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.