Bank of Maharashtra

Bank of Maharashtra News

Pune news: Bhimsen Joshi Sangeet Mahotsav to start on July 26, 2D echo centre inaugurated; and more

Pune news today: From Pt Bhimsen Joshi Sangeet Mahotsav starting on July 26 to Bank of Maharashtra completing 50 yrs of nationalisation, here's all that's making news this morning.

Pune: Court accepts closure report on three former Bank of Maharashtra officials

On June 20 last year, the Economic Offences Wing of Pune Police had arrested three BoM officials — the then Chairman and MD Ravindra Marathe, the then Executive Director Rajendra Gupta and former CMD Sushil Muhnot.

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RBI slaps Rs 1 crore fine on Bank of Maharashtra

This penalty has been imposed taking into account the failure of the bank to adhere to directions issued by the RBI, the central bank said in a statement.

Bank of Maharashtra reinstates its CEO, executive director after clean chit in fraud case

Marathe, Gupta and former CEO and MD Sushil Muhnot were arrested by the Pune City Police on June 20 in connection with the Rs 2,043-crore fraud case against Pune-based DSK Group.

DSK Group ‘fraud’: Police did not consult me before filing closure report, says special public prosecutor

Police on Saturday filed a closure report against Marathe, Gupta and Muhnoot under Section 169 of the Criminal Procedure Code, saying they did not find any evidence of criminal intent against them.

DSK Group ‘fraud’: ‘Pune Police did not consult me before filing closure report’

“Report of investigating officer has been seen by and discussed with the Special Public Prosecutor before submission. Now the matter is sub judice,” said K Venkatesham, Pune Police Commissioner.

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Pune: Bank of Maharashtra CEO and MD Ravindra Marathe granted bail in DSK case

Marathe was among the six persons arrested on June 20 in connection with the Rs 2043 crore fraud case against Pune-based DSK group.

DSK cheating case: Bank of Maharashtra CEO’s bail plea to be heard today, Sharad Pawar says arrest impulsive

Ravindra Prabhakar Marathe Marathe, his predecessor Sushil Muhnot in Bank of Maharashtra were arrested by the Economic Offences Wing of Pune City Police in connection with the investigation into cases of cheating and fraud by the city-based DSK Group.

Police say no longer need custody of arrested Bank of Maharashtra CEO

Bank of Maharashtra CEO Ravindra Prabhakar Marathe, his predecessor Sushil Muhnot, and two other senior officials of the Bank of Maharashtra were arrested by the Economic Offences Wing of the Pune Police on June 20.

‘Bank of Maharashtra arrests an aberration, state should have taken nod of Centre’

On Monday, the finance ministry official said the IBA did not protest but only highlighted their concerns.

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