Press Release
Press Release Archives
 

Bank of Maharashtra launches MAHA SEVA, 24x7 info centre (28-09-2011)

BoM giving training to CBI Officers
(26-9-2011)

Press Information Bureau, Gov. of India release, New Delhi (18-09-2011)

State Level Bankers Committee (SLBC) Felicitates Lead District Managers for Excellence in Crop Financing (20-09-2011)

Bank of Maharashtra dedicates branches to Self Help Groups at the hands of Finance Minister
(18-09-2011)

Bank reaches remote village on 77th Anniversary Day
(16-9-2011)

Festival Bonanza from Bank of Maharashtra for its depositors w.e.f. 22/08/2011
(20-08-2011)

Bank of Maharashtra hikes Base Rate and BPLR
(1-08-2011)

Financial Results for quarter ended June 30, 2011
(25-07-2011)

Increase in Base Rate and BPLR with effect from 16.07.2011
(14-07-2011)

Bank of Maharashtra Dividend to Government of India
(4-07-2011)

Bank of Maharashtra launches the SBI-Bank of Maharashtra Credit Card in association with SBI Card
(27-06-2011)

8th Annual General Meeting of Bank of Maharashtra held 20% Dividend declared, approved
(27-06-2011)

Bank of Maharashtra’s Soil Testing Laboratory at Bhigwan inaugurated

(17-06-2011)

Bank of Maharashtra Opens Exclusive Service Outlet for Senior Citzens in Mumbai and 32 New Delivery Channels Across India
(13-06-2011)

Chief Minister calls for special Meet of Bankers in the State to discuss on crop
loans for Khariff season

(6-06-2011)

Bank of Maharashtra wins Rajbhasa Award for In-House magazine

(1-06-2011)

Dr. Naresh Kumar joins Bank of Maharashtra Board

(20-05-2011)

Increase in Base Rate and BPLR with effect from 5.5.2011

(4-05-2011)

Declaration of Financial Results for Qtr / Year Ended March 2011

(30-04-2011)

Bank of Maharashtra Launches ‘e-FD’


(31-03-2011)

Bank of Maharashtra shareholders approve infusion of Rs. 352 crore by Govt of India

(23-03-2011)

BOM commits to development of backward communities

(22-03-2011)

CMD, Bank of Maharashtra, calls on Punjab Governor

(22-03-2011)

Maharashtra Gramin Bank on 100% CBS Platform

(1-03-2011)

Bank of Maharashtra launched a new deposit scheme - Mahanidhi

(25-02-2011)

Bank of Maharashtra celebrates Customer Day and starts registration for AADHAAR (UID)

(8-02-2011)

Bank of Maharashtra distributes smart cards under IT-enabled financial inclusion plan

(3-02-2011)

Bank Of Maharashtra Q3(Dec 2010) Net Profit up by 72.56% over Q2

(21-01-2011)

Bank of Maharashtra opens its 1514th Branch & 375th ATM at Vaishali, Ghaziabad

(20-01-2011)

Bank of Maharashtra opens New Branch at Kapurthala, Punjab (13-01-2011)

Bank Of Maharashtra Revises Interest Rates On Deposits And Advances (8-01-2011)

First CBS Branch of Maharashtra Gramin Bank Is Inaugurated (14-12-2010)

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Orientation Programme for UIDAI (20-11-2010)

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Bank of Maharashtra launches E-Banking lounge (15-11-2010)

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"Swashakti" A Women Staff Empowerment Program (11-11-2010)

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Bank of Maharashtra declares MAHA DOUBLE DEPOSIT SCHEME

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Bank of Maharashtra signs MoU with Unique Identification Authority of India

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Press Release on HY 1 financial results of the Bank

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BOM Festival Offer

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Interest Rates on Mahabank Housing Loans to public - Festive Offer: 2010-11

Tenor/ Loan amount

Up to Rs. 30 lakh

Above Rs. 30 lakh

1st Year

8.25% (fixed)

8.25% (fixed)

2nd Year

8.75% (fixed)

8.75% (fixed)

3rd Year

9.00% (fixed)

9.00% (fixed)

4th Year onwards

Base Rate* + 1.00%
(At present = 9.25%)

Base Rate* + 1.50%
(At present = 9.75%)


Bhattacharya new CMD of Bank of Maharashtra

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Finance Minister dedicates Bank of Maharashtra's 1500th Branch to the Nation

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Unaudited Financial Results for the Quarter Ended 30th June 2010

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Bank of Maharashtra receives capital contribution from Government of India

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Bank of Maharashtra Base Rate at 8.25%

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Financial Results ’FY 2009-10’

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Mr. M G Sanghvi, Executive Director, BoM Inaugurates Bank’s ATM & Additional Locker Facility at Parel, Mumbai

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Bank Of Maharashtra conferred Y.B. Chavan award for support to SMEs

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Bank of Maharashtra achieving 100% CBS on 02.03.2010. The bank also launched “maha-mobile” mobile banking service

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On its 74th anniversary of commencement of business, bank of Maharashtra launches "Maha-e-trade" - Online share trading facility

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Unaudited (reviewed) financial results for the quarter / nine months ended 31st december 2009

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Bank Of Maharashtra and SBIFM (P) Ltd Join Hands To Distribute Mutual Funds

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Platinum Jubilee Celebrations on 26.11.2009

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Unaudited (reviewed) financial results for the quarter / half year ended 30th september 2009

Unaudited (reviewed) financial results for the quarter / half year ended 30th september 2009
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Bank of maharashtra shares joy of diwali with under-privileged children

CMD of Bank of Maharashtra Mr. Allen Pereira and Executive Direcor Mr. M.G. Sanghvi interact with underprivileged children during Diwali celebration on the eve of 16.10.2009

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BoM Starts New Maha Retail Credit Hub

Shri Allen C A Pereira, Chairman and Managing Director, Bank of Maharashtra inaugurated ‘Maha Retail Credit Hub’ (MARCH) at Gandhinagar, Bandra (E), Mumbai -400 051. The dignitaries, who graced the occasion included Shri S K Gogia and Dr. D S Patel, Directors on board of the Bank, Shri V Y Chhapekar, General Manager, Mumbai Region and Shri V Kannan, General Manager, TIBD.

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BoM convenes 105th SLBC

State Level Bankers' committee (SLBC) meeting was convened by Bank of Maharashtra, Convener Bank for SLBC- Maharashtra on 18.09.2009 at its Central Office, Pune.

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Bank Of Maharashtra Slashes Housing Loan Interest Rates

Celebrating its Platinum Jubilee, Bank of Maharashtra, a premier nationalized bank is offering reduced interest rates for housing loans sanctioned during the festival period under Mahabank Platinum Housing Loan Scheme. The new rates will be applicable for loans sanctioned between 16th September, 2009 and 31st December 2009.

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BOM Kick starts Platinum Jubilee Year Celebration

Bank of Maharashtra, a premier nationalized Bank has set an ambitious business target of Rs.150,000 crore by the Financial Year 2012 on the eve of its Platinum Jubilee Celebration held on 16th September 2009 in Pune, where the bank is head-quartered.

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Quarterly Results – June 2009

BoM records 118.30%, substantial growth in Net Profit (Y-o-Y)
Operating profit growth by 37.60% times (Y-o-Y) to Rs. 180.30 crore
Total Business at Rs. 85964.24 crore

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Bank of Maharashtra Reduces Benchmark Prime Lending Rate (BPLR).

Bank of Maharashtra Reduces Benchmark Prime Lending Rate (BPLR). BoM reduces Interest Rates on Domestic Term Deposits

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Financial Results For Year 2008-09

Financial Results For Year 2008-09

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BoM Condemns Terrorist Attack in Mumbai

Bank of Maharashtra condemned the terrorist attack in Mumbai.

In a meeting, Bank paid homage to martyrs viz. ATS Chief Shri Hemant Karkare, Additional Police Commissioner Shri Ashok Kamte and Encounter Specialist Shri Vijay Salaskar and other police officials, who gave their life while valiantly facing the terrorist attack.

The Bank paid homage to the other citizens also who lost their lives in the terrorist attack.

The Executives, Officers and employees observed silence as a token of respect and beseeched God to provide strength to their relatives.

PR 35 E.pdf

Quarterly Financial Results

unaudited (reviewed) financial results for the period ended 31st december, 2008

Press Release Final.pdf

Bank of Maharashtra's Q2 Net Profit Rs. 70.55 crore

The Bank is pleased to announce its financial results for the second quarter ended 30th September 2008 as under

PR-31.doc

Mr. M.G. Sanghvi takes charge as Executive Director of BoM

Mr. M.G. Sanghvi has taken over as Executive Director of Bank of Maharashtra on 15th October, 2008. Before being appointed as Executive Director of Bank of Maharashtra, Mr. Sanghvi was General Manager, Dena Bank.Mr. Sanghvi has a rich experience of almost all major areas of banking of over 28 years.

press06102008.pdf

Shri Allen C.A. Pereira, C&MD, BoM Receives Youth Baton Relay of the

Shri Allen C. A. Pereira, Chairman & Managing Director received the baton
at Bank?s Head Office, Lokmangal, 1501, Shivajinagar, Pune-5. Shri Pereira was flanked by Shri Suresh Kalmadi, M.P., Chairman, CYG; Shri S. U.
Deshpande, Director, BoM; Shri B. K. Piparaiya, General Manager, Planning;
Smt. S. A. Panse, General Manager,IT; Shri Satish Pradhan, Chairman, Youth
Baton Relay; Prahlad Sawant, Vice Chairman, Youth Baton Relay; Shri Dhanraj
Pillai, Veteran Hockey Player. All General Managers, Executives, Officers &
Staff of the Bank were present. Sports persons from the Bank viz. Shri
Shanta Ram Jadhav, Ms. Manisha Ghate, Shri Atul Karkhanis & Shailesh
Tamankhar were present on this occasion.

Press Re8oct2008.pdf

RBI cautions public against flctitions offers of r

RBI cautions public against flctitions offers of remitting cheap funds from abroad

vip 001.jpg

BoM Registers Net Profit of Rs. 46.63 crore in Q1

The Bank is pleased to announce its financial results for the quarter ended 30th June 2008, as under:

PR-19E.pdf

Mr.Allen C.A Pereira has charge of BOM as C

Mr.Allen C.A Pereira has taken over as Chairman and Managing Director of Bank of Maharashtra on 4th June 2008

PR-1008.pdf

The Finance Minister in its Budget Speech 2008-200

The Finance Minister in its Budget Speech 2008-2009 announced a Debt Waiver and Debt Relief Scheme for the farmers.

1. The scheme will be benefiting the small ( up to 5 acres) and marginal (up to 2.5 acres) farmers by way of waiver of short term production loans and overdue installments for the term loans availed by them.

PR9E.pdf

BANK OF MAHARASHTRAS NET PROFIT RISES BY 20.80 T

BANK OF MAHARASHTRA?S NET PROFIT RISES BY 20.80% TO Rs. 328.39 CRORES DURING 2007-08

The Board of Directors of Bank of Maharashtra approved the annual financial results for the year ended 31st March 2008 at its meeting held on 30th April 2008.

PR-AFR(E).pdf

Bank of Maharashtra Celebrates its 72nd Anniversar

The countdown has begun for the platinum jubilee celebrations of BoM, which falls within three years. Today, Bank celebrated its 72nd anniversary with full fervor. Bank of Maharashtra was established on 16th September 1935 at Pune and commenced its business on 8 February, 1936.


To mark the anniversary, Bank is celebrating the Customer Service Fortnight from 1st to 15th February, 2008 and is committed to render quality service to the customers.

PR03.pdf

Reduces Rate of Interest on Housing, Education and

In continuation of Bank?s 72nd anniversary celebrations, BoM has reduced the rate of interest in the range of 25 to 50 basis points on its Housing Loan, Education Loan and SME segment Loan w.e.f. from 11.02.2008.


Revised rate structure for Housing Loan, Education Loan and SME segment Loan

PR-02_E_.pdf

Q3 NET PROFIT SOARS BY 35.06 TO Rs. 100.38 C

The Bank is pleased to announce its financial results for the Third quarter ended 31st December 2007 as under:


1. Profitability


Net profit for the quarter increased to Rs. 100.38. crore as against Rs. 74.32 crore for the corresponding period of the previous year, registering growth of 35.06 %.

PR24jan.pdf

Q2 NET PROFIT ZOOMS BY 47.57% TO RS. 90.45 CRORES

The Bank is pleased to announce its financial results for the Second quarter ended 30th September 2007 as under:

1. Profitability

Net profit for the quarter increased to Rs. 90.45 crore as against Rs. 61.29 crore for the corresponding period of the previous year, registering growth of 47.57 %.

Highlights.doc

PUNE 2007 SUPER ACHIEVER AWARD

Shri M D Mallya, Chairman & Managing Director, Bank of Maharashtra received ?Pune 2007 Super Achievers Award? at the hands of Ms. Rajlaxmi M Bhosale, hon?ble Mayor of Pune in a well attended function at Hotel Pride. This award is conferred upon him as a recognition for his efforts in improving the overall performance of the Bank.

press2.doc

NABARD organized a State Level Awards function

National Agricultural Banking And Rural Development (NABARD) organized a State level function to give away awards for best performance in SHG formation and Credit linkage during the year 2006-07 in the state of Maharashtra.

Shri. Rajiv Madhok, Executive Director received the best performance award at the hands of Mr. S K Goel, Divisional Commissioner, .Amaravati in the presence of Mr.Prabhakar Deshmukh, District Collector Pune.

press1.doc

NABARD organized a State Level Awards function

National Agricultural Banking And Rural Development (NABARD) organized a State level function to give away awards for best performance in SHG formation and Credit linkage during the year2006-07 in Maharashtra.

The Gramin Mahila Va Balak Bikas Mandal (GMBVM) a trust of Bank of Maharashtra bagged 1st Prize for the Best Performance Awards under SHG Bank linkage programme in NGOs category in the state of Maharashtra.

press3.doc

Net Profit of Bank of Maharashtra up by 34% in Q1

The Bank is pleased to announce its financial results for the quarter ended 30th June 2007, as under:

1. Profitability

Net Profit for the quarter increased to Rs. 81.58 crore as against Rs.60.96 crore for the corresponding period of the previous year, registering growth of 33.82 %.

Press Release Final30-6-07.doc

Road Show By Bank Of Maharashtra

Bank of Maharashtra has organised a Road Show in Pune City on 15.06.2007
with the objective to remind the people for ?CLEAN PUNE?, and to create
awareness about ?BANKING SERVICES?.
The Road Show was aimed to spread awareness about social issues viz.
environment protection, water conservation, rainwater harvesting, observing the
traffic rules to prevent road accidents, as also to create awareness about banking
services etc.

PR-17.pdf

The 95th Special State Level Bankers Committee Mee

The 95th Special State Level Bankers? Committee (SLBC) meeting of
Maharashtra was held on 2 June, 2007 at Sahyadri Guest House, Malabar Hill,
Mumbai. The meeting was presided over by Shri Vilasrao Deshmukh, Hon?ble
Chief Minister, Maharashtra State. Shri Pawan Kumar Bansal, Minister for State
for Finance (Expenditure, Banking & insurance), Govt. of India was the chief
guest for the said meeting.

PR-15.pdf

Fourth Annual General Meeting of the Bank was held

Fourth Annual General Meeting of the Bank was held on Thursday, the 7th June 2007 at 10.00 a.m. at Appasaheb Joag Auditorium, Bank of Maharashtra, Lokmangal, 1501, Shivajinagar Pune.

Shri. M.D. Mallya, Chairman and Managing Director addressed the shareholders and gave a brief account of performance of the Bank during the year 2006-07.

PR-14_E_ _2_.pdf

Net profit of Bank of Maharashtra zooms more than

The Bank is pleased to announce its Financial results for the year ended 31st March 2007 as under:


1. Profitability

Net Profit for the year increased to Rs. 271.84 crore as against Rs. 50.79 crore for the previous year registering a 435 % growth.

Operating Profit increased to Rs. 613.20 crore for the year as against Rs365.07 crore for the previous year, registering growth of 68 %.

Press Release_E_.pdf

BANK OF MAHARASHTRA has tied up with STANDARD COMB

Keeping in view the current thrust on Agriculture and particularly to enhance lending under Farm Mechanisation BANK OF MAHARASHTRA has tied up with STANDARD COMBINES PVT. LTD. manufacturers of tractor and have signed a Memorandum of Understanding (MOU). This agreement will enable Bank of Maharashtra to market tractors to the farmers in all States where bank is having its presence. Shri Vinod Dalvi, General Manager, Priority, Retail Credit and Corporate Services, Bank of Maharashtra and A. Sarna, Chief General Manager (Marketing) Standard Combines Pvt. Ltd. Exchanged the MOU on 22.05.2007.

Pressrelease.pdf

Customer-friendly interest rates structure of Mah

Keeping in mind the interest of its depositors, Bank of Maharashtra, the leading nationalized Bank of the country has realigned its interest rates to suit the present interest rate environment and to give better and improved returns to its investors.

There has been an increase of 0.25% to 0.50% in the interest rates for the period from Over one year to 3 years. (Given in detail in the table)

Press Release090407[1].pdf
Last update Date : 28-12-11