MoneyWorks4Me

Bank of Maharashtra plans to raise around Rs 1000 crore this year

17 Sep 2014 Evaluate

Bank of Maharashtra, a leading public sector bank is planning to raise around Rs 500-1,000 crore by issuing Basel III-compliant Tier-I bonds in this financial year. Besides, the bank is expecting its credit growth to moderate to around 12% to 15% in FY15.

Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The bank also offers services to agricultural and SME sectors.

Peers
Company Name CMP
State Bank Of India 971.00
PNB 115.15
Bank Of Baroda 232.75
Canara Bank 122.25
Union Bank Of India 175.40
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