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The companys stock surged 8.05 per cent to end at Rs 14.63 on BSE.

Bank of Maharashtra shares surge 8 pc as Q4 net loss narrows

The company's market valuation moved up by Rs 283.54 crore to Rs 3,801.54 crore.

4 May 2018 12:33 PM GMT

Ravindra Marathe

DSK fraud: Accused bank CEO hospitalised post arrest

The official was arrested for forging documents using his position.

21 Jun 2018 8:30 PM GMT

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.

Police arrests CEO, director of Bank of Maharashtra over loan frauds

State-run banks have reported 8,670 cases of fraudulent loans totalling 612.6 billion rupees over five financial years.

21 Jun 2018 5:45 AM GMT

DSK accused of duping investors to Rs 2,091cr

Four Bank of Maharashtra officials were arrested by police for availing loan to DSK.

13 Aug 2018 8:57 PM GMT

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

3 banks fined by Reserve Bank of India for delay in fraud detection

The RBI, in three separate releases, said it has imposed a penalty of Rs 1 crore each on three state-run banks.

9 Sep 2018 9:10 AM GMT

Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

Bank of Maharashtra cuts MCLR rates by 0.05-0.15 per cent from monday

Base rate remains unchanged at 9.70 per cent per annum, Bank of Maharashtra said in a regulatory filing.

7 Aug 2017 2:32 PM GMT

Panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. (Photo: Representational Image/PTI)

Bug hits Bank of Maharashtra's UPI app, steals Rs 25 cr

Bank says process of recovering money from 19 banks where it was transferred to is on.

31 March 2017 8:46 AM GMT

Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

BoM Q1 net loss widens to Rs 412 crore as NPAs soar

Total income of the bank fell to Rs 3,209.84 crore in the three months to June of 2017-18.

31 July 2017 2:18 PM GMT

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI initiates PCA against BoM as NPA mounts

For the year ended March 2017, the net non-performing assets (NPAs) of the bank rose to 11.76 per cent.

17 Jun 2017 1:21 PM GMT

As the four occupants, including a woman, failed to give any satisfactory explanation about the source of cash in their possession, they have been detained, police said. (Photo: Representational Image)

Income Tax department raids Pune bank after Rs 10 crore tip-off

The lockers in the banks branch in Parvati area of the city belong to a private firm.

15 Dec 2016 1:13 AM GMT