Maharashtra Bank

The Reserve Bank of India (RBI) today has cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited, saying that the Solapur-based lender does not have adequate capital and earning prospects and and it does not comply with regulations.

The manager of a leading bank in Ramdaspeth in Nagpur was duped of Rs 40 lakh by a man who posed as a functionary of a firm that had an account with the branch, a police official said on Sunday.

A bank in Latur in Maharashtra was looted of Rs 27 lakh cash and ornaments worth Rs 22 lakh on Monday morning, a police official said.

Largest private sector lender HDFC Bank on Thursday said it will hire over 3,000 people in Maharashtra this fiscal as it looks to expand its network in the state.

As many as 28,000 saplings were planted on Sunday on the banks of the Manjara river in Maharashtra's Latur district with students and others from 14 villages forming a human chain extending up to 10 km during the special drive.

It was meant to be a Rs 34 crore heist wherein thieves stole cash from a private bank's vault in Thane district and dropped the cash stuffed bags down the AC duct, but they could decamp with only Rs 12.20 crore.

The Reserve Bank in a statement said it has imposed penalty on three cooperatives banks for deficiencies in regulatory compliance. The three cooperative banks include, The Maharashtra State Co-operative Bank; The Nasik Merchant's Co-operative Bank;

In terms of fraudulent activities, the countrys largest lender State Bank of India (SBI) topped the list with 14,431 cases

Maharashtra will set up a Rs.200 crore fund to invest in deep tech startups from the state, which are preferably led by women. The principal secretary for employment, entrepreneurship and innovation department, Manisha Verma also said the state is mulling to launch a seed fund for startups, but did not share details of the same. 

Justice DY Chandrachud and Justice Surya Kant took note of the Madhya Pradesh High Court order and said that there is nothing wrong with directing Bank of Maharashtra accept the One Time Settlement (OTS) proposal of farmers.

Reserve Bank of India has imposed a penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions

Maharashtra BJP leader Pravin Darekar appeared before Mumbai police on Monday to record his statement for the second time in a case of alleged false declaration in connection with a bank poll.

Maharashtra SSC Board: The question banks on the official website of the board -- maa.ac.in, will enable a candidate to check and practice and get to know what topics might be asked in the board exam 2022.

Maharashtra SSC, HSC Exams 2022: Candidates appearing for the MSBSHSE Class 10 and Class 12 exams can download the question banks through the official website-- maa.ac.in.

Former director of Punjab and Maharashtra Cooperative (PMC) Bank Daljit Singh Bal was apprehended by the Mumbai police's Economic Offences Wing (EOW) in Bihar, an official said on Thursday.

The Reserve Bank of India (RBI) today has cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited, saying that the Solapur-based lender does not have adequate capital and earning prospects and and it does not comply with regulations.

The manager of a leading bank in Ramdaspeth in Nagpur was duped of Rs 40 lakh by a man who posed as a functionary of a firm that had an account with the branch, a police official said on Sunday.

A bank in Latur in Maharashtra was looted of Rs 27 lakh cash and ornaments worth Rs 22 lakh on Monday morning, a police official said.

Largest private sector lender HDFC Bank on Thursday said it will hire over 3,000 people in Maharashtra this fiscal as it looks to expand its network in the state.

As many as 28,000 saplings were planted on Sunday on the banks of the Manjara river in Maharashtra's Latur district with students and others from 14 villages forming a human chain extending up to 10 km during the special drive.

It was meant to be a Rs 34 crore heist wherein thieves stole cash from a private bank's vault in Thane district and dropped the cash stuffed bags down the AC duct, but they could decamp with only Rs 12.20 crore.

The Reserve Bank in a statement said it has imposed penalty on three cooperatives banks for deficiencies in regulatory compliance. The three cooperative banks include, The Maharashtra State Co-operative Bank; The Nasik Merchant's Co-operative Bank;

In terms of fraudulent activities, the countrys largest lender State Bank of India (SBI) topped the list with 14,431 cases

Maharashtra will set up a Rs.200 crore fund to invest in deep tech startups from the state, which are preferably led by women. The principal secretary for employment, entrepreneurship and innovation department, Manisha Verma also said the state is mulling to launch a seed fund for startups, but did not share details of the same. 

Justice DY Chandrachud and Justice Surya Kant took note of the Madhya Pradesh High Court order and said that there is nothing wrong with directing Bank of Maharashtra accept the One Time Settlement (OTS) proposal of farmers.

Reserve Bank of India has imposed a penalty of Rs 1.12 crore on Bank of Maharashtra for non-compliance with certain directions

Maharashtra BJP leader Pravin Darekar appeared before Mumbai police on Monday to record his statement for the second time in a case of alleged false declaration in connection with a bank poll.

Maharashtra SSC Board: The question banks on the official website of the board -- maa.ac.in, will enable a candidate to check and practice and get to know what topics might be asked in the board exam 2022.

Maharashtra SSC, HSC Exams 2022: Candidates appearing for the MSBSHSE Class 10 and Class 12 exams can download the question banks through the official website-- maa.ac.in.

Former director of Punjab and Maharashtra Cooperative (PMC) Bank Daljit Singh Bal was apprehended by the Mumbai police's Economic Offences Wing (EOW) in Bihar, an official said on Thursday.