A recent press report said that Bank of Maharashtra has planned to further bring down its NPAs to 2 per cent this fiscal. The bank offers Term loan, home loan, overdrafts, Letters of Credit, Guarantees and many more such products under its credit basket Mr. A.S. Bhattacharya, Chairman and Managing Director, of the bank told… Read More »
A recent press report said that the Bank of Maharashtra has planned to open branches in North-Eastern States, where it does not have a presence. The bank already has 1,536 branches across the country and the bank has now planned to set up 70 branches in Tripura, Mizoram, Nagaland, Arunachal Pradesh and Andaman. Mr. Bhattacharya,… Read More »
Bank of Maharashtra has planned to focus more on farm lending. According to recent reports the bank has planned to grow its business by 22 per cent in the current financial year. It has decided to offer loan to retail, small and medium enterprises, agriculture and mid-sized corporate and grow low-cost current account and savings bank… Read More »
Bank of Maharashtra is a Public Sector Bank established in 1936 and nationalised in 1969. It has 1421 branches all over India and holds the distinction of having the largest network of branches by any Public sector bank in the state of Maharashtra.