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Bank of Maharashtra is a major Indian government owned bank under the ownership of Ministry of Finance. The bank had 15 million customers across the country with 1,900 branches as of 25 March 2021. It has the largest network of branches of any public sector bank in the state of Maharashtra.[1] The total business of the bank crossed ₹ 2,66,000 lakh crore as on 31 December 2020.
History
The bank was founded by V. G. Kale and D. K. Sathe in Pune, India.
The bank was registered on 16 September 1935 with an authorized capital of Template:USD and became operational on 8 February 1936. It provided financial assistance to small business and gave birth to many industrial houses. The bank was nationalised in 1969.
A. S Rajeev assumed charge as Managing Director & CEO of the bank on 2 December 2018.[2] Hemant Kumar Tamta joined as Executive Director on 31 December 2018. A. B. Vijayakumar joined as Executive Director on 10 March 2021.
See also
- Banking in India
- List of banks in India
- Reserve Bank of India
- Indian Financial System Code
- List of largest banks
- List of companies of India
- Make in India
References
- ↑ Aviva, Bank of Maharashtra in bancassurance tie-up - Times of India. The Times of India. Retrieved 2018-01-15.
- ↑ BoM appoints new MD CEO. www.livemint.com. Retrieved 2018-12-02.
External links
Template:Indian PSU Template:Banking in India Template:Nifty 200 companies Template:Authority control