In a reply to court two years back during the Dalmia episode, BCCI had clarified that it is a private company registered with British Colombia.
Since they do not represent India as a country, we can safely consider them as a Bunch of Monkeys headed by Mr.Pawar, who are after all the money made by the cricketers.
It is also an open secret, each player who wants to play for Ranji and BCCI has to bribe a lot of people and ends-up making endorsements to compensate himself.