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Bank of Maharashtra planning to raise funds

02 May 2018 Evaluate

Bank of Maharashtra is planning to raise funds by way of issue of equity shares through FPO/ Rights issue/ QIP/ Preferential issue or any other mode or combination thereof and/ or through issue of bonds or such other securities. The meeting of the Board of Directors of the company will be held on May 4, 2018, to consider the same.

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 948.55
PNB 113.30
Bank Of Baroda 233.75
Canara Bank 118.40
Union Bank Of India 172.00
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