Bank of Maharashtra has subscribed to 50,000 shares of India Debt Resolution Company (IDRCL) (pending execution of investment agreement).
Bank of Maharashtra Investment of equity stake of 6.21% by bank to be reduced to 4.00% by March 31, 2022. Cash consideration computed as purchases shares multiplied by purchase price per share.
Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc.
The Bank also offers services to agricultural and SME sectors.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
