Bank of Maharashtra

Bank of Maharashtra tops PSU lenders’ chart

It was followed by State Bank of India and Union Bank of India with 10.27 per cent and 9.66 per cent growth, respectively.

published on : 2nd June 2022

Steep fall in bad loan provision boosts BoM net 115% to Rs 355 crore

For the full year to March, the Pune-based lender saw its net profit rising two-fold to Rs 1,152 crore as against Rs 550 crore in FY21.

published on : 28th April 2022

RBI imposes Rs 1.12 crore penalty on Bank of Maharashtra 

The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers.

published on : 25th April 2022

SBI to buy entire share of three stakeholders in SBI Global Factors

The other three banking partners are SIDBI, Bank of Maharashtra and Union Bank of India.

published on : 29th March 2022

Bank of Maharashtra tops PSU lenders chart in terms of loan, saving deposit growth in Q2

Current account, savings account for BoM saw a 22 per cent rise, the highest among the public sector lenders, during the quarter.

published on : 15th November 2021

Bank of Maharashtra slashes lending rate by up to 0.1 per cent

Repo Linked Lending Rate (RLLR) has been reduced from 6.90 per cent to 6.80 per cent with effect from October 11, 2021, it said in a statement.

published on : 11th October 2021