Bank of Maharashtra is currently trading at Rs. 19.55, up by 0.05 points or 0.26% from its previous closing of Rs. 19.50 on the BSE.
The scrip opened at Rs. 19.50 and has touched a high and low of Rs. 19.75 and Rs. 19.45 respectively. So far 336499 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 31.95 on 07-Jun-2021 and a 52 week low of Rs. 12.10 on 30-Dec-2020.
Last one week high and low of the scrip stood at Rs. 20.05 and Rs. 19.10 respectively. The current market cap of the company is Rs. 13124.47 crore.
The promoters holding in the company stood at 90.97%, while Institutions and Non-Institutions held 3.82% and 5.21% respectively.
Bank of Maharashtra has entered into a strategic Co-Lending Partnership with MAS Financial Services to offer loans to MSME borrowers under priority sector, subject to the compliance with the applicable law(s) including the applicable guidelines issued by Reserve Bank of India (RBI).
The participation by both the entities in this co-lending arrangement will result in greater expansion of portfolio by Bank of Maharashtra & MAS Financial Services. This Co-lending arrangement is expected to help both the entities to offer convenient experience & customer delight to their customers as well as help expand their reach across India.
Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The Bank also offers services to agricultural and SME sectors.
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