Bank of Maharashtra has emerged as the top performer among public sector lenders in terms of loan and savings deposit growth during the second quarter of the current financial year. The bank’s headquartered recorded an 11.46 per cent increase in gross advances at Rs 1,15,236 crore in the July-September period of 2021-22. In terms of RAM (retail, agriculture and MSME) segment, the bank registered a highest growth rate of 14.24 per cent at Rs 70,515 crore.
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.