Bank of Maharashtra
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Bank of Maharashtra records robust Q1 results: Net profit soars 95% YoY, asset quality improves
State-run lender achieves impressive growth in net interest income and pre-provision operating profit
The largest PSU lender in terms of loans and deposits in Q1 is Bank of Maharashtra
According to public sector banks' reported quarterly data, the institution with its headquarters in Pune saw a 27.10% increase in gross advances at the end of June 2022, reaching Rs 1,40,561 crore (PSBs).
RBI imposes penalty of Rs 1.12 crore on Bank of Maharashtra
The bank has violated Know Your Customer (KYC) norms & guidelines on outsourcing of financial services.
Bank of Maharashtra ranks #1 in PSU lenders chart for loans & savings deposit growth in Q3
In terms of (Retail, Agriculture and MSME) segment, BoM reported the highest growth rate of 18.06 per cent at Rs 75,927 crore.
Bank of Maharashtra reports 23% increase in its loan book in Q3 FY21-2022
The public sector bank Rs 1.29 trillion as of December 31, 2021 (Q3FY22), as against Rs 1.04 million in the same quarter in the previous fiscal.
Tenure of UCO Bank’s MD, CEO extended for 2 years by government
The central government, through a notification dated August 26, extended the term of office of Atul Kumar Goel as UCO Bank's managing director and chief executive officer (MD & CEO), for a period of two years or until further orders, whichever is earlier, the bank added during a regulatory filing.
Salman Khan’s food donation drive is back on track this year
The food donation drive that took place last year has been revived again.
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