2011 - On 77th Foundation day, Hon’ble Finance Minister, Shri Pranab Mukherjee dedicated 5 specialised branches to SHGs and opened 5 Mid-Corporate branches on the occasion.New service delivery channels, namely, 3 Retail Credit Hubs and 5 Asset Recovery Branches were opened. Total Business crossed Rs.One lakh crore. Branch network reached 1453 with 345 ATMs across the country. Hon’ble President of India, Smt Pratibha Devi Singh Patil inaugurated the Platinum Jubilee Year celebrations in Pune. 2010 - Bank entered Platinum Jubilee Year.1st CBS branch rolled out on 13th November at Karve Nagar, Pune. Surpassed business landmark of Rs.50,000 crore. 2006 - Launched ATM-cum-International Debit Card Commenced Bancassurance business Commenced distribution of Mutual Fund products.2004 - Bank came up with Initial Public Offering (IPO).1987 - 1000th branch of the Bank opened at Indira Vasahat, Pune at the hands of Shri Shankar Dayal Sharma, the then Governor of Maharashtra.1986 - Set up the third RRB – “Thane Gramin Bank”.Manmohan Singh, the then Governor, Reserve Bank of India, launched the Bank’s Golden Jubilee Celebrations. 1981 - Set up the second RRB – “Aurangabad – Jalna Gramin Bank”.Indira Gandhi, the then Prime Minister of India. 1980 - 500th branch of the Bank at Nariman Point, Mumbai inaugurated by Smt.1979 - Bank’s business crossed Rs.1,000 crore.The Bank was appointed as Convener to the State Level Bankers’ Committee (SLBC) 1976 - Set up first Regional Rural Bank (RRB) – “Marathwada Gramin Bank” with headquarters at Nanded.1969 - The Bank was nationalized with 153 branches.1958 - Listed on Bombay Stock Exchange.1946 - Maharashtra Executor and Trustee Company (METCO) established.1936 - Commenced business on February 8.Right from its inception, the focus of the Bank has been to assist small business enterprises, traders, self-employed and others commonly known as the Priority Sector. The Bank continued to have the support and patronage of the common man. To be a vibrant, forward looking, techno-savvy, customer centric bank serving diverse sections of the society, enhancing shareholders’ and employees’ value while moving towards global presence. To enter international arena through branch network.To enhance the shareholders’ wealth through best practices and corporate governance.To build proactive, professional and involved workforce.To adopt latest technology on a continuous basis.To innovate products and services to cater to diverse sections of society.To ensure quick and efficient response to customer expectations.Bank of Maharashtra was registered on 16th September 1935 at Pune with an authorized capital of 1 million by a group of visionaries with the objective to serve the common man who was till then neglected by the banking system.
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