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BoM records highest growth in deposit mobilization
Out of 12 public sector banks, only BoM and SBI could log a double-digit growth in deposits in Q3 ended December 2023
Bank of Maharashtra shines in NPA care
Optimising Bad Loans: Its non-performing assets (NPAs) below 0.25% in FY23 followed by HDFC Bank, Kotak Mahindra Bank, SBI and BoB
BoM tops PSU lenders chart in profit and loan growth in FY23
The Pune-headquartered lender recorded highest growth in profitability with bottom line growing almost 126% to Rs 2,602 crore during the year
PSBs net crosses Rs 1 lakh cr in FY23
India’s largest lender SBI accounts for 50% of cumulative profit of Rs1.04 lakh cr in FY23 as against Rs66,539.98 cr in FY22; 12 PSBs incurred losses...
CBI court sentences 10 accused in bank fraud
A Special CBI court in Hyderabad has awarded varying jail terms to ten accused in connection with a bank fraud case.
Bankers to stage nationwide protest on Nov 19
The strike is in protest against targeted victimisation of bankers for being active in union: AIBEA
Banks on fund-raising spree as demand for credit zooms
Credit growth rate almost doubles due to ongoing encouraging festive and Kharif crop seasons
Bank of Maharashtra's Q4 profit doubles to Rs 355 cr
However, total income of the bank was down at Rs 3,948.48 cr in the CY Q4, as against Rs 4,334.98 cr in the same quarter of previous year
