Search result for 'bom'

RBI, Bank of Mauritius Sign Pact for Local Currency Transactions

March 18, 2025 16:21

Reserve Bank of India and Bank of Mauritius sign MoU to promote the use of Indian Rupee and Mauritian Rupee for cross-border transactions, aiming to optimize costs and settlement time.

Bank of Maharashtra Cuts Retail Loan Interest Rates

February 23, 2025 13:19

Bank of Maharashtra has reduced interest rates on retail loans, including home and car loans, following RBI's repo rate cut. The move aims to offer competitive financing solutions to customers.

Bank of Maharashtra Opens GIFT City Branch: RBI Approval

February 16, 2025 12:52

Bank of Maharashtra has received RBI approval to establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City, its first international branch, enabling offshore banking...

BoM to Reduce Govt Holding Below 75% via Capital Raise

January 16, 2025 15:04

Bank of Maharashtra (BoM) plans to raise capital to reduce government ownership below 75%, meeting Sebi's minimum public shareholding norms. The bank also reported a 36% rise in net profit for Q3FY25.

Bank of Maharashtra Q3 Profit Soars 36% to Rs 1,406 Crore

January 15, 2025 16:01

Bank of Maharashtra's net profit jumped 36% to Rs 1,406 crore in Q3 FY25, driven by higher interest income. The bank also saw a decline in NPAs and increased its provision coverage ratio.

Bank of Maharashtra Q2 Profit Surges 44% to Rs 1,327 Crore

October 15, 2024 15:52

Bank of Maharashtra (BoM) reported a 44% jump in its Q2 profit to Rs 1,327 crore, driven by strong interest income and improved asset quality. The lender's NIM also increased to 3.98%, the highest...

Bank of Maharashtra Reports 19% Loan Growth in Q2 FY24

October 10, 2024 19:39

Bank of Maharashtra (BoM) reported a strong 18.7% credit growth in Q2 FY24, reaching Rs 2.17 lakh crore. Total deposits also saw a significant increase, rising to Rs 2.76 lakh crore.

RBI Fines BoM, Hinduja Leyland, Poonawalla Fincorp for Violations

August 16, 2024 19:40

The Reserve Bank of India (RBI) has imposed penalties on Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp for violating regulatory directions, including Know Your Customer (KYC)...

Sensex, Nifty Hit Record Highs: PSU Banks Shine

July 15, 2024 16:51

Indian stock markets surged to new highs on Monday, driven by strong gains in PSU bank shares and fresh foreign fund inflows. The Sensex closed at 80,664.86, while Nifty settled at 24,586.70.

Bank of Maharashtra Q1 Profit Surges 47% to Rs 1,293 Cr

July 15, 2024 14:13

Bank of Maharashtra (BoM) reported a 47% jump in net profit for the June quarter, driven by lower bad loans and improved interest income. Total income also increased significantly.

Xiaomi Targets 700 Million Device Shipments in India by 2034

July 8, 2024 22:06

Xiaomi aims to double its device shipments in India to 700 million over the next 10 years, with plans to manufacture AI-based IoT devices locally. The company is also focused on increasing local...

Bank of Maharashtra Reports 19% Loan Growth in Q1 FY24

July 4, 2024 16:40

Bank of Maharashtra (BoM) saw a significant 19% increase in credit in the April-June quarter, reaching Rs 2.09 lakh crore. The bank also reported a 9.44% rise in deposits.

Bank of Maharashtra Pays Rs 857 Cr Dividend to Govt - Business News

June 21, 2024 19:05

Bank of Maharashtra (BoM) has paid a Rs 857 crore dividend to the government, reflecting strong financial performance in FY24. The bank's net profit increased by 55.84% to Rs 4,055 crore.

Bank of Maharashtra Tops PSU Banks in FY24 Growth

May 19, 2024 12:45

Bank of Maharashtra recorded the highest growth in total business and deposits among PSBs in FY24, outperforming even SBI. BoM also leads in CASA growth and asset quality.

TVS Supply Chain Bags Contract from VE Commercial Vehicles

May 8, 2024 17:38

TVS Supply Chain Solutions has secured a new contract from VE Commercial Vehicles for managing in-plant warehousing and logistics at a facility in Madhya Pradesh.

Bank of Maharashtra Stock Up 4% on Q4 Earnings

April 26, 2024 18:19

Bank of Maharashtra's stock surged nearly 4% after reporting a 45% rise in net profit for the March quarter. The bank also saw a decline in bad loans and an increase in interest income.

Bank of Maharashtra Q4 Profit Surges 45% to Rs 1,218 Crore

April 26, 2024 13:56

Bank of Maharashtra reports a 45% jump in Q4 profit to Rs 1,218 crore, driven by lower bad loans and higher interest income. The bank also announced a dividend and plans to raise capital.

Bank of Maharashtra Q4 Loan Growth: 16% Rise

April 5, 2024 14:19

Bank of Maharashtra reports a 16.31% increase in loan growth for the March quarter, reaching Rs 2.03 lakh crore. Total deposits also saw a significant rise.

Bank of Maharashtra MD A S Rajeev Appointed Vigilance Commissioner

February 22, 2024 22:50

A S Rajeev, Managing Director and CEO of Bank of Maharashtra, has been appointed as Vigilance Commissioner by the Indian government. Rajeev has been relieved from his position at the bank.

Bank of Maharashtra Expands Pan-India Presence, Non-Maharashtra Business Booms

February 10, 2024 16:53

Bank of Maharashtra has seen significant growth in non-Maharashtra regions, now accounting for 55-60% of its business. The bank is adding over 100 new branches this quarter.

BoM Tops PSU Banks in Deposit Growth Q3 2023

February 4, 2024 14:57

Bank of Maharashtra (BoM) recorded the highest deposit growth among PSU banks in Q3 2023, exceeding even SBI. BoM also boasts strong CASA ratio and low NPAs.

Bank of Maharashtra Q3 Profit Jumps 34% to Rs 1,036 Crore

January 16, 2024 17:50

Bank of Maharashtra reports a 34% rise in Q3 net profit to Rs 1,036 crore driven by improved interest income and reduced bad loans. Read more about BoM's financial performance.

Bank of Maharashtra Q3 Profit Rises 34% to Rs 1,036 Crore

January 16, 2024 12:06

Bank of Maharashtra's profit surged by 34% in the third quarter of FY2023-24, reaching Rs 1,036 crore. The bank also saw an increase in total income and a decline in bad loans.

Bank of Maharashtra Slashes Home Loan Rate to 8.35%

January 3, 2024 15:01

Bank of Maharashtra reduces home loan interest rate by 15 bps to 8.35%, offering a new year deal with waived processing fees. This offer aims to make home loans more affordable for customers.

PNB, BoM Report Double-Digit Loan Growth in Q3

January 2, 2024 20:57

Punjab National Bank (PNB) and Bank of Maharashtra (BoM) reported strong loan growth in the December quarter, with PNB seeing a 13.5% increase and BoM a 20.28% rise.

BoM, Central Bank MDs Tenure Extended | Latest News

November 5, 2023 20:56

The government has approved the extension of tenure for the managing directors of Bank of Maharashtra and Central Bank of India. Learn more about the extensions and the individuals involved.

Bank of Maharashtra Leads PSU Lenders in Q2 Growth

November 5, 2023 13:27

Bank of Maharashtra tops public sector lenders in loan and deposit growth for the second quarter, with over 20% rise. See how other PSBs performed.

Rohit Rishi Appointed Executive Director of Bank of Maharashtra

November 1, 2023 18:15

Rohit Rishi has assumed charge as Executive Director of Bank of Maharashtra, replacing A B Vijayakumar. Rishi brings over 28 years of experience from Indian Bank.

Company Name
Price
Volume

Vodafone Idea L
7.62 (+ 4.96)
103031030

GTL Infrastructure
1.53 (+ 1.32)
21582832

Guj. Toolroom Lt
1.72 (+ 3.61)
13450663

Jaiprakash Power Ven
14.97 (+ 2.18)
13128177

Standard Capital
0.56 ( -1.75)
13006780

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Search result for 'bom'

RBI, Bank of Mauritius Sign Pact for Local Currency Transactions

Bank of Maharashtra Cuts Retail Loan Interest Rates

Bank of Maharashtra Opens GIFT City Branch: RBI Approval

BoM to Reduce Govt Holding Below 75% via Capital Raise

Bank of Maharashtra Q3 Profit Soars 36% to Rs 1,406 Crore

Bank of Maharashtra Q2 Profit Surges 44% to Rs 1,327 Crore

Bank of Maharashtra Reports 19% Loan Growth in Q2 FY24

RBI Fines BoM, Hinduja Leyland, Poonawalla Fincorp for Violations

Sensex, Nifty Hit Record Highs: PSU Banks Shine

Bank of Maharashtra Q1 Profit Surges 47% to Rs 1,293 Cr

Xiaomi Targets 700 Million Device Shipments in India by 2034

Bank of Maharashtra Reports 19% Loan Growth in Q1 FY24

Bank of Maharashtra Pays Rs 857 Cr Dividend to Govt - Business News

Bank of Maharashtra Tops PSU Banks in FY24 Growth

TVS Supply Chain Bags Contract from VE Commercial Vehicles

Bank of Maharashtra Stock Up 4% on Q4 Earnings

Bank of Maharashtra Q4 Profit Surges 45% to Rs 1,218 Crore

Bank of Maharashtra Q4 Loan Growth: 16% Rise

Bank of Maharashtra MD A S Rajeev Appointed Vigilance Commissioner

Bank of Maharashtra Expands Pan-India Presence, Non-Maharashtra Business Booms

BoM Tops PSU Banks in Deposit Growth Q3 2023

Bank of Maharashtra Q3 Profit Jumps 34% to Rs 1,036 Crore

Bank of Maharashtra Q3 Profit Rises 34% to Rs 1,036 Crore

Bank of Maharashtra Slashes Home Loan Rate to 8.35%

PNB, BoM Report Double-Digit Loan Growth in Q3

BoM, Central Bank MDs Tenure Extended | Latest News

Bank of Maharashtra Leads PSU Lenders in Q2 Growth

Rohit Rishi Appointed Executive Director of Bank of Maharashtra

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