Bank of Maharashtra
Hyderabad: A state-of-the-art branch of Bank of Maharashtra (BOM) was inaugurated at Siddipet by Finance Minister T Harish Rao. The new branch will provide...
For the full year 2020-21, BoM's standalone net profit jumped nearly 42 per cent to Rs 550.25 crore. I
It was followed by Punjab & Sind Bank which posted 8.39 per cent growth in advances with aggregate loans at Rs 67,811 crore at the end of March 2021.
Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation by the Core Group of Secretaries on Disinvestment.
With opening of the new state-of-the-art branch, the bank now has a total of 32 branches in Telangana
With the opening of the Cherlapally branch, the bank now has a total of 31 branches across the Stat
The new branch will provide all basic banking transactions and cater to the specific needs of customers, offering the entire spectrum of banking products and financial services covering retail, agriculture and MSME sectors
"The new branch will help people fulfil all of their banking and financial needs,” said Y Nageswara Rao.
The new branch which was inaugurated by IT Principal Secretary Jayesh Ranjan would cater to all basic banking transactions and specific needs of customers.
The lender had earlier estimated around Rs 3,000-4,000 crore from its moratorium book to come under one-time restructuring
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