Bank of Maharashtra

MAHABANK

INE457A01014

Banks

Market Closed - NSE India S.E. Other stock markets 07:43:48 2024-04-26 am EDT			5-day change	1st Jan Change
67.65 ^INR	+3.68%		+9.82%	+49.83%

Apr. 26	Bank of Maharashtra's Consolidated Net Profit Jumps in Fiscal Q4; Shares Climb 4%	MT
Apr. 26	Bank of Maharashtra Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	CI

Bank of Maharashtra Announces Relieving of A. S. Rajeev as CEO

February 22, 2024 at 09:03 am EST

Bank of Maharashtra announced that Department of Financial Services dated on February 22, 2024 has notified the appointment of Shri A. S. Rajeev, MD & CEO of the Bank as Vigilance Commissioner in Central Vigilance Commission. Shri A. S. Rajeev is relieved from the Bank February 22, 2024. Department of Financial Services vide above notification has further notified that in view of the vacancy of MD & CEO arising in the Bank, the Bank's Board of Directors and Management Committee, as the case may be, may entrust to look after financial and administrative powers and functions of the MD & CEO to respective Executive Directors till such time appointment to the post of Bank's MD & CEO is made by government.

Latest news about Bank of Maharashtra

Bank of Maharashtra's Consolidated Net Profit Jumps in Fiscal Q4; Shares Climb 4%	Apr. 26	MT
Bank of Maharashtra Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	Apr. 26	CI
Bank of Maharashtra Recommends Dividend for the Year Ended March 31, 2024	Apr. 26	CI
Bank of Maharashtra Reports Earnings Results for the Full Year Ended March 31, 2024	Apr. 26	CI
Bank of Maharashtra Appoints Divesh Dinkar as Chief Compliance Officer	Apr. 16	CI
Bank of Maharashtra Books 16% Increase in Fiscal Q4 Gross Advances	Apr. 05	MT
Bank of Maharashtra Appoints Chief Risk Officer	Apr. 01	MT
Bank of Maharashtra Appoints Shri Subhasish Roy as Chief Risk Officer	Apr. 01	CI
Bank of Maharashtra Appoints CEO/Managing Director	Mar. 28	MT
Bank of Maharashtra Announces Appointment of Nidhu Saxena as Chief Executive Officer	Mar. 28	CI
Bank of Maharashtra Announces Appointment of Nidhu Saxena as Managing Director	Mar. 28	CI
Bank of Maharashtra Announces Relieving of A. S. Rajeev as CEO	Feb. 22	CI
Bank of Maharashtra Announces Relieving of A. S. Rajeev as MD	Feb. 22	CI
Bank of Maharashtra's Consolidated Profit Grows to INR10.4 Billion in Fiscal Q3	Jan. 17	MT
Transcript : Bank of Maharashtra, Q3 2024 Earnings Call, Jan 16, 2024	Jan. 16
Bank of Maharashtra Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 16	CI
Acuite Ratings Keeps AA+ Rating on Bank of Maharashtra's Bank Financing; Shares Fall 5%	Dec. 20	MT
Indian lawyers to hold discussions with select banks, insurance companies - govt document	Dec. 17	RE
Bank of Maharashtra Raises INR2.59 Billion from Bond Offering	Dec. 12	MT
Bank of Maharashtra Announces Change in Directorate	Nov. 01	CI
Bank of Maharashtra Announces Change in Directorate	23-10-25	CI
Bank of Maharashtra Posts Gains in Fiscal Q2 Consolidated Net Profit	23-10-17	MT
Transcript : Bank of Maharashtra, Q2 2024 Earnings Call, Oct 16, 2023	23-10-16
Bank of Maharashtra Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	23-10-16	CI
Bank of Maharashtra Increases One-Year MCLR By 10 Basis Points	23-10-12	MT

Chart Bank of Maharashtra

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Company Profile

The Bank of Maharashtra Limited (the Bank) is engaged in providing banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes investment, balances with banks outside India, interest accrued on investments and related income. The Corporate/Wholesale Banking Segment includes all advances to trusts, partnership firms, companies, and statutory bodies. The Retail Banking Segment includes exposure to the individual person/persons or to a small business, no aggregate exposure to one counterparty exceeds 0.2% of the overall retail portfolio of the Bank, and the maximum aggregated retail exposure to one counterpart is up to Indian Rupee five crores. The Other Banking Operations segment includes all other banking transactions. Its products and services include e-payment taxes, credit cards, doorstep banking, and a new pension scheme, among others.

Sector

Banks

Calendar

2024-07-16 - Q1 2025 Earnings Release (Projected)

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