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Bank of Maharashtra announced that the base rate of the bank is increased by 15 bps from 10.25% p.a. to 10.40% p.a. on monthly compounding basis, with effect from Apr. 21, 2014.
Bank of Maharashtra said that its board of directors has allotted 177 million shares of Rs 10 each at Rs 45.04 a share aggregating to Rs 7.99 billion to the Government of India on preferential allotment basis.
Bank of Maharashtra announce... More..