Bank of Maharashtra profit soars; to dilute 5% stake The bank reported a 30% increase in net interest income to Rs 1,980 crore, which aided margin growth. 3 years agoJanuary 16, 2023
Bank of Maharashtra Q3 profit more than doubles to Rs 775 crore The Pune-based bank had posted a net profit of Rs 325 crore in the same quarter a year ago. 3 years agoJanuary 16, 2023
Bank of Maharashtra tops list of PSU lenders in credit growth in Q2 SBI’s total loans were about 17 times higher at Rs 25,47,390 crore as compared to Rs 1,48,216 crore of BoM… 3 years agoNovember 13, 2022
Home loan interest rate cut! Two banks offering cheaper loans than SBI and HDFC this festive season Amid rising interest rates, two lenders – Bank of India and Bank of Maharashtra – have slashed their home loan… 3 years agoOctober 19, 2022
Lower provisions, higher NII boost Bank of Maharashtra net profit NII grew 25.84% year-on-year to Rs 1,887 crore. Provisions and contingencies declined 38.22% to Rs 579 crore for the quarter… 3 years agoOctober 17, 2022
Bank of Maharashtra Q2 profit doubles to Rs 535 crore on higher interest income Talking about the financial performance, BoM managing director A S Rajeev said the increase in profit can be attributed to… 3 years agoOctober 17, 2022
Bank of Maharashtra slashes home loan rate to 8 pc in festive offer The lender has already waived processing fee for its gold, home and car loans under the ‘Diwali Dhamaka’ offer. 3 years agoOctober 16, 2022
Bank of Maharashtra raises lending rate by 20 bps; EMIs to become costlier The benchmark one-year MCLR will be 7.80 per cent from Monday, as against 7.60 per cent. 3 years agoOctober 10, 2022
Bank of Maharashtra mobilises Rs 710 cr via bonds The fund raised via Basel III compliant Additional Tier 1 (AT1) bonds of Rs 710 crore (including green shoe option… 3 years agoSeptember 7, 2022
Bank of Maharashtra tops list of PSU lenders in Q1 loan, deposit growth The Pune-headquartered lender recorded a 27.10 per cent increase in gross advances to Rs 1,40,561 crore at the end of… 3 years agoAugust 12, 2022
Bank of Maharashtra reports 117% increase in Q1 net profit The Pune-based bank also reported a near 9% increase in its pre-provisioning operating profit in Q1FY23, despite a decline in… 3 years agoJuly 18, 2022
BoB hikes MCLR, BoM cuts the same The move comes at the time when most banks have been increasing their MCLR after the Reserve Bank of India… 3 years agoJuly 11, 2022
HDFC Bank, Canara, BoM, Karur Vysya raise lending rates Several banks have hiked the repo linked lending rates following RBI’s out of turn hike in repo rate by 0.40… 3 years agoMay 9, 2022
NII growth, low provisioning boost Bank of Maharashtra profit The bank was able to report higher profit despite reduction in the profit on sale of investments. 4 years agoApril 28, 2022
Steep fall in bad loan provision boosts Bank of Maharashtra net 115% to Rs 355 crore For the full year to March, the Pune-based lender saw its net profit rising two-fold to Rs 1,152 crore as… 4 years agoApril 28, 2022
RBI imposes Rs 1.12 crore penalty on Bank of Maharashtra The penalty has been imposed for violation provisions related to KYC, creation of a Central Repository of Large Common Exposures… 4 years agoApril 25, 2022
Bank of Maharashtra to divest entire 4% stake in ISARC The bank’s 4 per cent stake, equivalent to 40,00,000 equity shares, will be sold at Rs 9.80 per share for… 4 years agoApril 7, 2022
Bank of Maharashtra’s advances grow 27% to Rs 1.36 lakh crore in FY22 Private-sector lender IDFC First Bank said its total deposits rose by 12.6 per cent to Rs 93,138 crore at the… 4 years agoApril 4, 2022
