BoM in the process of raising 400 crores through QIP route
Shri. R. P. Marathe, Managing Director & CEO, Bank of Maharashtra announced the financial results for Quarter ended Sept 2017 along with Shri. R. K. Gupta, & Shri. A. C. Rout, Executive Directors of the Bank.
Announcing the Q2 results, Shri. Marathe added, “Bank of Maharashtra has showcased an all-round improvement in critical areas namely profitability and NPA management. The bank is now fully focused to increase its size of the balance sheet and assets. The government’s recapitalization plan will also support us to navigate Bank towards better profitability in the next two quarters.
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