SLOW AND STEADY
Business Today India|February 05, 2023
Bank of Maharashtra is taking slow but focussed steps towards enhancing its nationwide presence
ASHISH RUKHAIYAR
SLOW AND STEADY

Around five years ago, Pune-headquartered Bank of Maharashtra was grap-pling with a huge bad debt burden—with net non-performing assets of 11.76 per cent—and capital concerns, and the Reserve Bank of India had put it under the prompt corrective action (PCA) framework.

But a look at the bank now makes it difficult to believe that it was under the regulatory lens just a few years ago. In fact, it has emerged as the Best Mid-sized Indian Bank in the BT-KPMG Best Banks and Fintechs Survey 202122. Mid-sized banks are those with a balance sheet size of ₹1-3 lakh crore, per the study.

هذه القصة مأخوذة من طبعة February 05, 2023 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة February 05, 2023 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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