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

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

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.

Peers

Company Name	CMP
State Bank Of India	969.40
PNB	114.20
Bank Of Baroda	232.95
Canara Bank	122.40
Union Bank Of India	175.30
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
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
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.