Tag: Bank of Maharashtra
12 Results
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Bank fraud: CBI court awards varying jail terms to 10 accused
The court awarded seven years rigorous imprisonment to Sarath Babu Jelly and Suhas Kalyan Ramdasi, then officials of Bank of Maharashtra, Secunderabad Branch and slapped a fine of Rs 1,10,000 each on them, the CBI said on Wednesday.
November 23, 2022 -
Bank of Maharashtra tops PSU banks in terms of loan, deposit growth
Current Account Savings Account (CASA) for BoM saw 24.47 per cent rise, the highest among the public sector lenders, during the year.
June 11, 2021 -
UCO Bank cut MCLR by five basis points
State-run Bank of Maharashtra reduced its MCLR by up to 10 basis points for select tenors effective Monday.
September 10, 2020 -
Canara Bank, BoM slashes MCLRs by 10 and 20 bps
BoM has revised downwards its six months MCLR to 7.30 per cent from 7.50 per cent.
July 7, 2020 -
One dead, 10 hurt as ceiling of bank collapses in Maharashtra’s Solapur; 10 feared trapped
Some patients also fell down with the crashing slab as there was a small clinic on the upper floor of the ground-plus-storied structure.
July 31, 2019 -
20 feared trapped as roof of building housing bank collapses in Maharashtra’s Solapur
The incident comes barely two weeks after a residential building crumbled to the ground in the Dongri area of Maharashtra’s Mumbai killing at least 14 people.
July 31, 2019 -
Bank of Maharashtra awarded prestigious Skoch Award
Bank of Maharashtra is the first bank to receive this award in the field of Rajbhasha in the banking industry.
July 6, 2019 -
Bank Of Maharashtra closes 51 branches to cut costs
The senior official said on the condition of anonymity that these 51 branches had been merged with neighbouring branches.
October 3, 2018 -
After arrest, Bank Of Maharashtra CEO-MD removed
The 83-year-old bank is ranked among the leading PSBs in India.
June 29, 2018 -
Reliance Insurance signs pact with Bank of Maharashtra
Private life insurer Reliance Nippon Life Insurance Co Ltd on Monday said it has signed a comprehensive bancassurance agreement with rhw public sector Bank of Maharashtra. In a statement here, Reliance Nippon Life said: “This partnership is aimed at enhancing the bank’s customer proposition and positioning the bank as the most preferred financial services supermarket. …
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January 22, 2018 -
CBI arrests banker, Surat firm director in Rs. 836-crore scam
Loans were sanctioned allegedly without the consent of the beneficiaries.
July 21, 2017 -
RBI initiates PCA against Bank of Maharashtra
The Reserve Bank of India (RBI) has initiated "prompt corrective action" (PCA) on state-run lender Bank of Maharashtra in the view of its high non-performing assets (NPAs). "The RBI vide its letter dated 15 June has initiated PCA for Bank of Maharashtra in view of high net NPA," the bank said in a regulatory filing …
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June 18, 2017