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Tuesday, Jun 15, 2004

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Money & Banking - Financial Services


BOI Shareholding launches franking service

Shashi Ashiwal

Mr M. Venugopalan, Chairman, BOI Shareholding Ltd and Chairman & Managing Director, Bank of India, inaugurating the `Franking Service' in Mumbai on Monday. BoI Shareholding, the clearing house of BSE, is one of the first to receive the licence for franking of stamp duty for clearing members of BSE. BOISL plans to extend the facility for franking of property documents, agreements etc. over a period of time.

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