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  • Will look to improve recovery of stressed assets: Bank of Maharashtra

    In an interview with CNBC-TV18, Ravindra P Marathe, MD & CEO of Bank of Maharashtra spoke about the latest happenings in the bank and sector.

  • Expect healthy recovery & upgradations to aid to control GNPAs: Bank of Maharashtra

    Expect healthy recovery & upgradations to aid to control GNPAs: Bank of Maharashtra

    Bank of Maharashtra is in focus because the Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA). “As far as the liabilities are concerned, we are very much on track,” Ravindra P Marathe, MD & CEO of Bank of Maharashtra told CNBC-TV18.

  • Reached out to 3 lk people as part of Jan Dhan Yojana:Bartronics

    Reached out to 3 lk people as part of Jan Dhan Yojana:Bartronics

    Bartronics has helped banks so far reached out to 3 lakh people as part of Jan Dhan Yojana, says K Udai Sagar, Managing Director of the company. It is currently working in tandem with Andhra Bank. Bank of Maharashtra is a potential client, says Sagar.

  • Steel NPAs manageable; Amtek exposure Rs 1200 cr: Bk of Mah

    Steel NPAs manageable; Amtek exposure Rs 1200 cr: Bk of Mah

    In an interview with CNBC-TV18, Executive Director of Bank of Maharashtra R Athmaram says that NPAs in the steel sector are manageable. He expects the bank's NPA situation to improve in coming two quarters.

  • Not facing issues with lenders; will lower debt: Amtek Auto

    Not facing issues with lenders; will lower debt: Amtek Auto

    The company also has huge debt on its books, but Gautam Malhotra of Amtek Auto says he is exploring various options to reduce the same and expects to lower it by up to Rs 2,000 crore in the next two years.

  • Fresh capital infusion will aid FY16 plans: Bank of Maha

    Fresh capital infusion will aid FY16 plans: Bank of Maha

    Bank of Maharasthra expects its capital regulatory to be 0.5 percent above the regulatory level this year, R K Gupta, ED, Bank of Maharasthra told CNBC-TV18.

  • Cut base rate to be competitive; see FPO in'15: Bk of Maha

    Cut base rate to be competitive; see FPO in'15: Bk of Maha

    Bank of Maharashtra has cut base rate by 15 basis points to 10.25% with effect from December.

  • Bank of Maharashtra to sell Rs 520cr worth of NPAs

    Bank of Maharashtra to sell Rs 520cr worth of NPAs

    "By this month-end, we want to close the deal and come out of some of these problem accounts," executive director R Athmaram told CNBC-TV18's Sumaira Abidi and Reema Tendulkar.

  • Maha discom account won't hurt post tariff cut: Bank of Mah

    Maha discom account won't hurt post tariff cut: Bank of Mah

    With the announcement of a 20 percent cut in power tariff in Maharashtra, concerns were raised about the health of the banks which are lenders to MSEDCL.

  • Eyeing Rs 700-800 cr capital infusion by govt: Bank of Mah

    Eyeing Rs 700-800 cr capital infusion by govt: Bank of Mah

    Bank of Maharashtra's CVR Rajendran spoke to CNBC-TV18 regarding government capital infusion of Rs 14,000 crore for the public sector banks and what are his expectations from the same.

  • Bank of Maharashtra eyes Rs 2000cr capital infusion

    Bank of Maharashtra eyes Rs 2000cr capital infusion

    Bank of Maharashtra may opt for QIP route or follow on public issue if it doesn‘t receive the entire amount from the government

  • Need for deposit rate hike; see NIMs at 3%: Bank of Mah

    Need for deposit rate hike; see NIMs at 3%: Bank of Mah

    More than 30 percent of Bank of Maharashtra's deposits are in interest-sensitive deposits, which come to more than Rs 1 crore, and unless the cost of deposits is increased, the bank may not be in a position to retain these deposits

  • See FY14 credit growth around 16-18%: Bank of Maharashtra

    See FY14 credit growth around 16-18%: Bank of Maharashtra

    Since their bank's base is small the credit growth in percentage terms appears to be large. So, the credit growth for the bank will remain above industry but will moderate to 16-18 percent in FY14, says CVR Rajendran, ED, Bank of Maharashtra.

  • Bank of Maharashtra sees net interest margins at 3% ahead

    Bank of Maharashtra sees net interest margins at 3% ahead

    AS Bhatacharya, chairman and managing director, Bank of Maharashtra aims to maintain its net interest margins (NIMs) at 3% ahead.

  • Tier I capital to be 8% post infusion: Bank of Maharashtra

    Tier I capital to be 8% post infusion: Bank of Maharashtra

    In an interview with CNBC-TV18 Madukant Sanghvi, ED of Bank Of Maharashtra said, " With the help of this bank, we will be able to make 8% capital adequacy ratio in Tier I level and the total capital adequacy will cross 14.5%."

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