Bank of Maharashtra to mobilise up to Rs 1,000 crore

Bank Of Maharashtra | Bank - Public | BFSI | BSE: 532525 | NSE: MAHABANK

03 Dec 2014 Evaluate

Bank of Maharashtra is planning to mobilise up to Rs 1,000 crore through Basel-III compliant bonds (additional Tier-1 capital) this month end or sometime in mid-January 2015. The bank has decided to go on an expansion mode and this fiscal would look to ramp up credit to retail and small and medium enterprises.

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	971.70
PNB	115.15
Bank Of Baroda	232.80
Canara Bank	122.15
Union Bank Of India	175.15
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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