MoneyWorks4Me

Bank of Maharashtra gets nod to raise equity capital up to Rs 205 crore

27 Feb 2019 Evaluate

Bank of Maharashtra has received an approval for raising of equity capital up to Rs 205 crore by way of issue of equity shares of Bank to Government of India (GoI) on preferential basis subject to necessary approvals/ permissions. The Board of Directors of the Bank at its meeting held on February 26, 2019, approved 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 950.30
PNB 113.90
Bank Of Baroda 234.90
Canara Bank 118.90
Union Bank Of India 173.05
View more..