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<p>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</p>


Bank of Maharashtra Q3FY22 net profit more than doubles to Rs 325 cr

<p>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.</p>


Maharashtra Bank, MAS Financial Services enter co-lending pact for MSME borrowers

<p>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.</p>


Bank of Maharashtra net profit jumps 103% to Rs 264 crore in Sept quarter 

<h2>Honda Cars India Ltd (HCIL) on Tuesday said it has tied up with Bank of Maharashtra to offer vehicle financing schemes for potential car buyers.</h2>


Honda Cars partners Bank of Maharashtra for vehicle financing solutions

<h2>State-owned Bank of Maharashtra on Thursday posted over two-fold jump in its consolidated net profit at Rs 264 crore in the second quarter ended September.</h2>

<p>&nbsp;</p>


Bank of Maharashtra net profit jumps over two-fold at Rs 264 crore in September quarter

<h2>Homegrown auto major Tata Motors on Monday said it has partnered with Bank of Maharashtra to offer retail financing scheme for its passenger vehicles.</h2>


Tata Motors partners with Bank of Maha for passenger vehicle retail financing scheme

<h2>Under the partnership, Bank of Maharashtra’s Mahabank Channel Financing scheme will provide comprehensive financing opportunities for MSIL’s dealer partners across the nation.</h2>


Maruti Suzuki dealer partners ALERT! Bank of Maharashtra join hands with automobile giant to offer THESE benefits

<h2>Domestic equity markets were trading in green in Tuesday’s noon deals. At 1:08 pm, the S&amp;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.</h2>


Maharashtra Bank, Indian Overseas Bank, Andhra Petro to Adani Ports - here are top Buzzing Stocks today 

<p>State-owned Bank of Maharashtra has reduced its repo linked lending rate (RLLR) by 15 basis points to 6.90 per cent</p>


Bank of Maharashtra cuts repo-linked lending rate by 15 bps

<p>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</p>


Bank of Maharashtra waives processing fee for retail loans

<p>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.&nbsp;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.</p>


BoM, IOB slash MCLR by up to 10 bps

<h2><strong>Lockdown in India:</strong>&nbsp;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.&nbsp;</h2>


Lockdown in India: SBI, Indian Overseas Bank, Bank of Maharashtra cut lending rates

<p>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.</p>


This bank introduces new external benchmark based lending rate, cuts MCLR

<h2><strong>Sahyog COVID-19 Personal Loan:</strong> 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.</h2>


PNB, Bank of Baroda, others launch COVID-19 personal loans; should you go for them?

<p>Bank of Maharashtra&nbsp;announced a vacancy for&nbsp;total 46 posts, out of which 25 posts are for&nbsp;Law&nbsp;Officer Scale 2, 12 posts for Security Officer Scale 2,&nbsp;1 post for&nbsp;Fire Officer Scale 2,&nbsp;1 post for&nbsp;Manager Costing Scale 2, 1 post for&nbsp;Economist Scale 2,&nbsp;1 post for&nbsp;Economist Scale 4 and&nbsp;5 posts for&nbsp;Information System Auditor Scale 3 respectively.</p>


Good news! Work for Bank of Maharashtra, 48 Specialist Officer (SO) posts vacant, apply @ bankofmaharashtra.in

<p>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.&nbsp;</p>


Tragedy at Bank of Maharashtra! Huge ceiling slab falls in branch, one killed, 10 injured

<p>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.&nbsp;</p>


Home loans to get cheaper! Bank of Maharashtra slashes its MCLR rates

<p><br />
The bank has now cut their MCLR which is a benchmark for deciding lending rates on home loan, personal loan and vehicle loan.<br />
<br />
</p>


Bank of Maharashtra reduces MCLR by 5 bps - Does that mean your EMIs on home, personal, car loan to get cheaper? Find out! 

<p>In Fitch’s view, the authorities' approach to the banking sector has clearly shifted towards spurring lending in recent months.</p>


Government's bank recap drive not enough for PSBs, Fitch reveals massive amount needed

<p>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.</p>

<p>&nbsp;</p>


Loan rates fall! Bank of Maharashtra cuts lending rate by 5 bps - RBI repo rate cut impact

bank-of-maharashtra

Standalone net profit rises to Rs 1,779 crore; board declares Re 1 interim dividend, shares gain 1 per cent on NSE.

Bank of Maharashtra Q3FY26: Profit jumps 26.5%, advances and deposits post strong growth

This PSU bank may deliver big upside despite market sell-off — here’s why analysts prefer the stock

The Bank of Maharashtra OFS will be conducted over two days — December 2 for non-retail investors and December 3 for retail investors.

Bank of Maharashtra OFS: Retail window to open on Dec 3—Check floor price and other key details

Stocks to buy for long term: Several domestic brokerage firms have shared their latest stock recommendations from different sectors, including banking, beauty &amp; personal care, and information technology. They have suggested buying 5 largecap, 4 midcap and 1 smallcap stocks that can generate profits in the long term. Check out targets -

10 Stocks to buy for long term: Analysts recommend 5 largecap, 4 midcap, 1 smallcap scrips; Cholamandalam Bank of Maharashtra on the list

Upcoming Corporate Action: Several companies have recently announced interim dividends, stock splits, and board-level changes in compliance with SEBI regulations, with record dates set across early May 2025.

Bajaj Finance, CRISIL, Oberoi Realty & More: Companies roll out key corporate actions for coming week – Check details on ex-dividends, stock splits

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Bank Of Maharashtra

Bank of Maharashtra Q3FY22 net profit more than doubles to Rs 325 cr

Maharashtra Bank, MAS Financial Services enter co-lending pact for MSME borrowers

Bank of Maharashtra net profit jumps 103% to Rs 264 crore in Sept quarter

Honda Cars partners Bank of Maharashtra for vehicle financing solutions

Bank of Maharashtra net profit jumps over two-fold at Rs 264 crore in September quarter

Tata Motors partners with Bank of Maha for passenger vehicle retail financing scheme

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Top News

Dalal Street’s Power Shift: Domestic investors overtake FIIs in Nifty50

Trump takes credit for market gains, pushes tariffs despite court scrutiny

PSU Bank index hits record high as SBI Q3 surprise powers sector rally

SBI share price hits fresh 52-week high after Q3 results; brokerages see up to 14% upside — Check targets

33% Target Cut: Morgan Stanley turns cautious on Suzlon Energy; check reasons

Bomb Threat in Delhi Schools: These 14 schools received threatening emails, say Police