Bank of Maharashtra - Company Profile
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Bank of Maharashtra (BoM) is a provider of banking and related financial solutions. Adequate capital, adequate liquidity, digital transformation and operational network are its major strengths; even as decline in non-interest income could be a cause for concern. Strategic initiatives, regulatory changes and growing market for payment channels in India may provide ample growth opportunities to the bank. However, competition, risks related to identity theft and hacking, and emergence of neobanks could pose various challenges to the bank.
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