MoneyWorks4Me

Bank of Maharashtra plans to raise up to Rs 2000 crore

23 May 2017 Evaluate

Bank of Maharashtra, a public sector player is considering raising up to Rs 2,000 crore through various routes. The required capital is proposed to be raised from market by way of FPO/rights issue/QIP/preferential issue including capital support from central government. The proposal will be taken up at the annual general meeting to be held on June 16 in Pune.

Bank of Maharashtra is a leading public sector bank. The Bank 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 958.60
PNB 114.30
Bank Of Baroda 234.45
Canara Bank 119.85
Union Bank Of India 172.55
View more..