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Bank of Maharashtra News
Bank of Maharashtra
Maruti Suzuki dealer partners ALERT! Bank of Maharashtra join hands with automobile giant to offer THESE benefits
Mon, Jul 19, 2021
Under the partnership, Bank of Maharashtra’s Mahabank Channel Financing scheme will provide comprehensive financing opportunities for MSIL’s dealer partners across the nation.
Maharashtra Bank, Indian Overseas Bank, Andhra Petro to Adani Ports - here are top Buzzing Stocks today
Tue, Apr 13, 2021
Domestic equity markets were trading in green in Tuesday’s noon deals. At 1:08 pm, the S&P BSE Sensex was trading 103.58 points or 0.22% up at 47,986.96, while the Nifty 50 index was trading 26.25 points or 0.18% higher at 14,337.05.
Bank of Maharashtra cuts repo-linked lending rate by 15 bps
Mon, Nov 09, 2020
State-owned Bank of Maharashtra has reduced its repo linked lending rate (RLLR) by 15 basis points to 6.90 per cent
Bank of Maharashtra waives processing fee for retail loans
Thu, Oct 01, 2020
State-owned Bank of Maharashtra (BoM) on Wednesday said it has waived processing fee for housing, gold and car loan as part of festive season offer
BoM, IOB slash MCLR by up to 10 bps
Tue, Sep 08, 2020
Bank of Maharashtra has reduced its one-year and six-month MCLR to 7.30 per cent (from 7.40 per cent) and 7.25 per cent (from 7.30 per cent) respectively, it said in a release. For overnight, one-month and three-month tenors, the Pune-based lender's MCLRs have been revised to 6.80 per cent, 7 per cent and 7.20 per cent respectively.
Lockdown in India: SBI, Indian Overseas Bank, Bank of Maharashtra cut lending rates
Fri, May 08, 2020
Lockdown in India: In the wake of COVID-19 lockdown in India hitting people's monthly budget to a larger extent, State Bank of India (SBI), Indian Overseas Bank (IOB) and Bank of Maharashtra have cut down their lending rates.
This bank introduces new external benchmark based lending rate, cuts MCLR
Wed, May 06, 2020
The Pune-based bank further announced reduction in its marginal cost of funds based lending rates (MCLR) across all tenors by 10 basis points from Thursday.
PNB, Bank of Baroda, others launch COVID-19 personal loans; should you go for them?
Thu, Apr 23, 2020
Sahyog COVID-19 Personal Loan: People may be facing a money crisis during the lockdown period as they are not being able to go to their work and they may have exhausted their savings bank account.
Good news! Work for Bank of Maharashtra, 48 Specialist Officer (SO) posts vacant, apply @ bankofmaharashtra.in
Fri, Aug 09, 2019
Bank of Maharashtra announced a vacancy for total 46 posts, out of which 25 posts are for Law Officer Scale 2, 12 posts for Security Officer Scale 2, 1 post for Fire Officer Scale 2, 1 post for Manager Costing Scale 2, 1 post for Economist Scale 2, 1 post for Economist Scale 4 and 5 posts for Information System Auditor Scale 3 respectively.
Tragedy at Bank of Maharashtra! Huge ceiling slab falls in branch, one killed, 10 injured
Wed, Jul 31, 2019
Bank of Maharashtra latest news: In a fatal incident of a ceiling slab in a bank branch falling in the district of Solapur in Maharashtra one person was killed and 10 got injured.
Home loans to get cheaper! Bank of Maharashtra slashes its MCLR rates
Fri, Jun 07, 2019
The MCLR is a factor by which a particular bank curates the interest rates that are levied on various loans that they offer their customers.
Bank of Maharashtra reduces MCLR by 5 bps - Does that mean your EMIs on home, personal, car loan to get cheaper? Find out!
Fri, Apr 05, 2019
The bank has now cut their MCLR which is a benchmark for deciding lending rates on home loan, personal loan and vehicle loan.
Government's bank recap drive not enough for PSBs, Fitch reveals massive amount needed
Wed, Feb 27, 2019
In Fitch’s view, the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.
Loan rates fall! Bank of Maharashtra cuts lending rate by 5 bps - RBI repo rate cut impact
Thu, Feb 07, 2019
Within hours of the RBI cutting its key rates by 25 bps, state-run Bank of Maharashtra, which is under the PCA framework, Thursday announced a 0.05 percent cut in its marginal cost of funds based lending rate.
Exit of BoI, BoM, OBC credit positive: Moody's
Thu, Feb 07, 2019
"The capital injections helped the banks significantly increase their loan loss coverage and reduced their net NPL ratios below the trigger point for PCA inclusion," Moody's said.
Ahead of Budget 2019, good news! 3 banks, Bank of India, Bank of Maharashtra, Oriental Bank of Commerce, taken out of RBI's PCA framework
Fri, Feb 01, 2019
"In the case of Oriental Bank of Commerce, though the net NPA was 7.15 per cent, as per the published results of third quarter, the government has since infused sufficient capital and bank has brought the net NPA to less than 6 per cent."
Fast Money: These 20 shares will help you earn more today, Jan 02nd, 2019
Wed, Jan 02, 2019
In this segment of Zee Business know which shares will help you earn more today, Jan 02nd, 2019. Watch full video for more info.
Bank of Maharashtra appoints A S Rajeev as MD, CEO
Sun, Dec 02, 2018
Rajeev is having about three decades of professional experience in three Banks - Syndicate Bank, Vijaya Bank and Indian Bank.
Did RBI just impose Rs 10 mn penalty on your bank? Check now
Fri, Sep 07, 2018
These banks were blamed for contravention of instructions contained in Master Circular on Fraud – Classification and Reporting issued by RBI.
Mercator, Exide Industries among key stocks hogging limelight today
Thu, Jun 28, 2018
Automotive battery maker Exide Industries announced signing of a pact with Swiss-based firm Leclanche SA for setting up a joint venture company to build lithium-ion batteries and provide energy storage systems for India's electric vehicle market.