Bank of Maharashtra raises Rs 500 crore through issue of Bonds

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

16 Dec 2016 Evaluate

Bank of Maharashtra successfully raised Rs 500 Crore on December 15, 2016 by issue of Basel III Compliant Unsecured Perpetual Non-Convertible Additional Tier 1 (AT 1) Bonds on private placement basis. The Bonds have been rated as ‘A hyb’ by ICRA and ‘A’ by CARE. The said Bonds will be listed on the Wholesale Debt Market segment of the BSE and National Stock Exchange of India.

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
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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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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.