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Bank of Maharashtra receives license to setup IFSC Banking Unit in Gujrat

09 May 2025 Evaluate

Bank of Maharashtra has been granted license by International Financial Services Centres Authority (IFSCA) to establish IFSC Banking Unit at GIFT IFSC, Gujarat.

Earlier, the bank had received approval from RBI for establishing IFSC Banking Unit (IBU) in GIFT IFSC, Gujarat. 

Bank of Maharashtra has the largest network of branches thanany other public sector banks in Maharashtra.


Peers
Company Name CMP
State Bank Of India 1080.50
PNB 143.00
Bank Of Baroda 273.55
Canara Bank 131.00
Union Bank Of India 203.00
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