Bank of Maharashtra hikes BPLR by 25 basis points

BoM,which started its business operations on February 8,1936 in Pune,was nationalised in 1969 and has been playing a vital role in contributing its mite to the development of the Indian economy,officials said.

Popular as Mahabank,the bank has been in the forefront of public sector banks in giving banking services to customers through state-of-the-art technology.

All the branches of the bank are under core banking. Bank has provided the service of “View Tax Credit” facility to all its over 80,000 internet banking users. The net banking users can also view their Demat account details,BoM officials said. On its Annual Day,the bank has also commenced registration for AADHAR,the Unique Identification Number as a registrar to UIDAI,at the hands of the chairman and managing director,A S Bhattacharya,who enrolled first.

At a function held at the bank’s Central Office in Pune,the executive director M G Sanghvi,and all top executives of the bank attended and enrolled for Aadhaar.

As part of the Customer Day celebration,all the branch managers and regional managers were available to meet the customers at the branches and the regional offices. At the Central Office,all the executives were available to meet the customers directly from 10 am to 5 pm.

Customers from various places had a direct meeting with the Chairman & Managing Director through videoconferencing arranged at regional offices of the bank from 4 to 5 pm.