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Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.

No proof against Maha bank officials'

The police also informed the court that the officers should be discharged from the cheating case registered against...

21 Oct 2018 2:24 AM IST

The police arrested chief executive and an executive director of state-run Bank of Maharashtra on Wednesday, accusing them of misusing their authority in making loans to a property developer.

CBI probes Bank of Maharashtra Rs 2.56 crore siphoning

The funds were transferred from the bank's branches at Hadapsar, Lasurne and Talegaon.

16 July 2018 2:35 AM IST

Centre could look at creating a scaffolding by distancing itself from management of banks through the creation of a Bank Holding Company which could assume the entire government stake in banks.

6 public sector banks cut lending rates by up to 0.25 per cent

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.

10 Oct 2019 7:03 PM IST

The police arrested chief executive and an executive director of state-run Bank of Maharashtra on Wednesday, accusing them of misusing their authority in making loans to a property developer.

Bank of Maharashtra cuts MCLR by 0.10 per cent

Base rate has been kept unchanged at 9.50 per cent per annum.

10 Oct 2019 1:35 PM IST

The EOW had filed the closure report in October last year saying it did not find sufficient evidence against officials and sought their discharge. (Representational image)

Court accepts report seeking discharge of 3 ex BoM officials

The EOW had filed the closure report in October last year saying it did not find sufficient evidence against officials...

23 Jan 2019 2:14 AM IST

Pune Polices EOW in June last year had arrested Marathe and other officials on charges of misusing their official position for sanctioning loan to Kulkarnis construction firm - D S Kulkarni Developers Ltd. (Photo: File)

Court accepts police report for discharge of 3 bank officials in DSK...

The police had earlier said the officials allegedly colluded with DSKDL with dishonest and fraudulent intention' to...

22 Jan 2019 1:26 PM IST

Former Maharashtra Chief Minister Manohar Joshis Kohinoor Education Trust owes nearly Rs 16 crore to Bank of Maharashtra, Rs 38.63 crore to State Bank of India and Rs 13.18 crore to Bank of India.

Banks threaten to sell ex-CM Joshi's edu trust properties for default

The lender has asked the borrower and corporate guarantors to repay the amount within 60 days.

18 March 2019 6:19 PM IST

The police arrested chief executive and an executive director of state-run Bank of Maharashtra on Wednesday, accusing them of misusing their authority in making loans to a property developer.

Bank of Maharashtra lowers lending rates by a nominal 5 basis points

RBI had cut repo rate to 6 pc from 6.25 citing need to support growth in bi-monthly monetary policy announced on...

6 April 2019 11:46 AM IST

The police arrested chief executive and an executive director of state-run Bank of Maharashtra on Wednesday, accusing them of misusing their authority in making loans to a property developer.

Bank of Maharashtra to link retail loans with repo rate

The bank has already linked the housing loan interest rate with repo rate.

26 Aug 2019 11:11 AM IST

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Kotak's asset quality slides

BoM reports net profit of Rs 132 crore against loss of Rs 3,766 crore Federal Bank Q3 net rises per cent.

21 Jan 2020 1:09 AM IST

In another promising start to the earnings season, state-owned Bank of Maharashtra (BoM) doubled its net profit at Rs 264 crore in the September quarter against Rs 130 crore in the same quarter last year on a sharp rise in net interest income and recovery from DHFL. DC

IDBI Bank, BoM report rise in interest income

IDBI Bank's net interest income rose 9 per cent at Rs 1,854 crore for Q2 FY22

22 Oct 2021 7:23 AM IST

Banks under RBI watch to hasten recovery: Piyush Goyal

Under the PCA, banks face restrictions on distributing dividends and remitting profits.

18 May 2018 12:45 AM IST