Interest earned by the bank grew to Rs 4,789 crore over Rs 3,457 crore in June 2022. Net interest income of the bank increased by 38.80 per cent to Rs 2,340 crore
On the PSB side, BoM was followed by the country's biggest lender State Bank of India (SBI) with net NPAs falling to 0.67 per cent and Bank of Baroda at 0.89 per cent at the end of March 2023
Axis Bank, Bank of Maharashtra and Indian Bank have hiked the interest rates on fixed deposits of select tenures. Know about the new rates.
Bank of Maharashtra (BoM) on Tuesday presented a dividend cheque of Rs 795.94 crore for the financial year 2022-23 to Finance Minister Nirmala Sitharaman
The Pune-based Bank of Maharashtra also recorded highest growth in profitability with bottomline growing almost 126 per cent to Rs 2,602 crore during the year
Interest income grew to Rs 4,495 crore during the period under review, from Rs 3,426 crore in the corresponding quarter a year ago
During the event, BoM signed a pact with SIDBI venture capital for proactive financing of startups
Transferring home loans from one bank to another might help you lower the interest rates on a mortgage. However, borrowers should consider a few things before...
UCO Bank, Union Bank of India and Indian Bank also recorded profit growth of over 100 per cent
The state-owned bank's net profit surged by 138.76 per cent and operating profit showed a growth of 35.94 per cent
The bank has initiated the process to meet the norms of Securities and Exchange Board of India (SEBI), BoM managing director A S Rajeev said while announcing...
The bank's total income increased to Rs 4,770 crore in the latest December quarter from Rs 3,893 crore in the year-ago period, BoM said in a regulatory filing
The outstanding credit was Rs 1.29 lakh crore at the end of December 31, 2021, BoM said in a regulatory filing
Loans were sanctioned to over 200 customers across Delhi, Noida and Chandigarh on December 27
The issue, including green shoe option of Rs 680 crore, was subscribed more than four times against base size of Rs 200 crore
The Pune-headquartered lender recorded 28.62 per cent increase in gross advances at Rs 1,48,216 crore at the end of September 2022, according to published...
Total income increased to Rs 4,317 crore during the quarter under review against Rs 4,039 crore in the year-ago period, BoM said in a regulatory filing.
The Pune-based lender has also slashed interest rate on personal loans to 8.9 per cent from the existing 11.35 per cent effective Monday (October 17, 2022),...
The Pune-headquartered lender recorded a 27.10 per cent increase in gross advances to Rs 1,40,561 crore at the end of June 2022, according to published...
Under 'Retail Bonanza-Monsoon Dhamaka' starting August 1, a slew of special offers for its retail customers is being launched amid the festive season
The Pune-based lender said there was an impact due to change in accounting policy, resulting in decrease in other income and net profit after tax by Rs 22.03...
The Central Bureau of Investigation (CBI) has filed a fresh FIR against fugitive diamantaire Mehul Choksi for allegedly duping a consortium of Rs. 55.27...
The bank has reviewed the marginal cost of funds-based lending rate (MCLR) with effect from July 11, 2022, Bank of Maharashtra said in a regulatory filing
After arrest, VK Ojha was on Monday produced before a local court which sent in him the police custody for one day.
