business
Subsidiaries - Domestic
Merchant Banking Company
Depository Participants activities
for NSDL & CDSL
Mutual Fund Managers Company
Book value
(in INR Crores)
Percentage
Holding
10.00
100.00
6.65
100.00
98.10
100.00
4
Bank of India Trustee Service Pvt. Ltd.
Trustee Service to Mutual Fund Co.
Associates - Domestic
0.01
100.00
UT
5
STCI Finance Ltd
6
ASREC (India) Ltd.
NBFC
Asset Reconstruction Company
130.10
29.96
27.60
26.02
Joint Venture - Domestic
7
Star Union Dai Ichi Life Ins. Co. Ltd.
Life Insurance Company
132.92
28.96
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