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Mumbai, June 19, 2017: Bank of Maharashtra held their 14th Annual General Meeting on Friday, 16th June 2017 at Pune. During the AGM, approval of shareholders was accorded to raise equity capital through FPO/Rights issue/QIP/Preferential share etc., aggregating not to more than Rs.2000 crore including share premium. Additionally, approval of share holders was accorded for …
“RBI has adopted a wait and watch policy. Too many conflicting data points at this point of time, exuberance reflected by the stock market thereby flaying the low GDP numbers for quarter 4, have played on the decision to maintain its neutral stance. The statement has clearly underlined that the revival of private investment by …
Pune, 26 May 2017: Bank of Maharashtra and Livestock vand Crop Registry of India signed an agreement for livestock registration on May 26, 2017. Ravindra Marathe (Managing Director, Bank of Maharashtra), R. K. Gupta (Executive Director, Bank of Maharashtra) and K. C. Raut (Executive Director, Bank of Maharashtra) were present along with Hanmantrao Gaikwad (chief …
Shri. Alekh C. Rout has been appointed as the Executive Director of Bank of Maharashtra for a period of three years starting March 31, 2017. He has had a prolific career in banking, spanning 34 years, starting as a Probationary Officer in the State Bank of Hyderabad in 1983. Prior to his appointment at the …
The Institute of Cost Accountants of India organised a Discussion Meet on Risk Management in BFSI at the JN Bose Auditorium, CMA Bhavan, Sudder Street,Kolkata. The Hon. Chief Guest, Sukamal Chandra Basu, former CMD, Bank of Maharashtra, gave the Welcome Address and set the tune for the evening’s deliberations. Dr JD Sharma, Director, India …