Bank of India532149RPT disclosure
Related party transaction statement for the quarter and half-year ended 30.09.2026
Periodic disclosure: statement of related party transactions for the quarter and half-year ended 30.09.2026, on a consolidated basis.
By ScoutQuest · · 1 min read
21,270.00 lakhInterest and other expenses with Star Union Dai-Ichi Life (Rs lakh
Commission / other income from Star Union Dai-Ichi Life (Rs lakh11,665.00 lakh
Bank balance with Star Union Dai-Ichi Life (Rs lakh8,816.00 lakh
Outstanding loans with Star Union Dai-Ichi Life (Rs lakh1,000.00 lakh
- Interest and other expenses with joint venture
- 21,270.00 lakh
- Commission / other income from joint venture
- 11,665.00 lakh
- Total value of transactions during the period
- (41,699.96) lakh
What was shared
- Statement of Related Party Transactions on a consolidated basis for the quarter and half-year ended 30.09.2026.
- All figures are stated in Rs lakh.
- The statement lists transactions with whole-time directors, a joint venture and an associate.
Who the counterparties are
- Star Union Dai-Ichi Life Insurance Company Limited — joint venture.
- Indo Zambia Bank Limited — associate.
- Five whole-time directors, including the Managing Director and CEO, appear as key managerial personnel.
Transactions with the joint venture (Rs lakh, value during the period)
- Interest and other expenses: 21,270.00
- Other income / commission income: 11,665.00
- Bank balance: 8,816.00
- Outstanding loans: 1,000.00
- Income receivable (other assets): 378.00
- Dividend received: 44.00
Transactions with the associate (Rs lakh)
- Investment: 4,758.73
- Bank balance: 1,934.87
- Dividend received: 1,578.98
- Interest and other expenses: 237.28
Remuneration to key managerial personnel (Rs lakh)
- Managing Director and CEO: 23.00
- Executive Directors: 26.13, 22.95, 24.13 and 24.19
Total
- The statement prints a total value of transactions during the reporting period of (41,699.96) lakh, shown in brackets as printed.
Scope note carried in the statement
- Transactions with wholly owned subsidiaries and regional rural banks, being state controlled, are not disclosed, citing Para 9 of AS-18.
- Transactions in the nature of banker-customer relationships are not disclosed, citing Para 5 of AS-18.
What it shows
- This is a periodic disclosure of dealings with related parties; the numbers indicate the scale of business with the bank's insurance joint venture and its associate, alongside remuneration paid to whole-time directors.
- Each line is stated as the value of the transaction during the reporting period, with opening and closing balances shown against the relevant rows.
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More numbers
- Total value of transactions during the reporting period (Rs lakh)(41,699.96) lakh
- Interest and other expenses with Star Union Dai-Ichi Life (Rs lakh)21,270.00 lakh
- Commission / other income from Star Union Dai-Ichi Life (Rs lakh)11,665.00 lakh
- Bank balance with Star Union Dai-Ichi Life (Rs lakh)8,816.00 lakh
- Investment in Indo Zambia Bank (Rs lakh)4,758.73 lakh
- Dividend received from Indo Zambia Bank (Rs lakh)1,578.98 lakh
- Outstanding loans with Star Union Dai-Ichi Life (Rs lakh)1,000.00 lakh
- Remuneration to Managing Director and CEO (Rs lakh)23.00 lakh
Source: BSE · 23 Oct 2026
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