The Latest Breaking News from Bank of Maharashtra

Bank of Maharashtra, Canara Bank eye dollar debt issuance this month, bankers say

Canara Bank and Bank of Maharashtra will raise $500 million each through dollar bonds. These lenders will issue three-year or five-year papers under a concessional swap window. This move aims to lower the cost of hedging currency exchange rate risks. Bank of Maharashtra is making its debut issuance, while Canara…

The Economic Times · Sep 7

Widow gets husband’s provident fund and gratuity but loses family pension due to a paperwork mistake

Widow got husband’s provident fund and gratuity but no family pension due to this fatal paperwork mistake; Delhi HC order explained.

The Economic Times · Sep 2

Home loan interest rates start at 7%: Check banks offering lowest interest rates on Rs 30 lakh–Rs 75 lakh loans

Home loan interest rates vary based on credit score and other borrower factors. A good credit score is essential for securing a low home loan interest rate. Borrowers should compare banks to find the best home loan interest rates.

The Economic Times · Aug 20

Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spree

Eight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. State Bank of India led the hiring surge, accounting for nearly 67% of the new positions. This expansion occurs despite digitalization, indicating a continued reliance on human resources for growth…

The Economic Times · Jun 11

Bank of Maharashtra opens second zonal office in State

Bank of Maharashtra to set up 4 zonal offices & 250 new branches in next fiscal. MD & CEO A.S. Rajeev said bank has 43rd zonal office in Hubballi & 3 more in TN & MP by end of current fiscal. Bank's gross NPA 2.19%, Net NPA 0.23%. Hubballi zone…

The Hindu · Nov 22, 2023

Top stock performers with highest gains for investors

NEW DELHI: What stocks gained the most today? How do they compare with shares of companies that have given the highest return in the past one week, one month and one year?

The Times of India · Nov 21, 2022

Bank of Maharashtra tops list of PSU lenders in credit growth in Q2

NEW DELHI: Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan growth in percentage terms during second quarter of 2022-23.

The Times of India · Nov 13, 2022

HDFC Bank, Canara, BoM, Karur Vysya raise lending rates

NEW DELHI: HDFC Bank, Canara Bank, Bank of Maharashtra and Karur Vysya Bank on Monday said they have revised their lending rates based on marginal cost of funds and repo rate.

The Times of India · May 9, 2022