Total Networth

153.41 Cr.

Formally incorporated in the year 1935, the Bank of Maharashtra is a public sector bank with its headquarters in the city of Pune. The bank provides a range of different banking and financial services to over 29 million customers within and outside of its home state of Maharashtra. In addition to providing banking services, the Bank of Maharashtra also invests in various domestic companies listed in the Indian stock market. The bank’s total investment net worth as of February 2024 is near around Rs. 45 crores. However, the entitys portfolio is very concentrated with just one company - SEPC Limited and Patel Engineering Limited, which operate in the cement & construction sector.