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Bank of Maharashtra News
Bank of Maharashtra
Bank of Maharashtra Q3FY23 result: Two-fold jump in profit - check key highlights
Mon, Jan 16, 2023
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.
Bank of Maharashtra hikes MCLR by up to 30 bps; home loan, auto loan EMIs to go up
Wed, Dec 14, 2022
Bank of Maharashtra MCLR, Home Loan Interest Rate: The overnight MCLR has been raised by 20 basis points from 7.30 per cent to 7.50 per cent.
Bank of Maharashtra tops list of public sector lenders in credit growth during July-September period - check details!
Sun, Nov 13, 2022
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 quarterly numbers of public sector banks (PSBs).
SBI, HDFC offer discounts on home loans interest rates
Mon, Oct 17, 2022
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), BoM said in a statement.
Bank of Maharashtra slashes home loan rate to 8% in festive offer
Sun, Oct 16, 2022
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), BoM said in a statement. The lender has already waived processing fee for its gold, home and car loans under the 'Diwali Dhamaka' offer.
Home loan, car loan EMIs set to become costlier as THIS govt-run bank increases interest rates by 0.20%
Mon, Oct 10, 2022
The hike has been effected in their benchmark rate linked to the repo rate, which was increased by half a percentage point to 5.9 per cent last month by the Reserve Bank of India.
IndusInd Bank, HDFC, shares gain up to 5% on account of provisional Q2 numbers
Tue, Oct 04, 2022
With second-quarter earnings for the financial year 2022-23 scheduled to kick-off next week, these financial companies released their Q2 update, registering growth.
Finance Ministry undertakes performance review of PSU banks; takes stock of financial inclusion drive
Tue, Aug 30, 2022
Managing directors and executive directors of all public sector banks who participated in the meeting were asked to focus on credit growth during the festive season, beginning in September
This bank tops list of PSU lenders in Q1 loan, deposit growth - Check list
Fri, Aug 12, 2022
With regard to deposit growth, BoM witnessed a 12.35 per cent growth and mobilised Rs 1,95,909 crore at the end of June 2022.
Monsoon Dhamaka! This bank waives entire processing charges on home loans, check latest interest rate
Fri, Jul 29, 2022
The bank is also facilitating hassle-free gold loans up to Rs 25 lakh at a 7.70 per cent rate with zero processing fees up to Rs 3 lakh, it added.
Bank of Maharashtra shares jump over 2% intraday post strong Q1 results
Tue, Jul 19, 2022
Bank of Maharashtra reported a more than two-fold jump in net profit to Rs 452 crore in the April-June quarter, helped by a healthy net interest income and improvement in asset quality.
Bank of Maharashtra shares jump over 2% after strong Q1 earnings
Tue, Jul 19, 2022
State-run Bank of Maharashtra on Monday reported a more than two-fold jump in net profit to Rs 452 crore in the April-June quarter, helped by a healthy net interest income and improvement in asset quality.
Q1 Results FY2023: Bank of Maharashtra, HeidelbergCement India declare Q1 results; here are key highlights
Mon, Jul 18, 2022
Bank of Maharashtra Q1 Results FY2023: State-run Bank of Maharashtra on Monday reported a more than two-fold jump in net profit to Rs 452 crore in the April-June quarter, helped by a healthy net interest income and improvement in asset quality
Bank of Maharashtra profit more than doubles to Rs 452 crore in Q1; stock jumps 5%
Mon, Jul 18, 2022
The net NPAs came down to 0.88 per cent (Rs 1,206.43 crore) from 2.22 per cent (Rs 2,352.75 crore).
Bank of Maharashtra Q4 Results: Check consolidated net profit and other key earning details
Thu, Apr 28, 2022
Bank of Maharashtra recorded a more than two-fold improvement in its consolidated net profit for the quarter ended March, to Rs 355 crore, supported by a decrease in bad loan proportions, which necessitated less provisioning.
RBI imposes Rs 1.12 crore penalty on this bank
Mon, Apr 25, 2022
RBI has fined Bank of Maharashtra Rs 1.12 crore for failing to follow various instructions, particularly those related to Know Your Customer (KYC) regulations.
This bank emerges as top performer among public sector lenders in terms of loans, savings deposit growth
Wed, Feb 09, 2022
The Pune-headquartered lender recorded a 22.9 per cent increase in gross advances at Rs 1,29,006 crore in the October-December period of 2021-22, as per the data published by the bank.
Bank of Maharashtra Q3FY22 net profit more than doubles to Rs 325 cr
Thu, Jan 20, 2022
State-owned Bank of Maharashtra (BoM) on Thursday reported an over two-fold increase in net profit at Rs 325 crore for the third quarter ended December 2021, helped by a decline in bad loans
Maharashtra Bank, MAS Financial Services enter co-lending pact for MSME borrowers
Tue, Dec 28, 2021
The bank has entered into a strategic co-lending partnership with MAS Financial Services to offer loans to MSME borrowers under priority sector, Bank of Maharashtra said on Tuesday.
Bank of Maharashtra net profit jumps 103% to Rs 264 crore in Sept quarter
Sun, Nov 21, 2021
The Bank of Maharashtra on Thursday reported a 103 per cent jump in its standalone net profit to Rs 264 crore in the September 2021 quarter, helped by healthy growth in net interest income.