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Bank of Maharashtra opens five rural branches in UP

05 Sep 2013 Evaluate

Bank of Maharashtra has opened five new rural Branches in Ghaziabad Districts (U.P.) on September 02, 2013. The bank has opened these new rural Branches at Teela Shahabazpur, Ganoli, Sikhrani, Nurpur and Roshanpur (Khurrampur) in Ghaziabad Districts in Uttar Pradesh.

The bank has reported a rise of 89.61% in its net profit at Rs 266.33 crore for the quarter, as compared to Rs 140.46 crore for the same quarter in the previous year. Total income from operation of the bank has increased by 34.14% to Rs 2974.31 crore for the quarter under review as compared to Rs 2217.30 crore for the quarter ended June 30, 2012.

Peers
Company Name CMP
State Bank Of India 980.50
PNB 116.00
Bank Of Baroda 234.45
Canara Bank 123.10
Union Bank Of India 176.50
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