MoneyWorks4Me

Bank of Maharashtra to sell Rs 500 crore of stressed loans to ARCs

25 Aug 2015 Evaluate

Bank of Maharashtra (BoM) is planning to sell Rs 500 crore of stressed loans to Asset Reconstruction Companies (ARCs) by the end of this quarter. The bank has also opened asset recovery specialized branches for this purpose.

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..