Bank of India acquires 49% stake from BSE in BOI Shareholding

Mumbai headquartered Bank of India (BOI) has acquired 49% stake from BSE Ltd in their joint venture BOI Shareholding Ltd for an undisclosed amount.

• BOI Shareholding Ltd was established in 1989 as an independent full-fledged clearing house of the exchange with the public lender having 51% stake.

Keys BOI:

• CEO – Vijayalakshmi R. Iyer
• Tagline – Relationships beyond Banking