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  1. Bank of Maharashtra is an Indian public sector bank headquartered in Pune.The bank had 30 million customers across the country with 2263 branches as of June 2023. It has the largest network of branches of any nationalised bank in the state of Maharashtra.State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in ...

  2. Bank of Maharashtra launches WhatsApp Banking Service Dear Customer, In continuation to the increase in Repo rate by RBI, BOM has revised its Repo Linked Lending Rate (RLLR) w.e.f 07.12.2022. As a result, EMI for the Loan sanctioned under floating rate of interest is deemed to be revised.

  3. Maharashtra has a long history of commercial activity since ages because of its strategic location in Indian sub continent and its large natural resources. Maharashtra has been a progressive region and the Banking activity was also started in this region quite early. Historically speaking, the Bank of Bombay established in 1840 was the first ...

  4. Commenced operations on 08-02-1936 in Pune. Status as Scheduled Bank obtained. Deposits crossed Rs One crore mark. Formed fully owned subsidiary, The Maharashtra Executor & Trustee Company. First branch outside Maharashtra opened in Hubli (Mysore Starte, Now Karnataka) Nationalised alongwith 13 other Banks.

  5. However, the first commercial bank set up in Maharashtra outside Mumbai was The Poona Bank established in 1889 at Pune followed by The Deccan Bank in 1890 and the Bombay Banking Company in 1898. Outbreak of the First World War leading to great depression took a heavy toll on banks in India. Between 1914 and 1935 as many as 380 banks failed in ...

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