Bank of Maharashtra has successfully raised capital of Rs 348 crore through private placement of BASEL III Compliant Tier II Bonds. The bonds have a face value of Rs 1 crore each, and will be listed on the Wholesale Debt Market segment of the BSE.
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.