Bank of Maharashtra Overview
Pro stress-test →Bank of Maharashtra is India's leading public sector bank. It provides banking and financial solutions including savings accounts, deposits, and various types of loans. Established in 1935, the bank operates across retail, corporate, and treasury segments with a substantial branch network.
Strategic Profile
Pro stress-test →With 2,641 branches as of June 2025, Bank of Maharashtra maintains a strong geographic presence across India. Revenue is increasingly diversified, with Retail Banking at ~39% and Corporate/Wholesale Banking at ~36% in FY24. The bank focuses on financial inclusion and MSME lending while maintaining government backing as a public sector institution.
Competitive Landscape
Pro stress-test →As India's leading public sector bank, Bank of Maharashtra competes with major PSU banks including State Bank of India, Punjab National Bank, and Bank of Baroda, as well as private sector peers like HDFC Bank, ICICI Bank, and Axis Bank. The bank's strength lies in retail and MSME segments with extensive branch networks, while private competitors offer superior digital capabilities.
Industry Context
Bank of Maharashtra operates in Banking & Financial Services.
Key facts
Founded: 1935 · Headquarters: Pune, India · Employees: 13,499 · Revenue: $3.4B · Market cap: $5.3B