Nine out of 21 public sector banks reported losses in FY17
Nine of the 21 public sector banks, including IDBI Bank and Indian Overseas Bank, reported losses during 2016-17, the parliament was informed on Tuesday.
Jul 18, 2017, 15:28 PM IST
SBI Card to have more co-branding with other banks
SBI Card, a subsidiary of State Bank of India, would go for co-branding of credit cards with more other banks which do not have big back-office support, an official said.
Jul 07, 2016, 16:00 PM IST
Bank of Maharashtra to auction Rs 500-crore NPAs in Sept
State-owned Bank of Maharashtra is looking to sell stressed assets worth Rs 500 crore in an auction in September.
Aug 19, 2015, 18:13 PM IST
Bank of Maharashtra eyes Rs 4,000-cr fund raising
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.
Jul 26, 2015, 13:22 PM IST
Bank of Maharashtra, MUDRA seal pact to finance small business
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.
Jun 28, 2015, 17:23 PM IST
Bank of Maharashtra cuts base rate by 25 bps to 10%
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.
May 29, 2015, 17:31 PM IST
Bank of Maharashtra Q4 profit jumps two-fold to Rs 113cr
The scrip ended 1.74 percent up at Rs 37.90 on BSE.
May 14, 2015, 18:42 PM IST
RBI slaps Rs 4.5 crore penalty on Dena Bank, OBC, Bank of Maharashtra
RBI on Wednesday slappeds Rs 4.5 crore penalty on Dena Bank, OBC and Bank of Maharashtra for violation of KYC norms.
Apr 29, 2015, 20:07 PM IST
CBI registers two cases against AGM of Bank of Maharashtra
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.
Feb 11, 2015, 23:41 PM IST
Bank of Maharashtra raises Rs 1,000 crore from bonds
State-owned Bank of Maharashtra (BoM) Monday raised Rs 1,000 crore from bonds to funds business growth.
Jan 12, 2015, 19:38 PM IST
Bank of Maharashtra net soars 248% on higher margin, recoveries
State-run lender Bank of Maharashtra on Friday reported a 248 percent jump in net profit at Rs 162.91 crore in the September quarter on account of higher margin and improvement in cash recoveries.
Nov 07, 2014, 20:55 PM IST
Ashok Leyland ties up with Bank of Maharashtra for financing
Hinduja Group flagship company Ashok Leyland has signed a memorandum of understanding (MoU) with Bank of Maharashtra for financing of vehicles.
Oct 25, 2014, 14:47 PM IST
Bank of Maharashtra net plunges 56 pc; NPAs soar threefold
State-owned Bank of Maharashtra on Saturday reported a massive 56 percent drop in net profit at Rs 117.82 crore in the June quarter due to a steep threefold increase in non-performing assets.
Aug 03, 2014, 00:46 AM IST
BoM seeks Rs 1,000 cr from govt in FY15
The Bank of Maharashtra has sought Rs 1,000 crore capital infusion from the government and may hit the market next year to meet its fund requirement.
Jul 21, 2014, 17:15 PM IST
