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Sharad Pawar’s Grandnephew Rohit Reaches ED Office To Appear In Maharashtra Bank Scam Case Today
ABP News Bureau
Updated at:
24 Jan 2024 11:25 AM (IST) …
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Category: Bank of Maharashtra
NCP Chief Sharad Pawar Grandnephew Rohit ED Appearance Maharashtra Bank Scam Case Today
#WATCH | NCP chief Sharad Pawar and NCP working president Supriya Sule arrive at the party office in Mumbai. NCP-Sharad Pawar faction leader Rohit Pawar has been summoned by the ED to appear before the agency today in connection with the Maharashtra State Cooperative (MSC) Bank… pic.twitter.com/zVdUBVczb7
— ANI (@ANI) January 24, 2024
Speaking on summons against Rohit Pawar, Supriya Sule said, “If we have not done anything wrong, there is no question of coming under the pressure of investigations.”
#WATCH | NCP working president Supriya Sule says “If we have not done anything wrong, there is no question of coming under the pressure of investigations…”…
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Sharad Pawar's grandnephew to appear before probe agency in Maharashtra bank case – India Today
Sharad Pawar’s grandnephew to appear before probe agency in Maharashtra bank case India Today
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Bank of Maharashtra Plans QIP, Aims to Raise Capital for Future Growth
Bank of Maharashtra has received board approval for a qualified institutional placement (QIP) of shares, with a floor price set at Rs.29.98 per share. The floor price represents a discount of 4.33% from the bank’s Thursday closing price of Rs. 31.34 on the BSE.The bank has not disclosed the exact amount of funds to be raised through the QIP in its announcement to the stock exchanges.In April, the Bank of Maharashtra announced its plans to raise capital for the fiscal year 2023-24, aiming to secure up to Rs.7,500 crore through various methods, including follow-on-public offers, QIP, and preferential issues.Bank of Maharashtra has recently emerged as the…
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Bank of Maharashtra gives credit sanction letters worth ₹270 crore in NCR
Bank of Maharashtra (BoM) expects good demand for retail, agriculture and MSME (RAM) loans in the National Capital Region (NCR). The public sector lender on Monday handed out credit sanction letters of about ₹270 crore to RAM segment beneficiaries in the National Capital Region (NCR).The sanction letters were handed out by Executive Director Asheesh Pandey at a customer connect and outreach event in the Capital.Pandey said the outreach programme had led to the opening of 1,129 CASA accounts. Moreover, a number of customers had enrolled in social security schemes, including 2082 Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), 3314 Pradhan Mantri Suraksha Bima Yojana (PMSBY) and…
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Centre extends term of office of BoM and CBoI Chiefs
The Central Government has extended the term of office of the chiefs of the Bank of Maharashtra (BoM) and the Central Bank of India (CBoI).BoM, in a regulatory filing, said that the Department of Financial Services (DFS), Ministry of Finance (MoF), has notified that the Central Government has extended the term of office of AS Rajeev, MD and CEO of the Bank, beyond his current notified term, which expires on December 1, 2023, till the date of his superannuation — that is, May 31, 2024, or until further orders, whichever is earlier.Rajeev took charge as BoM chief in December 2018.In a regulatory filing, the CBoI said the DFS, MoF, has extended the term of office of…
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Bank Of Maharashtra Presents Dividend Cheque Of Rs 795.94 Crore To Finance Minister – Outlook India
Bank Of Maharashtra Presents Dividend Cheque Of Rs 795.94 Crore To Finance Minister Outlook India
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RBI Imposes Rs2.50 Crore Penalty on J&K Bank, Rs1.45 Crore on Bank of Maharashtra and Rs30 Lakh on Axis Bank
The Reserve Bank of India (RBI) has imposed a total penalty of Rs4.25 crore on Jammu and Kashmir Bank Ltd (J&K Bank), Bank of Maharashtra (BoM) and Axis Bank Ltd for non-compliance with certain provisions of the RBI directions. The maximum penalty of Rs2.50 crore has been imposed on J&K Bank, followed by Rs1.45 crore on BoM and Rs30 lakh on Axis Bank. The central bank imposed a penalty of Rs2.50 crore on J&K Bank for non-compliance with certain directions issued by RBI on the creation of a central repository of large common exposures-across banks, read with the central repository of information on large credits (CRILC)—revision in reporting, loans, and advances—statutory and other…
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Bank of Maharashtra’s Q1FY24 net profit vaults 95% to ₹882 crore – BusinessLine
Bank of Maharashtra’s Q1FY24 net profit vaults 95% to ₹882 crore BusinessLine
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Bank of Maharashtra cuts home, car loan interest rates
Providing relief to borrowers and perhaps heralding a lower interest rate regime, Bank of Maharashtra (BoM), has announced to reduce its home loan interest rate to 8.50% (earlier 8.60%) & car loan interest rate to 8.70% (earlier 8.90%) with effect from August 14, 2023.This follows the 3rd rate hike pause by the Reserve Bank earlier this week. “The processing fees are also waived in home & car loan schemes. This dual benefit of reduced interest rates and waiver of processing fees in home and car loan is a testament of bank’s commitment to alleviate financial burden for its customers and support their financial journey,” the bank said in a statement.“In the current high-interest…
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