The Central Bureau of Investigation (CBI) has registered two separate cases against Reliance Home Finance Ltd. (RHFL) and Reliance Commercial Finance Ltd. (RCFL), both part of the Reliance ADA Group, for allegedly defrauding Union Bank of India and Bank of Maharashtra to the tune of Rs 22
The Offer for Sale (OFS) of Bank of Maharashtra has received an overwhelming response, with the issue being subscribed 400% of the base size on Tuesday.
The bid will be open tomorrow for Non-Retail investors, while the Retail investors can bid on Wednesday. "Government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option," DIPAM said.
Pune (Maharashtra) [India], August 14: Pune came alive this Independence Day with a grand celebration that blended patriotism, entertainment, and powerful brand collaborations. At the heart of this vibrant event was Bank of Maharashtra, the title sponsor and driving force behind an evening t
Mumbai (Maharashtra) [India], June 7: Bank of Maharashtra, a premier public sector Bank in the country, proudly announces the selection of P. Ananya Sree, an employee of the Bank and member of its Women's Volleyball Team. The Volleyball Federation of India has selected Ananya to represent In
Mumbai (Maharashtra) [India], April 2: Customer Capital, a company specializing in captive commerce loyalty solutions and Bank of Maharashtra announced a partnership to introduce an exclusive travel platform and loyalty rewards for Bank of Maharashtra cardholders. This collaboration between
Mumbai (Maharashtra) [India], February 17: Bank of Maharashtra, a premier public sector bank in India, announced today that it has received approval from Reserve Bank of India to set up an International Financial Services Centre (IFSC) Banking Unit in GIFT City. The branch will function as B
The money trail investigation conducted by ED of "debit transactions" made through accounts maintained with NAMCO Bank and with the Bank of Maharashtra revealed that the majority of such amounts were transferred to 21 sole proprietary concerns.
Mumbai (Maharashtra) [India], September 21: Bank of Maharashtra marked a significant milestone as it celebrated its 90th Foundation Day today, an event that was both a tribute to its illustrious past and a glimpse into its future endeavors. The event was graced by Nirmala Sitharaman, Ministe
The net profit of Bank of Maharashtra surged by 46.64 per cent to Rs 1293 crore during the first quarter of FY 2024-25, the bank informed the exchange in a filing on Monday.