MAHABANK
532525Announcement under Regulation 30 (LODR)-Interest Rates Updates
Revision in MCLR Rates
Bank of Maharashtra is a major public sector bank in India, established in 1935 and headquartered in Pune, Maharashtra. It operates a widespread network of over 2,400 branches and 2,000+ ATMs, with a strong presence across urban, semi-urban, and rural India. The bank provides a full suite of financial products and services including retail, corporate and MSME banking, agriculture finance, digital banking, and government business.
Announcement under Regulation 30 (LODR)-Interest Rates Updates
Revision in MCLR Rates
Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Shri Naresh Kumar Vashisht as Part-time Non-official Director on the Board of the Bank
Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD
Annual interest payment on bonds INE457A08175
Bank of Maharashtra
About
Bank of Maharashtra is a major public sector bank in India, established in 1935 and headquartered in Pune, Maharashtra. It operates a widespread network of over 2,400 branches and 2,000+ ATMs, with a strong presence across urban, semi-urban, and rural India. The bank provides a full suite of financial products and services including retail, corporate and MSME banking, agriculture finance, digital banking, and government business.
As a government-owned entity, Bank of Maharashtra plays an important role in enabling financial inclusion, MSME credit, and priority sector lending, actively contributing to the Indian economy's development and social initiatives. The bank is recognized for its robust digital transformation, investment in next-generation banking technology, and focus on customer-centric solutions.
Business Model & Strategy
Bank of Maharashtra generates revenue primarily through interest income from loans and advances, fee-based services, investment income, and treasury operations. Its core business segments include personal banking, corporate banking, SME lending, agriculture financing, government business, and digital banking platforms. The bank's strategic focus is on expanding MSME and retail credit portfolios, strengthening CASA (Current Account/Savings Account) base, leveraging technology-led solutions, and enhancing operational efficiencies.
Initiatives such as simplifying lending processes, introducing digitally-enabled products, and deepening rural presence are central to its long-term growth. In alignment with government priorities, the bank is also involved in social security, financial inclusion schemes, and green financing.
Management Overview
11 MembersMr.Nidhu Saxena
Executive Director-Chairperson-CEO-MDMr.Subhasish Roy
Chief Risk OfficerMr.Asheesh Pandey
Executive DirectorMr.Rohit Rishi
Executive DirectorMr.Abhijit Phukon
Non-Executive - Nominee DirectorMr.Sanjeev Prakash
Non-Executive - Nominee DirectorMr.Praveen Kumar
Non-Executive - Independent DirectorMr.Sunil Dhoot
Deputy General Manager & Chief Financial OfficerSmt.Ritika Birla
Compliance OfficerSmt.NehalRawat
Deputy Company SecretaryMr.Vishal Sethia
Company SecretaryAwards & Recognition
5 Awards- Consistently rated among the top public sector banks for digital transformation and customer service (2023-2024, The Economic Times, Financial Express surveys)
- Awarded 'Best Bank for MSME Lending' by ASSOCHAM in 2023
- Recognized for highest growth in total business among PSBs (RBI and government reports, FY24)
- ISO 27001:2013 certification for Information Security Management
- Placed in India's top 10 most trusted PSU banks (Brand Trust Report 2024)
Market Information
Company Timeline
89+ Years of Excellence | 8 Major Milestones
Bank of Maharashtra was founded in Pune, Maharashtra.
Nationalized by the Government of India along with 13 other major banks.
Introduced Core Banking Solution (CBS) to modernize operations.
Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Launched digital banking platforms including mobile banking and internet banking.
Recognized as the fastest-growing public sector bank in India.
Achieved milestone of 2,000+ branches across India and record growth in MSME lending.
Received significant accolades for MSME lending and digital transformation initiatives.
The Next Evolution
Contact Information
Registered Office
Lokmangal, 1501, Shivaji Nagar
Tel: 020-25511360,
Fax: 020-25533246 / 25513122,
Email: investor_services@mahabank.co.in
Website: bankofmaharashtra.in
Registrars
MCS Share Transfer Agent Ltd
Tel: 022 - 28516021/ 22/ 46049717
Email: helpdeskmum@mcsregistrars.com; mparase@mcsregistrars.com
Corporate Actions
7| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Final Dividend ₹1.20 per share | 05 Jun 2026 Friday | 05 Jun 2026 Friday | - | - |
Interim Dividend ₹1 per share | 20 Jan 2026 Tuesday | 20 Jan 2026 Tuesday | - | - |
Final Dividend ₹1.50 per share | 09 May 2025 Friday | 09 May 2025 Friday | - | - |
Final Dividend ₹1.40 per share | 10 May 2024 Friday | 10 May 2024 Friday | - | - |
Final Dividend ₹1.30 per share | 23 May 2023 Tuesday | 23 May 2023 Tuesday | - | - |
Dividend ₹0.50 per share | 20 Jun 2022 Monday | - | 22 Jun 2022 Wednesday | 28 Jun 2022 Tuesday |
Dividend ₹0.80 per share | 19 Jun 2015 Friday | - | 23 Jun 2015 Tuesday | 29 Jun 2015 Monday |
₹63,071 Cr.
₹83
₹95 / 52
8.37
₹555.77
0.15
₹9.8
₹10.00
2.68 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | - | 13,146 | 14,495 | 15,672 | 18,180 | 23,493 | 28,403 | 32,824 | 34,008 |
| Expenses | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| Profit | - | - | - | - | 389 | 551 | 1,152 | 2,603 | 4,056 | 5,521 | 7,021 | 7,448 |
| Tax | - | - | - | - | -648.74 | 681 | 804 | 843 | 305 | 203 | 839 | 985 |
| EPS | - | - | - | - | 0.69 | 0.91 | 2 | 4 | 6 | 7 | 9 | 0 |
| NPA | - | |||||||||||
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | - | 1,69,018 | 1,96,835 | 2,30,783 | 2,67,827 | 3,07,329 | 3,69,354 | 4,27,471 | - |
| Capital And Liabilities | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 13 Apr '19 | Mar 2020 08 May '20 | Mar 2021 12 Apr '21 | Mar 2022 08 Apr '22 | Mar 2023 13 Apr '23 | Mar 2024 12 Apr '24 | Mar 2025 16 Apr '25 | Mar 2026 10 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | - | - | - |
| Promoter And Promoter Group | - | - | - | 87.74% | 92.49% | 93.33% | 90.97% | 90.97% | 86.46% | 79.60% | 73.60% | - |
| Non Institutions | - | - | - | 3.63% | 3.41% | 3.59% | 5.17% | 5.44% | 7.81% | 8.00% | 6.93% | - |
| FII | - | - | - | - | - | - | - | 0.26% | 1.04% | 1.73% | 5.55% | - |
| DII | - | - | - | - | - | - | - | 3.33% | 4.68% | 10.67% | 13.92% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Bank of Maharashtra
Bank of Maharashtra
Bank of Maharashtra is a major public sector bank in India, established in 1935 and headquartered in Pune, Maharashtra. It operates a widespread network of over 2,400 branches and 2,000+ ATMs, with a strong presence across urban, semi-urban, and rural India. The bank provides a full suite of financial products and services including retail, corporate and MSME banking, agriculture finance, digital banking, and government business.
As a government-owned entity, Bank of Maharashtra plays an important role in enabling financial inclusion, MSME credit, and priority sector lending, actively contributing to the Indian economy's development and social initiatives. The bank is recognized for its robust digital transformation, investment in next-generation banking technology, and focus on customer-centric solutions.
Bank of Maharashtra generates revenue primarily through interest income from loans and advances, fee-based services, investment income, and treasury operations. Its core business segments include personal banking, corporate banking, SME lending, agriculture financing, government business, and digital banking platforms. The bank's strategic focus is on expanding MSME and retail credit portfolios, strengthening CASA (Current Account/Savings Account) base, leveraging technology-led solutions, and enhancing operational efficiencies.
Initiatives such as simplifying lending processes, introducing digitally-enabled products, and deepening rural presence are central to its long-term growth. In alignment with government priorities, the bank is also involved in social security, financial inclusion schemes, and green financing.
Consistently rated among the top public sector banks for digital transformation and customer service (2023-2024, The Economic Times, Financial Express surveys)
Awarded 'Best Bank for MSME Lending' by ASSOCHAM in 2023
Recognized for highest growth in total business among PSBs (RBI and government reports, FY24)
ISO 27001:2013 certification for Information Security Management
Placed in India's top 10 most trusted PSU banks (Brand Trust Report 2024)
Bank of Maharashtra was founded in Pune, Maharashtra.
Nationalized by the Government of India along with 13 other major banks.
Introduced Core Banking Solution (CBS) to modernize operations.
Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Launched digital banking platforms including mobile banking and internet banking.
Recognized as the fastest-growing public sector bank in India.
Achieved milestone of 2,000+ branches across India and record growth in MSME lending.
Received significant accolades for MSME lending and digital transformation initiatives.
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon