Bank of Maharashtra - Company Profile

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Bank of Maharashtra (BoM) is a provider of banking and financial solutions. The bank engages in offering savings and current accounts, recurring and fixed deposits, and various types of loans. Its major services include credit, debit, and gift cards, as well as loans for personal, housing, vehicle, and business needs. BoM acts as an insurance agent, providing bancassurance coverage for life and non-life risks. The bank serves a diverse customer base, including individuals, trusts, partnership firms, companies, and statutory bodies. It offers services through various schemes such as the senior citizen saving scheme and Pradhan Mantri Mudra Yojana. BoM operates primarily in India, with a focus on both retail and corporate banking segments. Bank of Maharashtra is headquartered in Pune, Maharashtra, India.

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Headquarters India

Address Lokmangal 1501 Shivajinagar, Pune, Maharashtra, 411005


Telephone 91 20 25532731

No of Employees 15,596

Industry Financial Services

Ticker Symbol & Exchange MAHABANK (NSE)

Revenue (2025) $3.8B -69.4% (2025 vs 2024)

EPS XYZ

Net Income (2025) XYZ -63.1% (2025 vs 2024)

Market Cap* $7.5B

Net Profit Margin (2025) XYZ 20.6% (2025 vs 2024)

* As of and is in US$
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Bank of Maharashtra premium industry data and analytics

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Bank of Maharashtra (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Bank of Maharashtra’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Accounts: Transfer and Payment
Savings Collection Services
Current Online Banking
XYZ XYZ
XYZ XYZ
XYZ XYZ
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Competitor Comparison

Key Parameters Bank of Maharashtra IndusInd Bank Ltd Indian Overseas Bank Yes Bank Ltd The Federal Bank Ltd
Headquarters India India India India India
City Pune Mumbai Chennai Mumbai Ernakulam
State/Province Maharashtra Maharashtra Tamil Nadu Maharashtra Kerala
No. of Employees 15,596 44,974 21,034 28,690 16,111
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Nidhu Saxena Managing Director; Chief Executive Officer; Director Executive Board 2024 58
Asheesh Pandey Director Executive Board 2021 55
Vijay Prakash Srivastava Chief Financial Officer; General Manager - FMA, Treasury, and Strategy Senior Management 2021 -
Prabhat Kiran Director Executive Board 2025 -
Divesh Dinkar Chief Compliance Officer; General Manager Senior Management - -
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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