MoneyWorks4Me

Bank of India floats RFP for Sale of 29.96% stake in STCI Finance

07 Aug 2017 Evaluate

Bank of India has floated a Request for Proposal (RFP) for Sale of its 29.96% stake in its Associate Company i.e. STCI Finance.

In July, Life Insurance Corporation of India (LIC) bought an additional stake of over 3% in public sector Bank for about Rs 450.88 crore.

Bank Of India Share Price

142.75 -1.10 (-0.76%)
17-Aug-2026 10:13 View Price Chart
Peers
Company Name CMP
State Bank Of India 1055.80
PNB 116.25
Bank Of Baroda 245.30
Canara Bank 129.80
Union Bank Of India 185.75
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: