Not Closing 9 Banks, Says RBI After Social Media Rumours
Just a day after the Reserve Bank of India (RBI) imposed withdrawal restrictions on Punjab & Maharashtra Co-operative Bank (PMC) for six months, the social...
Tag : Bank of Maharashtra
SBI Reduces Key Lending Rates, Home Loans to Get Cheaper
The development comes after Reserve Bank of India’s Monetary Policy Committee (MPC) delivered its fourth repo rate cut in a row. “SBI has affected the...
Bank Of Maharashtra To Auction Videocon Group’s Unity Appliances
Bank of Maharashtra took a move for the recovery of a loan worth Rs.153.77 crore by setting up the sale of moveable and immovable assets...
State Bank Of India (SBI) Announces Interest Rate Cut
The largest state-owned lender in the country, State Bank of India (SBI) has decided to cut interest rates by five basis points on its home...
Bank of Maharashtra's Net Loss Expands By 7 Times
The Bank of Maharashtra in its quarterly financial result reported an increase in net loss by seven fold during the December-end quarter. The state-owned bank...
Bank of Maharashtra’s Net Loss Expands By 7 Times
The Bank of Maharashtra in its quarterly financial result reported an increase in net loss by seven fold during the December-end quarter. The state-owned bank...
Government Infuses Rs 10,882 Crores In Four Public Sector Banks
The government, as part of their Rs 28,615 crores capital infusion plan for seven public sector banks, has pumped Rs 10,882 crores in four public...
Bank of Maharashtra to raise Rs.650 crore via preferential allotment
Bank of Maharashtra is going to raise equity capital of Rs.650 crore. The company has received approval from its board of director’s to raise equity...
Bank of Maharashtra, Corporation Bank reduces MCLR by up to 0.35%
The Bank of Maharashtra and Corporation Bank have reduced their MCLR rates in the range of 0.05 to 0.35 percent. It has said in a...
Bank of Maharashtra reduces lending rate by 0.2%
Bank of Maharashtra has cut its lending rate by up to 0.2 percent. It has said in a regulatory filing that the bank has reduced...