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bank of maharashtra

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Bank of Maharashtra Recruitment 2021.(Screengrab )

Bank of Maharashtra Recruitment 2021: Apply for 150 General Officer posts now

By hindustantimes.com | Edited by Akhilesh Nagari, Hindustan Times, New Delhi
PUBLISHED ON MAR 23, 2021 09:12 AM IST
  • Bank of Maharashtra Recruitment 2021: Interested and eligible candidates can apply for the positions online at bankofmaharashtra.in on or before April 6, 2021.
“Other than IDBI Bank, we propose to take up the privatisation of two public sector banks and one general insurance company in the year 2021-22,” Nirmala Sitharaman said.(Reuters)
“Other than IDBI Bank, we propose to take up the privatisation of two public sector banks and one general insurance company in the year 2021-22,” Nirmala Sitharaman said.(Reuters)

Government to start privatisation with 2 small PSU lenders

Livemint | By Gopika Gopakumar, New Delhi
PUBLISHED ON FEB 02, 2021 02:03 AM IST
Analysts say state-run Punjab and Sind Bank and Bank of Maharashtra are the two likely candidates.
Bank of Maharashtra SCO Recruitment(REUTERS)
Bank of Maharashtra SCO Recruitment(REUTERS)

Bank of Maharashtra SCO Recruitment: Notification released for special cadre officer, details here

Hindustan Times, New Delhi | By Nandini
UPDATED ON DEC 12, 2019 12:43 PM IST
Bank of Maharashtra has released the official notification for specialist cadre officer (SCO) recruitment. There are a total of 50 vacancies.Check important dates here.
Last month, the officers’ unions had called a two-day all India bank strike on September 26 and 27 that was later withdrawn after the government’s intervention.(PTI image)
Last month, the officers’ unions had called a two-day all India bank strike on September 26 and 27 that was later withdrawn after the government’s intervention.(PTI image)

Countrywide strike on October 22 may affect operations: Oriental Bank

Mumbai | By Indo Asian News Service
UPDATED ON OCT 20, 2019 12:15 PM IST
Of late, a number of banks like -- Bank of Maharashtra, Syndicate Bank and Bank of Baroda -- have come out with similar warnings.
The bench also asked NBCC, the receiver and court-appointed forensic auditors to work out the modus-operandi and feasibility to sell 5,229 unsold flats.(HT image)
The bench also asked NBCC, the receiver and court-appointed forensic auditors to work out the modus-operandi and feasibility to sell 5,229 unsold flats.(HT image)

Find ways to release loan to homebuyers: Supreme Court

New Delhi | By HT Correspondent
UPDATED ON SEP 12, 2019 05:59 AM IST
With regard to payment of service tax, the court clarified, the liability should be imposed on flat buyers only to the extent of the amount they have not paid.
RBI issued notices to the banks to show cause as to why penalty should not be imposed.(REUTERS photo)
RBI issued notices to the banks to show cause as to why penalty should not be imposed.(REUTERS photo)

Eight PSU banks fined by RBI for violating regulatory norms

Mumbai (Maharashtra) | By Asian News International
PUBLISHED ON AUG 03, 2019 03:22 PM IST
The eight banks were penalised Rs 1 crore to Rs 2 crore for violating norms .
Agency IANS quotes a police officer to say 10 people may still be trapped under the debris.(ANI Photo)
Agency IANS quotes a police officer to say 10 people may still be trapped under the debris.(ANI Photo)

26 trapped people rescued in slab collapse in Solapur district; one dead

Hindustan Times, Pune | By Shrinivas Deshpande
UPDATED ON JUL 31, 2019 06:39 PM IST
The incident took place around 11 a.m. when business at the Solapur branch of Bank of Maharashtra was in full swing. The surroundings of the building had been damaged by heavy rains in the past one week.
The Central Bureau of Investigation booked absconding diamantaire Jatin Mehta in two fresh cases pertaining to an alleged loan fraud of over Rs 587.55 crore on complaints from Bank of Maharashtra and Union Bank of India(AFP Photo)
The Central Bureau of Investigation booked absconding diamantaire Jatin Mehta in two fresh cases pertaining to an alleged loan fraud of over Rs 587.55 crore on complaints from Bank of Maharashtra and Union Bank of India(AFP Photo)

Two fresh CBI FIRs against Jatin Mehta over loan frauds

New Delhi | By Press Trust of India
UPDATED ON JUN 11, 2019 11:32 PM IST
On the basis of complaints from both the banks, the CBI has registered two separate FIRs against him and his company, Winsome Diamonds and Jewellery.
RBI has cut repo rate by 75 bps. However, the transmission of the rate cut has been slow. Banks blame it on tight liquidity situation due to slow growth in deposits and systemic liquidity position in the economy.(HTFile)
RBI has cut repo rate by 75 bps. However, the transmission of the rate cut has been slow. Banks blame it on tight liquidity situation due to slow growth in deposits and systemic liquidity position in the economy.(HTFile)

How RBI’s rate cut will affect you

Hindustan Times, Mumbai | By Vivina Vishwanathan
UPDATED ON JUN 10, 2019 08:21 AM IST
Bankers say that you will see a change in marginal cost of fund based lending rates (MCLR) when the asset-liability committee of individual banks meets next time.
The suspects had allegedly provided the bank with necessary documents and became guarantors of the loan, after which Rs 2.5 crore was granted to them.(Getty Images/iStockphoto)
The suspects had allegedly provided the bank with necessary documents and became guarantors of the loan, after which Rs 2.5 crore was granted to them.(Getty Images/iStockphoto)

Bank files FIR against builder, wife for fraud of Rs 3.5 crore

Hindustan Times, Noida | By HT Correspondent, Noida
UPDATED ON APR 04, 2019 10:16 AM IST
The complaint was filed by Delhi zonal manager of Bank of Maharashtra (BOM), who alleged fraud by proprietor of Shiv Shakti Construction and his wife.
The recapitalisation is meant to maintain regulatory capital requirements and finance growth plans.(Getty Images/iStockphoto)
The recapitalisation is meant to maintain regulatory capital requirements and finance growth plans.(Getty Images/iStockphoto)

Centre clears plan to infuse Rs 48,000 crore in 12 state-owned banks

New Delhi | By Press Trust of India
UPDATED ON FEB 20, 2019 06:22 PM IST
The government in December last year had infused Rs 28,615 crore into seven public sector banks (PSBs) through recapitalisation bonds.
Reserve Bank of India RBI building,sansad marg;17/09/2012;photo:pradeep gaur/mint(File Photo)
Reserve Bank of India RBI building,sansad marg;17/09/2012;photo:pradeep gaur/mint(File Photo)

In a bid to boost economy, 3 banks taken off RBI watchlist

Press Trust of India | By Press Trust of India
UPDATED ON JAN 31, 2019 10:31 PM IST
Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce (OBC) are now out of the Prompt Corrective Action (PCA) Framework, a move that will help expand loan growth to prop up economy.
Deepak Mankar, Nationalist Congress Party (NCP) corporator and former deputy mayor is already under arrest in a case pertaining to alleged abatement to suicide of his accomplice. Following his arrest, the Pune police had recently invoked stringent Maharashtra control of organised crime Act against Mankar.(HT PHOTO)
Deepak Mankar, Nationalist Congress Party (NCP) corporator and former deputy mayor is already under arrest in a case pertaining to alleged abatement to suicide of his accomplice. Following his arrest, the Pune police had recently invoked stringent Maharashtra control of organised crime Act against Mankar.(HT PHOTO)

Mankar, two associates booked after Pune woman complains of land grabbing

Hindustan Times, Pune | By Nadeem Inamdar
UPDATED ON OCT 29, 2018 04:49 PM IST
Aditi Madhav Dikshit (52), a resident of Prabhat road, who runs her own business, lodged the FIR with Kothrud police station against her uncle Mukund Parshuram Dikshit of Kothrud, Deepak Mankar and his accomplice Sadhana Vartak of Kothrud.
The banks themselves aren’t happy with PCA, though. In September, in a meeting with the finance ministry (effectively their biggest shareholder), the State-owned banks sought a relaxation in it. There have been reports that the ministry could take up the issue with Reserve Bank of India(REUTERS)
The banks themselves aren’t happy with PCA, though. In September, in a meeting with the finance ministry (effectively their biggest shareholder), the State-owned banks sought a relaxation in it. There have been reports that the ministry could take up the issue with Reserve Bank of India(REUTERS)

RBI should be allowed to take the PCA mechanism to its logical end

Hindustan Times | By HT Correspondent
PUBLISHED ON OCT 22, 2018 01:23 PM IST
Prompt Corrective Action (PCA) ensures that future non-performing assets (NPAs) are not being created
The Bank of Maharashtra has around 1,900 branches all over India.(Bloomberg/Picture for representation)
The Bank of Maharashtra has around 1,900 branches all over India.(Bloomberg/Picture for representation)

Bank of Maharashtra to shut 51 branches as part of cost-cutting measures

Pune | By Indo Asian News Service
UPDATED ON OCT 04, 2018 09:59 AM IST
All the branches were in urban centres and have been identified for the action as they were declared non-viable and were incurring huge losses, said an official of the Pune-headquartered Bank of Maharashtra.
The RBI said profitability of all commercial banks declined, partly reflecting increased provisioning.(Pradeep Gaur/Mint)
The RBI said profitability of all commercial banks declined, partly reflecting increased provisioning.(Pradeep Gaur/Mint)

Bad loan situation likely to worsen further, says RBI

Press Trust of India, Mumbai | By Press Trust of India
PUBLISHED ON JUN 26, 2018 06:22 PM IST
Referring to the 11 state-owned banks under prompt corrective action framework (PCA), the RBI said they may experience worsening of their GNPA ratio from 21% in March 2018 to 22.3% by this fiscal-end.
Pedestrians walk past a Bank of Maharashtra Ltd. bank branch in Mumbai, India, on Saturday, Oct. 19, 2013. Photographer: Dhiraj Singh/Bloomberg(Bloomberg)
Pedestrians walk past a Bank of Maharashtra Ltd. bank branch in Mumbai, India, on Saturday, Oct. 19, 2013. Photographer: Dhiraj Singh/Bloomberg(Bloomberg)

Bank of Maharashtra shares crack over 7%, hit 52-week low

Press Trust of India, Mumbai | By Press Trust of India
UPDATED ON JUN 21, 2018 01:52 PM IST
At 1.50 pm, the stock had partially recovered from its losses to trade 3.49% lower at Rs 13 on the BSE.
Pedestrians walk past a Bank of Maharashtra Ltd. bank branch in Mumbai.(Dhiraj Singh/Bloomberg)
Pedestrians walk past a Bank of Maharashtra Ltd. bank branch in Mumbai.(Dhiraj Singh/Bloomberg)

Bank of Maharashtra chief, 5 others arrested in loan fraud case

Hindustan Times, Pune | By Nadeem Inamdar
UPDATED ON JUN 20, 2018 09:44 PM IST
The persons were arrested in a cheating case lodged against Pune-based real estate developer DS Kulkarni Developers.
Some big lenders including SBI, ICICI Bank and HDFC Bank had increased their Marginal Cost of Funds-Based Lending Rates last week(Hemant Mishra/Mint)
Some big lenders including SBI, ICICI Bank and HDFC Bank had increased their Marginal Cost of Funds-Based Lending Rates last week(Hemant Mishra/Mint)

More banks hike lending rates, EMIs for auto, home, business loans to go up

Press Trust of India | By Press Trust of India
UPDATED ON JUN 07, 2018 05:26 PM IST
Joining big banks, Indian Bank and Karur Vsya Bank informed stock exchanges about hiking the MCLR by up to 10 basis points for different tenures
While some of the ATMs had cash crunch, some had limited cash denominations to offer.(RAVINDRA JOSHI/ HT PHOTO)
While some of the ATMs had cash crunch, some had limited cash denominations to offer.(RAVINDRA JOSHI/ HT PHOTO)

Most ATMs in Pune city run dry

Hindustan Times, Pune | By HT Correspondent
UPDATED ON MAY 07, 2018 02:55 PM IST
People were left with no option but to visit various ATM centres hoping to withdraw money.
The Reserve Bank of India’s move comes as a relief to lenders battling near-record bad loans and spurred a rally in bank shares in late trading on Thursday.(Mint File Photo)
The Reserve Bank of India’s move comes as a relief to lenders battling near-record bad loans and spurred a rally in bank shares in late trading on Thursday.(Mint File Photo)

RBI defers new accounting rules for banks by a year

Reuters, Mumbai | By HT Correspondent
UPDATED ON APR 05, 2018 08:09 PM IST
The regulator, which had earlier ordered the banks to move by April 1 to the Ind AS accounting standard, a variant of IFRS, said on Thursday pending rule changes it had decided to delay the implementation of the new accounting system.
The Reserve Bank of India headquarters in Fort, Mumbai.(Aniruddha Chowdhury/Mint)
The Reserve Bank of India headquarters in Fort, Mumbai.(Aniruddha Chowdhury/Mint)

Bank stocks rise up to 5% on RBI move, even as Sensex trades lower

Press Trust of India, Mumbai | By HT Correspondent
PUBLISHED ON APR 03, 2018 02:02 PM IST
Bank stocks gained after the Reserve Bank on Monday allowed lenders to spread provisions for bond losses in the third and fourth quarters of FY18 over the next four quarters.
The accumulated interest was in the range of Rs21.75 crore (together for both the banks) but this could not be confirmed from the banks.(FILE)
The accumulated interest was in the range of Rs21.75 crore (together for both the banks) but this could not be confirmed from the banks.(FILE)

Public sector banks settle minister’s Rs49.20-crore NPA loan

Hindustan Times | By Ketaki Ghoge, Mumbai
UPDATED ON MAR 28, 2018 11:59 PM IST
When the settlement was finalised in February this year, the loan taken in 2009 had already been classified as a NPA.
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