What type of legal entity is Biecco Lawrie Limited if it manufactures medium-voltage switchgears as a commercial activity on behalf of the Government of India?
Biecco Lawrie Biecco Lawrie Limited (BLL) is a Public Sector Undertaking under the Ministry of Petroleum and Natural Gas (PSU) of the Government of India and was established in 1919 as British India Electric Construction Company Limited. BLL manufactures medium-voltage switchgears and have separate turnkey project and Electrical Repair division and is headquartered in Kolkata, West Bengal.
Banking Codes and Standards Board of India The Banking Codes and Standards Board of India (BCSBI) is an independent banking industry watchdog that protects consumers of banking services in India. The board oversee compliance with the "Code of Bank's Commitment to Customers". It is not a compensation mechanism and looks into an individual complaint only to the extent it points to any systemic compliance failure. It is an independent and autonomous body, registered as a separate society under the Societies Registration Act, 1860 on February 18, 2006. The Reserve Bank of India extended financial support to the Board, meeting its expenses for the first five years.