Bank of Maharashtra

July 6 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA - TOTAL GLOBAL ADVANCES AS OF JUNE 30 UP 27% Y/Y

• BANK OF MAHARASHTRA- TOTAL DEPOSITS AS OF JUNE END UP 13% YOY

Source text: ID:nBSE8GZy8b

Further company coverage: BMBK.NS

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June 16 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA - REVISED ONE-YEAR MCLR TO 8.95% FROM 8.85%

Source text: ID:nnAZN4T2LOD

Further company coverage: BMBK.NS

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April 30 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA- 1 YEAR MCLR UNCHANGED AT 8.85%

Source text: ID:nnAZN4STPH7

Further company coverage: BMBK.NS

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**Shares of Bank of Maharashtra BMBK.NS rise as much as 6.47% to 80.43 rupees apiece, highest since November 2010

**Stock last up 4.7% at 79.1 rupees

**Bank's March-qtr profit rises nearly 35% to 20.14 billion rupees ($215.86 million)

**Multiple brokerages such as ICICI Direct, HDFC Institutional Research and Systematix term the quarterly performance strong, calling all-round credit growth, steady deposit growth and improving asset quarterly positives

**More than 40.7 million shares change hands vs 30-day average of 20.8 million shares

**YTD, stock up 27.2%

($1 = 93.3000 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

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April 20 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA - RECOMMENDS FINAL DIVIDEND OF 1.20 RUPEE PER SHARE

• BANK OF MAHARASHTRA MARCH-QUARTER NET PROFIT 20.14 BILLION RUPEES

• BANK OF MAHARASHTRA MARCH-QUARTER GROSS NPA 1.45%

• BANK OF MAHARASHTRA - TO RAISE CAPITAL UP TO 75 BILLION RUPEES VIA EQUITY AND BONDS

• BANK OF MAHARASHTRA MARCH-QUARTER INTEREST EARNED 77.55 BILLION RUPEES

• BANK OF MAHARASHTRA - TO ISSUE FOREIGN CURRENCY BONDS UP TO $500 MILLION DURING FY2026-27

• BANK OF MAHARASHTRA MARCH-QUARTER PROVISIONS AND CONTINGENCIES 6.17 BILLION RUPEES

• BANK OF MAHARASHTRA - TO ISSUE LONG-TERM INFRA BONDS UP TO 100 BILLION RUPEES DURING FY2026-27

• BANK OF MAHARASHTRA MARCH-QUARTER PROVISIONS FOR NPA 6.64 BILLION RUPEES

Source text: ID:nBSE3FqZMK

Further company coverage: BMBK.NS

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March 17 (Reuters) - Mangalam Drugs And Organics MADR.NS:

• DEFAULTED ON LOAN OBLIGATIONS TO BANK OF BARODA, BANK OF MAHARASHTRA

Source text: ID:nnAZN4SLOGL

Further company coverage: BMBK.NS

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March 12 (Reuters) - India's financial crimes agency has frozen 5.82 billion rupees ($63.07 million) worth of properties linked to Reliance Home Finance Limited RLIC.NS and Reliance Commercial Finance, the Enforcement Directorate said on Thursday.

• The move followed search operations conducted on March 6 in the case of Reliance Power Limited RPOL.NS under the foreign-exchange regulation law.

• With this, the cumulative Reliance Anil Ambani Group attachment has reached 163.10 bln rupees.

• ED said it began the probe on July 22, 2025 based on multiple FIRs from the Central Bureau of Investigation involving cheating and criminal conspiracy, following complaints by Yes Bank YESB.NS, Union Bank of India UNBK.NS and Bank of Maharashtra BMBK.NS.

• The agency said Reliance Home Finance and Reliance Commercial Finance raised over 110 billion rupees in public funds from banks.

• It found public funds were diverted to various Reliance Group companies through numerous shell entities controlled by the Anil Ambani-led group.

• ED said it is pursuing those involved and working towards recovering the diverted funds for rightful claimants and further investigation is ongoing.

• A query sent to Anil Ambani's Reliance group was not immediately answered.

($1 = 92.2770 Indian rupees)

(Reporting by Nikunj Ohri and Meenakshi Maidas in Bengaluru; Editing by Krishna Chandra Eluri)

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Jan 23 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA - UNITED FORUM OF BANK UNIONS PROPOSED ONE DAY STRIKE ON 27.01.2026

• BANK OF MAHARASHTRA - IF STRIKE MATERIALIZES, FUNCTIONING OF BRANCHES, OFFICES MAY BE AFFECTED

Source text: ID:nBSERYvFX

Further company coverage: BMBK.NS

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Jan 13 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA DIVIDEND 1 RUPEEPER SHARE

• BANK OF MAHARASHTRA DEC-QUARTER NET PROFIT 17.79 BILLION RUPEES

• BANK OF MAHARASHTRA DEC-QUARTER GROSS NPA 1.6%

• BANK OF MAHARASHTRA Q3 INTEREST EARNED 73.44 BILLION RUPEES

• BANK OF MAHARASHTRA Q3 PROVISIONS AND CONTINGENCIES 7.28 BILLION RUPEES

• BANK OF MAHARASHTRA Q3 PROVISIONS FOR NPA 6.6 BILLION RUPEES

Source text: ID:nBSE2cThSz

Further company coverage: BMBK.NS

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Jan 5 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• PROVISIONAL TOTAL DEPOSITS UP 15.30% Y/Y AS ON DEC 31

• PROVISIONAL GLOBAL ADVANCES UP 19.6% YOY AS ON DEC 31

Source text: ID:nnAZN4RQRT0

Further company coverage: BMBK.NS

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Sept 29 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• ONE YEAR MCLR REVISED TO 8.85%

Source text: ID:nBSE7TqyHB

Further company coverage: BMBK.NS

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July 15 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA LTD - HOLDS COVID-19 PROVISION OF 12 BILLION RUPEES AS OF JUNE 30

• BANK OF MAHARASHTRA JUNE-QUARTER NET PROFIT 15.93 BILLION RUPEES

• BANK OF MAHARASHTRA JUNE-QUARTER GROSS NPA 1.74%

• BANK OF MAHARASHTRA JUNE-QUARTER INTEREST EARNED 70.54 BILLION RUPEES

• BANK OF MAHARASHTRA JUNE-QUARTER PROVISIONS AND CONTINGENCIES 8.67 BILLION RUPEES

• BANK OF MAHARASHTRA JUNE-QUARTER PROVISIONS FOR NPA 7.19 BILLION RUPEES

Source text: ID:nBSE3PYsV6

Further company coverage: BMBK.NS

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July 4 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• TOTAL DEPOSITS UP 14.08% Y/Y AS OF JUNE 30

• AS ON JUNE 30 GROSS ADVANCES UP 15.36% Y/Y

Source text: ID:nBSE7HGDnp

Further company coverage: BMBK.NS

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April 30 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA LTD - TRANSFERS 4.50 BILLION RUPEES TO BANK OF INDIA

Source text: ID:nBSE1NXWmP

Further company coverage: BMBK.NS

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** Shares of Bank of Maharashtra BMBK.NS rise as much as 5% to 45.78 rupees amid a broad market .NSEI rebound

** Government-owned lender says its total deposits grew 13.45% Y/Y as of March 31 while gross advances rose 17.84%

** BMBK is among top pct gainers on Nifty Public Sector Bank index .NIFTYPSU, which is up 1.9%

** YTD, BMBK down 15% vs 5.2% fall by Nifty Public Sector Bank index

(Reporting by Ashish Chandra in Bengaluru)

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Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA LTD - RECEIVES ADMINISTRATIVE WARNING FROM SEBI

• BANK OF MAHARASHTRA LTD - NO FINANCIAL OR OPERATIONAL IMPACT REPORTED

Source text: ID:nBSE6L0LlC

Further company coverage: BMBK.NS

NEW DELHI, Feb 25 (Reuters) - India has invited bids to appoint merchant bankers and legal advisers to sell the government's minority shareholding in select public sector banks and financial companies.

The government is looking to undertake minority stake sales in state-run banks and financial firms through an offer for sale, according to a document published on Monday on the Department of Investment and Public Asset Management's website, which did not name the lenders.

The federal finance ministry is looking dilute minority shareholdings in Central Bank of India CBI.NS, Indian Overseas Bank IOBK.NS, UCO Bank UCBK.NS, and Punjab and Sind Bank PUNA.NS, Reuters reported in November.

The plan to lower the government’s stake in banks and financial companies is required to comply with public shareholding norms mandated by the markets regulator.

The Securities and Exchange Board of India requires companies to maintain a 25% public shareholding, but has exempted government-owned firms from meeting these norms till August 2026.

The Indian government owns more than 93% in Central Bank of India, 96.4% in Indian Overseas Bank, 95.4% in UCO Bank and 98.3% in Punjab and Sind Bank. It also owns an 80% stake in Bank of Maharashtra BMBK.NS.

In the past, public sector banks launched qualified institutional placements (QIP) to raise capital, which, in turn, reduced the government's stake in state-run banks.

Merchant bankers and legal advisers will be appointed for three years and are required to submit their bids by March 27, the document said.

India has ditched its ambitious privatisation plans and put on hold a majority stake sale in at least nine state-owned units after opposition from relevant ministries.

Instead, it is continuing with minority stake sales in state-run companies. As of February, the government mopped up 86.25 billion rupees ($993.2 million) via stake sales in the 2024-25 financial year.

($1 = 86.8420 Indian rupees)

(Reporting by Nikunj Ohri; Editing by Sonia Cheema)

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By Dharamraj Dhutia and Khushi Malhotra

MUMBAI, Feb 18 (Reuters) - Fundraising through infrastructure bonds is set to become more expensive for Indian lenders that have used them to raise record funds as investors demand higher returns amid increased debt supply.

Domestic lenders have raised a record 892 billion rupees ($10.26 billion) in this financial year, with some, including State Bank of India, likely to tap this route before the fiscal year ends in March.

"Over the last month, demand from long-term investors has been weak, resulting in widening of spreads in the long-term corporate bond segment," said Ketan Parikh, head of fixed income at ICICI Prudential Life Insurance.

Rising debt issuances, especially by banks and other long-term issuers, have also led to spreads widening between corporate and government bond yields, he added.

State-run Bank of Maharashtra, Punjab National Bank and Bank of India have raised a total of 72.52 billion rupees, about 55% of their 130 billion-rupee target, including greenshoe options.

The lenders have also had to pay a higher premium over the corresponding maturity government bond yield compared to their previous debt issuance.

In July, Bank of India sold 10-year infra bonds at a spread of 56 basis points above the 10-year benchmark bond yield, while Bank of Maharashtra raised funds at a spread of 85 bps over the benchmark yield. Both lenders had to pay an additional spread of 15 bps for the sale.

None of the lenders responded to Reuters' emails seeking comment.

"Large institutional investors, having met their minimum regulatory investment requirements, are now demanding higher yields amid expectations of a substantial state debt supply through March," said Venkatakrishnan Srinivasan, founder and managing partner at debt advisory firm Rockfort Fincap.

Indian states are scheduled to borrow 2.25 trillion rupees in the last five weeks of the financial year.

While yields in the secondary market have gone up by 6-8 bps since the central bank's rate cut decision earlier this month, investors are constantly bidding at higher levels for new debt placements.

Along with the lenders, other state-run companies such as REC, PFC, NABARD and IIFCL, closed their issues recently without meeting their targets, signalling overall investor fatigue.

Indian lenders unable to raise planned quantum despite paying higher yields:

($1 = 86.9190 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

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MUMBAI, Feb 17 (Reuters) - India's Bank of Maharashtra BMBK.NS has accepted bids worth 16.12 billion rupees ($185.7 million) for infrastructure bonds maturing in 10 years, three bankers said on Monday.

The state-run lender will pay an annual coupon of 7.70% to the investors of this issue and had invited coupon and commitment bids earlier in the day, they said.

The lender did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on February 17:

*Size includes base plus greenshoe for some issues

($1 = 86.8200 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)

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MUMBAI, Feb 13 (Reuters) - India's Bank of Maharashtra BMBK.NS plans to raise 30 billion rupees ($345.5 million), including a greenshoe option of 25 billion rupees, through the sale of infrastructure bonds maturing in 10 years, three bankers said on Thursday.

The state-run lender has invited coupon and commitment bids for the issue on Monday, they said.

The lender did not immediately reply to a Reuters email seeking comment.

Here is the list of deals reported so far on February 13

*Size includes base plus greenshoe for some issues

($1 = 86.8320 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Sumana Nandy)

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Jan 15 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• DEC-QUARTER NET PROFIT 14.06 BILLION RUPEES

• DEC-QUARTER GROSS NPA 1.8%

• DEC-QUARTER INTEREST EARNED 63.25 BILLION RUPEES

• DEC-QUARTER NET NPA 0.2%

• DEC-QUARTER PROVISIONS AND CONTINGENCIES 8.41 BILLION RUPEES

• DEC-QUARTER PROVISIONS FOR NPA 5.93 BILLION RUPEES

Further company coverage: BMBK.NS

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** Bank of Maharashtra's BMBK.NS stock jumps 4.7% to 55.23 rupees - biggest jump in two months

** Government-owned lender is top pct gainer on Nifty Public Sector Bank index .NIFTYPSU, which is up 1.6%

** BMBK says its deposits grew 13% as of end-Dec, while gross advances grew 21%

** BMBK rose ~16% in 2024, just ahead of public sector bank stocks' gains of 14.5%

(Reporting by Nandan Mandayam in Bengaluru)

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Jan 2 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA - TOTAL BUSINESS UP 16.87% Y/Y ON DEC END

• BANK OF MAHARASHTRA - TOTAL DEPOSITS UP 13.54% Y/Y ON DEC-END

Source text: ID:nBSEByZ9g

Further company coverage: BMBK.NS

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Oct 10 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• TOTAL DEPOSITS UP 15.46% Y/Y AS OF SEPT 30

• GROSS ADVANCES UP 18.73% Y/Y AS OF SEPT 30

Source text for Eikon: ID:nBSE3yXbxd

Further company coverage: BMBK.NS

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Sept 30 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• APPROVED FLOOR PRICE OF 60.37 RUPEES PER SHARE FOR QIP

Source text for Eikon: ID:nBSEbFDkfl

Further company coverage: BMBK.NS

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Aug 22 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• AIBEA, AIBOMEF GAVE CALL FOR ONE DAY STRIKE ON AUG 28

Source text for Eikon: [ID:]

Further company coverage: BMBK.NS

(Reporting by VijayDattaram Malkar)

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Aug 1 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• BANK OF MAHARASHTRA - GETS TOTAL BIDS OF 13.90 BILLION RUPEES FOR ITS LONG TERM INFRA BONDS

• BANK OF MAHARASHTRA - ACCEPTED BID OF 8.11 BILLION RUPEES FOR LONG TERM INFRA BONDS

Source text for Eikon: ID:nBSE76Cv0B

Further company coverage: BMBK.NS

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MUMBAI, July 30 (Reuters) - India's Bank of Maharashtra BMBK.NS plans to raise up to 30 billion rupees ($358.27 million), including a greenshoe of 25 billion rupees, through its first issue of infrastructure bonds maturing in 10 years, three bankers said.

The state-run bank has invited coupon and commitment bids for the issue on Thursday, they said.

Earlier this month, the bank had raised 10 billion rupees via Basel III compliant tier II bonds maturing in 10 years at a coupon of 7.89%.

Here is the list of deals reported so far on July 30:

*Size includes base plus greenshoe for some issues

($1 = 83.7350 Indian rupees)

(Reporting by Bhakti Tambe and Dharamraj Dhutia)

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July 18 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• APPROVED RAISING LONG TERM BONDS UP TO 100 BILLION RUPEES

• APPROVED RAISING LONG TERM BONDS DURING FY24-25

Further company coverage: BMBK.NS

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July 15 (Reuters) - Bank of Maharashtra Ltd BMBK.NS:

• JUNE-QUARTER NET PROFIT 12.93 BILLION RUPEES

• JUNE-QUARTER GROSS NPA 1.85%

• JUNE-QUARTER INTEREST EARNED 58.75 BILLION RUPEES

• JUNE-QUARTER PROVISIONS AND CONTINGENCIES 9.50 BILLION RUPEES

• JUNE-QUARTER PROVISIONS FOR NPA 5.86 BILLION RUPEES

• JUNE-QUARTER NET NPA 0.2%

Source text for Eikon: [ID:]

Further company coverage: BMBK.NS

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