VARIOUS FINANCIAL INSTITUTIONS PROMOTED BY UTI

Towards creating a diversified financial conglomerate and meeting investors varying needs under a common umbrella, UTI has set up a number of associate companies in the field of banking, securities trading, investor servicing, investment advice and training. With the objective of diversifying its activities, the trust has co-promoted the following financial institutions. 1. Credit Rating Information Services of India Ltd. (CRISIL) - It provides credit ratings for companies and financial instruments in the capital market. 2. Infrastructure Leasing and Financial Services Ltd. (ILFS) - It caters to the needs of developing infrastructural facilities and also provides merchant banking services. 3. Stock Holding Corporation of India Ltd. (SHCIL) It provides clearing house, safe custody and transfer register facilities to assist speedier transfer of securities. 4. Canfin Homes Ltd. It provides finance to individuals for construction and purchase of houses and flats, major renovation of existing houses and financing of public sector housing schemes. 5. Technology Development and Information Company of India Ltd. (TDICI) It provides capital, financial, techno-managerial guidance and information services to indigenous and high tech ventures. 6. Tourism Finance Corporation of India (TFCI) seeks to meet the rising financial needs of the tourism industry. 7. Over the Counter Exchange of India (OTCEI) to provide listing facility to new and small issues at low cost. 8. UTI Bank Limited With the objective of providing banking services to UTI and the Unit-holders and to enable customers to avail efficient and quality service that meet his specific needs, UTI became the first to launch the Bank named UTI Bank Ltd. In private sector after the deregulating in the banking sector which commenced its operations from April 2, 1994. It has its registered office at Ahmedabad and has 7 branches at present. The bank uses the latest information technology and telecommunications.

9. UTI Investor Services Limited (UTI ISL) The Trust has set up a subsidiary in 1993 for computer services named Unit Trust of India Investor Services Limited to provide speedier and efficient service to the unit-holder. The subsidiary is operating from the four metropolitan cities and its registered office is at Mumbai. UTI-ISL has since successfully handled 4 of UTIs schemes viz. Growing corpus and Growing Income Plan & Grihalakshmi, Monthly Income Plan 95 and would be handling more schemes in the coming years. 10. UTI Securities Exchange Ltd. (UTI, SEL) the trust has set up a subsidiary named UTI SEL to act as broking house in primary and secondary markets. This is a high tech company and offers fair, transparent and efficient services to suit investors requirements. Its registered office is at Mumbai.