Bank of Maharashtra
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BSE & NSE:MAHABANK
Capital Markets and allied industries
|Headquarters||Bank of Maharashtra,
SHRI NARENDRA SINGH , ChairmanSHRI C VR Rajendran , Executive Director
|Products||Loans, Credit Cards, Savings, Investment vehicles etc.|
|Revenue||60939.4 million (US$1.1 billion)|
|Total assets||Rs. 481 bn|
Bank of Maharashtra (Marathi: बँक ऑफ महाराष्ट्र) is the premier bank of Maharashtra, operating in the country of India. Registered on 16 September 1935 with an authorised capital of Rs 1 million and commenced business on 8 February 1936.
Known as a common man's bank since inception, its initial help to small units has given birth to many of today's industrial houses. After nationalisation in 1969, the bank expanded rapidly. The Bank has the largest network of branches by any Public sector bank in the state of Maharashtra.
The Bank was founded by a group of visionaries led by the late V. G. Kale and the late D. K. Sathe and registered as a Banking Company on 16 September 1935 at Pune. Today, Bank of Maharashtra has over 15 million customers across the length and breadth of the country served through 1711 branches in 28 states and 2 union territories.
The Autonomy 
The Bank attained autonomous status in 1998. It helps in giving more and more services with simplified procedures without intervention of Government.
Other Attributes 
Bank is the convener of State level Bankers committee. Bank offers Depository services and Demat facilities at 131 branches. Bank has a tie up with LIC of India and United India Insurance company for sale of Insurance policies. Bank has acheived 100% CBS enabling anytime anywhere banking to its customers.
it's logo is made of the following items 1.the DEEPMAL-with it's many lights rising to greater heights 2.the PILLAR-our institution symbolising strength 3.the diyas- our branches symbolising services 4.the three M's symbolising --mobilisation of money --modernisation of methods and --motivation of staff
See also 
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