What is the full form of BOM? Bank of Maharashtra

 

Bank of Maharashtra

Type Nationalised Bank
Traded as
BSE532525
NSEMAHABANK
Industry Banking
Financial services
Founded 16 September 1935; 85 years ago
Headquarters 1501, Lokmangal,
Shivajinagar,
Pune India
Key people
A. S. Rajeev
(MD & CEO)

Hemant Kumar Tamta
(Executive Director)

A. B Vijayakumar
(Executive Director)

Products
  • Consumer banking
  • Corporate banking
  • Finance and insurance
  • Investment banking
  • Mortgage loans
  • Private banking
  • Private equity
  • Savings
  • Securities
  • Asset management
  • Wealth management
  • Credit cards
Owner Government of India
Number of employees
13,048 (2020)
Capital ratio 13.65% (2020)
Website Official website


BOM Full Form

What is the full form of BOM?

Bank of Maharashtra
Bank of Maharashtra


The full form of BOM is Bank of Maharashtra.

It is an important public sector bank in India. The bank had 15 million customers across the country with 1,900 branches as of 25 March 2021. It has the largest network of branches of any nationalized bank in the state of Maharashtra.

The total business of the bank crossed ₹ 2,66,000 Lakh Crore as on 31st December 2020.

History

Bank of Maharashtra Bank was founded by VG Kale and DK Sathe in Pune, India.

The bank was registered on 16 September 1935 with an authorized capital of US$ 1 million and became operational on 8 February 1936. It provided financial support to small businesses and gave birth to many industrial houses. The bank was nationalized in 1969.

AS Rajeev took over as the Managing Director and CEO of the bank on 2 December 2018. Hemant Kumar Tamta joined as Executive Director on 31 December 2018. AB Vijayakumar joined as Executive Director on 10 March 2021.

In this article of BOM Full Form, we have shared you information with BOM Full Form.




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