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The Latest Breaking News from Bank of Maharashtra

ICICI Securities initiates coverage on 7 PSU banks with positive valuations

ICICI Securities commenced its analysis on seven public sector banks, giving most a Buy rating. They predict a strong return on equity for these institutions leading up to fiscal year twenty twenty-eight. Loan growth should remain vigorous, estimated at fourteen to fifteen percent each year. While asset quality is likely…

The Economic Times

HDFC Bank, Axis Bank collect highest penalties from customers for non-maintenance of minimum average balance; Bank of Baroda tops public sector bank list

HDFC Bank, Axis Bank, and Bank of Baroda collected the most penalties for low balances. Public sector banks collected these charges from FY 2021-22 to FY 2025-26. Private sector banks collected penalties from FY 2022-23 to FY 2025-26. Most public sector banks have now withdrawn these charges for savings accounts.…

The Economic Times

Over 1.80 lakh farmers in Chhatrapati Sambhajinagar eligible to get total loan waiver of Rs 1,632 cr

Over 1.80 lakh farmers in Chhatrapati Sambhajinagar are set to benefit from a Rs 1,632 crore loan waiver under a new state scheme. The Punyashlok Ahilyadevi Holkar Shetkari Karjmukti Yojana 2026 covers crop loans taken between April 2019 and March 2025, with waivers up to Rs 2 lakh per farmer.…

The Economic Times

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Highest 1-year FD rates: Where will Rs 5 lakh grow the most in just one year?

Seeking stable returns? Fixed deposits offer a low-risk avenue for your savings. For a Rs 5 lakh investment in a one-year FD, explore top rates from public sector banks, private banks and small finance bank.

The Economic Times

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

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

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

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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

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.

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