Bank Of Maharashtra
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Bank Of Maharashtra - Company Capsule
Reference Code: FS0181CC
Published Date: April 2011
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Bank Of Maharashtra - Company Capsule Page 1
Bank Of Maharashtra
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Bank Of Maharashtra - Company Overview
Bank of Maharashtra (BOM) is one of the leading public sector banks in India. The bank principally engages in providing
various financial services including deposit products, credit facilities, NRI services, banking services and add-on services.
The bank offers various deposit products which include current deposits, saving deposits, fixed deposits, recurring
deposits and other deposit schemes. The bank also provides educational loans, personal loans, consumer loans, vehicle
loans, home loans, term loans, overdrafts, guarantees, and letters of credit, as well as loans for agriculturists, corporate,
entrepreneurs, exporters, individuals, and professionals. BOM also offers a range of banking services include credit cards
, automated teller machines and locker facilities as well as services, including nonresident Indian accounts and trust
services. The bank operates through a network of 13,673 branches. The bank is headquartered in Pune, Maharashtra,
India.
Financial Performance
The company reported revenue of INR47,355.85 during the year 2010. The company's revenue grew at a CAGR of
17.32% during the period 2008-2010 with a year on year growth of 10.34% over fiscal year 2009. During the fiscal year
2010, its operating margin was 12.0151575782084% as against the operating margin of 11.94% in the fiscal year 2009.
During the fiscal year 2010, the company’s net profit margin was 9.28% as against the net profit margin of 8.77% in the
fiscal year 2009.
Bank Of Maharashtra - Key Facts
Bank Of Maharashtra, Key Facts
Lokmangal, Pune, , 411 005,
Ticker Symbol, Stock 532525 (Bombay Stock
Corporate Address: India Exchange)
Exchange
Telephone + 91 20 25511360 No. of Employees 13,673
Fax + 91 20 25513122 Financial Year End March
URL www.bankofmaharashtra.in Revenue (in INR Million) 47,355.85
Industry Construction , Financial Services Revenue (in USD Million) 969.41
Locations India
Source: Annual Report, Company Website, Primary and Secondary Research
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Bank Of Maharashtra
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Bank Of Maharashtra - Major Products and Services
Bank of Maharashtra is a public sector bank that offers various financial services such as deposit products, NRI services,
credit facilities, banking services and add-on services. Key products and services of the company include the following:
Bank Of Maharashtra, Major Products and Services
Products:
Deposit Products
Savings Deposit
Cumulative Deposit
Flexible Recurring Deposit
Floating Rate Deposit
Quarterly Interest Deposit
Services:
Banking services
Credit card
ATM
Lockers
Credit services
Educational loans
Personal loans
Vehicle loans
Consumer loans
Housing finance loans
Term loans
Overdrafts
Guarantees
Letters of credit
NRI services
Non Resident Indian Accounts
Non Resident External Accounts
Non-Resident Ordinary Account Foreign Currency
Resident Foreign Currency Account
Add-on services
DEMAT Services
Source: Annual Report, Company Website, Primary and Secondary Research
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Bank Of Maharashtra - Company Capsule Page 3
Bank Of Maharashtra
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Bank Of Maharashtra - Key Competitors
The following companies are the major competitors of Bank Of Maharashtra:
Bank of India
Central Bank of India
Indian Overseas Bank
Andhra Bank
Oriental Bank of Commerce
State Bank of India
Syndicate Bank Ltd
Vijaya Bank
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Bank Of Maharashtra - Company Capsule Page 4
Bank Of Maharashtra
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Bank Of Maharashtra - Key Employees
Bank Of Maharashtra, Key Employees
Name Job Title Board Level Since Age
General Manager - Planning &.
A.S. Banerjee Senior Management
Corporate Service
Allen C A Pereira Chairman, Managing Director Executive Board 59
Anand Kamalnayan
Director Non Executive Board 46
Pandit
B.K.Piparaiya General Manager Senior Management
Chittaranjan Patwari Director Non Executive Board 68
General Manager, Head-
Dilip. R. Harnagle Senior Management
Communications
Dinesh Shantilal Patel Director Non Executive Board 61
K. H. Waze General Manager Senior Management
M. C. Goyal General Manager Senior Management
M. V. Dhoble General Manager Senior Management
M.G. Sanghvi Director Executive Board 56
P S Vengurlekar General Manager Senior Management
R H Kulkarni General Manager Senior Management
S. D. Arya General Manager Senior Management
S. U. Deshpande Director Non Executive Board 49
S.H. Kocheta Director Non Executive Board 52
T Parameswara Rao Director Non Executive Board 59
V. R. Gupta General Manager, President Senior Management
V.E. Dalvi General Manager Senior Management
V.P. Bhardwaj Director Non Executive Board 54
V.Y.Chhapekar General Manager Senior Management
Source: Annual Report, Company Website, Primary and Secondary Research
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Bank Of Maharashtra
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Bank Of Maharashtra -