Bank of Maharashtra expects total business to cross Rs 3 lakh crore soon


Bank of Maharashtra expects total business to cross Rs 3 lakh crore soon

The bank has been a performer in various key parameters, including deposit mobilisation, credit growth, recovery, risk management etc, BoM managing director and CEO A S Rajeev told PTI. Despite challenging times, he said, the bank has consistently expanded its balance sheet and reduced non-performing assets (NPAs).

Addressing the 97th annual general meeting at Karnataka Bank's head office in Mangaluru through video conferencing, M S Mahabaleshwara said powered by its IT-driven wholistic transformation 'KBL Vikaas,' the bank is now preparing for the second phase under 'KBL NxT' concept to have end-to-end digital solutions for all banking activities.


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