Bank of India has officially released its Statement of Related Party Transactions for the second quarter and half-year ended September 30, 2026. This disclosure adheres to the requirements of Regulation 23 (9) of SEBI LODR Regulations, 2015, presenting consolidated transaction data in line with applicable accounting standards. The information is provided for stakeholder awareness.
Bank of India Releases Q2 FY27 Related Party Transactions
Bank of India has submitted its mandatory disclosure regarding related party transactions. The statement covers the financial period of the 2nd Quarter and Half-Year ended September 30, 2026. This disclosure is made in compliance with Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Consolidated Transaction Details
The enclosed statement provides a consolidated view of the related party transactions undertaken by the bank during the specified period. These transactions have been prepared in accordance with the applicable accounting standards. The bank has sent this statement to the relevant stock exchanges for public record and investor information.
The detailed breakdown of transactions includes various categories such as remuneration to key managerial personnel, joint ventures, and associates. Notable transactions include bank balances, investments, loans, and income/expenses with entities like Star Union Dai-ichi Life Insurance Company Limited and Indo Zambia Bank Limited. The document also clarifies that certain transactions with wholly owned subsidiaries and regional rural banks, which are state-controlled, have been exempted from disclosure as per AS 18.
Source: BSE
