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An update from Bank of Maharashtra ( (IN:MAHABANK) ) is now available.
Bank of Maharashtra has announced the amalgamation of two Regional Rural Banks, Maharashtra Gramin Bank and Vidharbha Konkan Gramin Bank, into a single entity named Maharashtra Gramin Bank. This move, effective from May 1, 2025, is expected to streamline operations and enhance the bank’s presence in the state of Maharashtra, potentially improving service delivery and operational efficiency for stakeholders.
More about Bank of Maharashtra
Bank of Maharashtra operates in the banking industry, primarily offering financial services and products. It focuses on regional banking services and is involved in sponsoring regional rural banks to enhance financial inclusion in rural areas.
YTD Price Performance: -17.09%
Average Trading Volume: 857,542
Current Market Cap: 358.4B INR
Learn more about MAHABANK stock on TipRanks’ Stock Analysis page.