Bank of Maharashtra, a leading public sector bank has reportedly decided to launch a special campaign from January 19 to February 7 to extend credit to Micro, Small and Medium Enterprises (MSMEs). The bank is planning to extend advances of at least Rs 1,000 crore on an all-India basis to MSMEs during this special campaign period.
Recently, the bank has issued AT1 Tier 1 Basel Ill compliant Bonds of Rs 500 crore with Green Shoe Option of Rs 500 crore is fully subscribed and the Bank has closed the issue on January 10, 2015.
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.
