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Bank of Maharashtra to auction Rs 500-crore NPAs in Sept

Last Updated: Wednesday, August 19, 2015, 18:13

State-owned Bank of Maharashtra is looking to sell stressed assets worth Rs 500 crore in an auction in September.

Bank of Maharashtra eyes Rs 4,000-cr fund raising

Last Updated: Sunday, July 26, 2015, 13:22

State-owned Bank of Maharashtra is looking to raise Rs 4,000 crore during the next five years and 50 per cent of the fund is expected to come from the Centre.

Bank of Maharashtra, MUDRA seal pact to finance small business

Last Updated: Sunday, June 28, 2015, 17:23

Under the new scheme, there are three categories of loans, 'Shishu' (loan of up to Rs 50,000), 'Kishor' (loan above Rs 50,000 up to Rs 5 lakh) and 'Tarun' (above Rs 5 lakh and up to Rs 10 lakh), that will be sanctioned and disbursed by banks, it said.

Bank of Maharashtra cuts base rate by 25 bps to 10%

Last Updated: Friday, May 29, 2015, 17:31

State-run Bank of Maharashtra on Friday trimmed its base rate by 25 basis points to 10 percent, effective Monday, following its larger peers, which will bring down the cost of home, car and retail loans.

Bank of Maharashtra Q4 profit jumps two-fold to Rs 113cr

Last Updated: Thursday, May 14, 2015, 18:42

The scrip ended 1.74 percent up at Rs 37.90 on BSE.

RBI slaps Rs 4.5 crore penalty on Dena Bank, OBC, Bank of Maharashtra

Last Updated: Wednesday, April 29, 2015, 20:07

RBI on Wednesday slappeds Rs 4.5 crore penalty on Dena Bank, OBC and Bank of Maharashtra for violation of KYC norms.

CBI registers two cases against AGM of Bank of Maharashtra

Last Updated: Wednesday, February 11, 2015, 23:41

CBI has registered two separate cases against an Assistant General Manager of Bank of Maharashtra for allegedly causing a cumulative loss of nearly Rs 55 crore by extending credit against properties evaluated at highly inflated rates.

Bank of Maharashtra raises Rs 1,000 crore from bonds

Last Updated: Monday, January 12, 2015, 19:38

State-owned Bank of Maharashtra (BoM) Monday raised Rs 1,000 crore from bonds to funds business growth.

Bid to loot cash from ATM foiled in Thane; two arrested

Last Updated: Tuesday, December 31, 2013, 14:00

An attempt to loot cash from an ATM machine of Axis Bank in Manor here was foiled in the wee hours of Tuesday by a night patrol team, which swung into action after noticing some suspicious movement inside the unguarded kiosk, police said.

Bank of Maharashtra Q2 net profit slips 72% to Rs 47 cr

Last Updated: Tuesday, October 29, 2013, 19:09

It had posted net profit of Rs 166.01 crore for the same period of last fiscal, 2012-13.

Bank of Maharashtra Q2 profit up 66% at Rs 166 cr

Last Updated: Tuesday, October 23, 2012, 20:45

Bank of Maharashtra (BoM) Tuesday reported 66 percent rise in net profit at Rs 166.01 crore for the second quarter ended September.

Bank of Maharashtra Q1 profit up 15% at Rs 140 crore

Last Updated: Saturday, July 21, 2012, 20:36

State-owned Bank of Maharashtra (BoM) Saturday said it has posted a 15 percent rise in net profit at Rs 140.46 crore for the first quarter ended June 30, 2012, over the same period in the previous fiscal.