Govt decides to infuse capital of Rs 205 crore in Bank of Maharashtra
21st Feb 2019

The Government of India has decided to infuse capital of Rs 205 crore in Bank of Maharashtra. The Bank will take all necessary approvals/ permissions from Shareholders/ Regulatory authorities for Preferential allotment of Equity shares of Bank to Government of India (GoI) in due course of time.

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.