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.
Headquarters
India
Address
Central Office, Lokmangal, 1501, Shivajinagar, Pune, Maharashtra, 411005
Website
www.bankofmaharashtra.in
Telephone
91 20 25532731
No of Employees
14,591
Industry
Financial Services
Ticker Symbol & Exchange
MAHABANK (NSE)
Revenue (2024)
$3.4B
20.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
36.1%
(2024 vs 2023)
Market Cap*
$6.3B
Net Profit Margin (2024)
XYZ
12.6%
(2024 vs 2023)
* As of and is in US$
Bank of Maharashtra premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Transfer and Payment |
| Savings | Collection Services |
| Current | Online Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
Competitor Comparison
| Key Parameters | Bank of Maharashtra | IndusInd Bank Ltd | Yes Bank Ltd | Indian Overseas Bank | The Federal Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Pune | Mumbai | Mumbai | Chennai | Ernakulam |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Tamil Nadu | Kerala |
| No. of Employees | 14,591 | 44,974 | 28,690 | 20,966 | 16,111 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nidhu Saxena | Chief Executive Officer; Managing Director; 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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