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Bank of Maharashtra expects current NPA to improve in next two quarters

21 Aug 2015 Evaluate

Bank of Maharashtra (BoM) expects its current Non Performing Asset (NPA) situation to improve in the next two quarters. The bank is trying to contain slippages and recover such accounts. The bank’s exposure to the Amtek Auto group is about Rs 1,200 crore and the joint liability forum is working to resolve the issues.

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.


Bank of Maharashtra Share Price

73.54 0.82 (1.13%)
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