Wed, Oct 16, 2024
SBI 444-day FD vs Bank of Maharashtra 777-day FD Calculator: The interest rate for general citizens in the SBI Amrit Vrishti scheme is 7.25 per cent. The special FD guaranteed return scheme is available till March 2025.
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Tue, Oct 15, 2024
Bank of Maharashtra Q2 Results: State-owned Bank of Maharashtra (BoM) on Tuesday posted a 44 per cent jump in its profit at Rs 1,327 crore in the second quarter ended September 2024 on account of improvement in interest income.
Thu, Oct 10, 2024
The lender reported a 15.4 per cent increase in total deposits to Rs 2.76 lakh crore against Rs 2.39 lakh crore at the end of the second quarter of the previous financial year.
Fri, Aug 16, 2024
The Reserve Bank of India (RBI) has slapped a monetary penalty on Bank of Maharashtra.
Mon, Jul 15, 2024
This expansion was largely driven by a 9.43 per cent rise in total deposits, which amounted to Rs 2,67,416 crore, and an 18.99 per cent boost in gross advances, reaching Rs 2,09,031 crore.
Fri, Jun 21, 2024
The cheque was handed over by BoM managing director Nidhu Saxena and executive director Asheesh Pandey in the presence of Financial Services Secretary Vivek Joshi.
Tue, May 28, 2024
In a year, the PSU stock has rewarded its investors with a return of more than 140 per cent and almost 51 per cent in 2024 alone so far, as against gains of around 11 per cent and two per cent in the Nifty Bank index.
Sun, May 19, 2024
Similarly, BoM continued to maintain its top spot in terms of growth in deposit mobilisation, with a 15.66 per cent rise in FY24. It was followed by SBI (11.07 per cent), Bank of India (11.05 per cent) and Canara Bank (10.98 per cent).
Fri, Apr 26, 2024
Bank of Maharashtra Q4 results: State-owned Bank of Maharashtra (BoM) on Friday reported a 45 per cent jump in its net profit to Rs 1,218 crore for the March quarter, helped by a decline in bad loans and a rise in interest income.
Tue, Mar 12, 2024
As per the company, several studies have shown that India has witnessed a significant increase in the incidence of women's cancer, including breast, ovarian, and cervical cancer due to factors such as lifestyle changes, environmental factors, and genetic predisposition that contribute to the rising prevalence of these diseases. Moreover, with the cost of cancer treatment rising, it places immense financial strain on individuals and families.
Sun, Feb 04, 2024
The Pune-based lender BoM reported a 17.89 per cent growth in deposits followed by SBI at 12.84 per cent during the quarter, according to published quarterly numbers of the public sector banks (PSBs).
Tue, Jan 16, 2024
Total income increased to Rs 5,851 crore during the quarter under review against Rs 4,770 crore in the same period last year, BoM said in a regulatory filing.
Mon, Jan 15, 2024
The lender's stock has fared well in the last six months. The stock's rise in the last one month is 5.72 per cent, while it has skyrocketed by 56.55 per cent in the last six months.
Wed, Jan 03, 2024
This combined advantage of lower interest rates and waived processing costs in house loans demonstrates the bank's commitment to providing the finest financing options to all of its valued clients and assisting them in meeting their needs, it added.
Mon, Oct 16, 2023
Shares of Bank of Maharashtra (BoM) on Monday climbed over 1 per cent after the company posted a 72 per cent jump in net profit for the September quarter.
Wed, Oct 11, 2023
The hike in deposit rates will encourage individuals and business to save more as there is a sharp increase of 125 bps in deposit rates for the tenure of 46-90 days, it said.
Wed, Oct 04, 2023
Bank of Maharashtra (MAHABANK) shares scaled a 52-week high on October 4 after an operational update from the PSU lender indicated business growth to the tune of 23 per cent in Q2.
Mon, Aug 14, 2023
Starting August 14, 2023, the Bank of Maharashtra's adjusted home loan interest rate will be 8.5 per cent, down from the current rate of 8.6 per cent, the bank said in a release. The interest rate for car loans has been reduced by 20 basis points to 8.7 per cent.
Sun, Aug 13, 2023
State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during the first quarter of the current financial year.
Sun, Aug 06, 2023
Pune-based Bank of Maharashtra posted the highest NIM of 3.86 per cent, followed by Central Bank at 3.62 per cent and Indian Bank at 3.61 per cent during the quarter.
Wed, Jul 19, 2023
Bank of Maharashtra: Earnings lock before results. Results will come, will make you earn
Bank of Maharashtra Q1 results: The lender had posted a profit of Rs 451.9 crore in the year-ago period.
Mon, Jul 03, 2023
State-owned Bank of Maharashtra (BoM) on Monday said it has posted a credit growth of 24.93 per cent at Rs 1.75 lakh crore in the June quarter. The outstanding credit was Rs 1.40 lakh crore at the end of June 30, 2022, BoM said in a regulatory filing.
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