Bank of Maharashtra News

Bank of Maharashtra redeems ₹500 crore Tier II bonds

Bank of Maharashtra completed the full redemption of its Basel III Compliant Tier II bonds worth ₹500 crore on September 25, 2026. The bank also paid the final annual interest of ₹11.09 crore.

Bank unions propose 3-day strike on Sep 28–30, 2026

Bank unions have proposed a 3-day strike from September 28 to 30, 2026, which may cause disruptions at Bank of Maharashtra branches and offices if it materialises.

Bank of Maharashtra pays Tier II bond interest

Bank of Maharashtra paid ₹41.09 crore in annual interest on its Basel III compliant Tier II bonds. The payment was made on September 18, 2026, against an issue size of ₹515 crore.

Bank of Maharashtra raises $500M via notes

Bank of Maharashtra concludes issuance of USD 500 Million Senior Unsecured Fixed Rate Notes with a 5-year maturity and 6.112% coupon under its MTN Programme.

Bank of Maharashtra appoints Saurabh Kumar as GOI nominee director

Bank of Maharashtra has appointed Saurabh Kumar, Joint Secretary at DFS, as a Government of India nominee director on its board. He replaces Abhijit Phukon with immediate effect.