Bank of Maharashtra Share Price Live

MAHABANK

Mid Cap | Banks

91.73

+39.63(76.07%)

Live Bank of Maharashtra Share Price Chart

Bank of Maharashtra Stock Performance

Today's low50.95
Today's high52.36
51.16
52 week low46.11
52 week high73.50
51.16
Open
₹52.25
Prev. Close
₹52.1
Share Volume
93,21,689.00
Total Traded Value
₹4768.98 Cr
Market Cap
₹40,080.69 Cr
Dividend Yield
1.28

Bank of Maharashtra Fundamentals

ROCE(TTM)5.49
P/E Ratio (TTM)10.29
P/B Ratio2.3
Industry P/E13.37
Debt to EquityN/A
ROE22.34
EPS (TTM)9.12
Dividend Yield1.28
Book Value40.83
Face Value10
ROCE(TTM)5.49
P/E Ratio (TTM)10.29
P/B Ratio2.3
Industry P/E13.37
Debt to EquityN/A
ROE22.34
EPS (TTM)9.12
Dividend Yield1.28
Book Value40.83
Face Value10

Bank of Maharashtra Financials

Bank Of Maharashtra Shareholding Pattern

Promoters
73.60%
Retail And Others
6.93%
Foreign Institutional Investors
5.55%
Domestic Institutional Investors
13.92%

About Bank of Maharashtra

History

Bank of Maharashtra began its business on February 8, 1936. In July 1969, the bank was nationalised and thereafter went through a phase of rapid expansion. In 1998, the Bank attained autonomous status, helping it provide more services and with simplified procedures. In 2003-04, the Bank came with their initial public offer of 10 crore shares of ₹10/- each at a premium of ₹13/- amounting to ₹230 crore. The issue received an overwhelming response and was over-subscribed by more than 11 times. In 2006, the Bank signed MoUs with Life Insurance Corporation of India and United Insurance Company for the distribution of their insurance products. In 2010, the bank also launched its Mobile Banking product named ‘Maha Mobile’. In July 2013, a new department by the name 'Department of Strategic Initiatives' was formed.  Thereafter, the bank successfully initiated/launched various IT Projects. For example, in 2016-17, the Contact Centre’s operations were upgraded, including Integrated Voice Response System (IVRS), MahaUPI, i.e. the bank’s UPI mobile app was launched, and the bank started the paperless ATM-RePIN facility named Green PIN through its ATM Machines. The bank launched a new internet banking portal for retail customers in the same period. However, in June 2017, the bank was placed under Prompt Corrective Action (PCA) by RBI in view of its high net NPA.

Business Segments

The services offered by the bank are divided into the following categories: 1. Personal:
  • Deposits - This includes Savings Accounts, Current Accounts, Term Accounts, Capital Gain Accounts.
  • Loans - This includes loan schemes such as Maha Super Housing Loan, Maha Super Car Loan, Maha Super Combo Loan, etc.
  • Government Scheme - Major schemes of the government are supported by the bank, such as PMJDY, PMJBY, Sovereign Gold Bond Scheme, NPS, Sukanya Samriddhi Yojna, etc.
  • Digital Banking - This includes various digital services such as Maha mobile, internet banking, Whatsapp banking, BHIM Aadhaar pay, etc.
2. Corporate Banking - Banking services for corporates include Working capital, infrastructure finance, project finance, treasury, etc. 3. MSME: 
  • Bank’s schemes - This involves MSME Credit, co-lending, mortgage loans, lines of credit, etc.
  • Government schemes - The bank offers many government schemes for MSME, such as PM Mudra Yojna, Standup India, and PM Employment Generation Program.
4. Agriculture - Kisan Credit Cards, term loans, financing for vehicles and small lands by small and marginal farmers, financing against warehouse receipts, etc.  5. NRI - NRE, NRO, FCNR accounts, etc. As of January 2021, corporate banking makes up around 39% of Bank of Maharashtra’s loan book, followed by retail (26%), MSME (19%) and agriculture (16%). 

Subsidiaries

  • Maharashtra Executor & Trustee Company Pvt. Ltd: This is a 100% subsidiary of Bank of Maharashtra, which was established in 1946. It provides services auxiliary to banking, including wills, guardianship, power of attorney for investments, public and private trusts, etc.

Corporate Actions

The company has not announced any bonus shares, rights issue, buyback of shares, or stock splits in recent times. Mergers and Acquisitions
  • The shareholding of the central government has gone up from 81.6% in FY 2017 to 93.3% in FY 2021 in the bank.

Parent Organisation
GoI - PSB
Managing Director
NA
Founded
1935
NSE Symbol
MAHABANK

Top Mutual Funds Invested in Bank Of Maharashtra Share

FUND NAMEAUM(%)
JM Midcap Fund Direct IDCW Reinvestment3.12%
JM Midcap Fund Direct IDCW Payout3.12%
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan IDCW Daily Reinvestment2.88%
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan IDCW Monthly Payout2.88%
Sundaram Liquid Fund (Formerly Known as Principal Cash Management Fund) Direct Plan Growth2.88%

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Bank of Maharashtra Latest News

Bank Of Maharashtra FAQs

Bank Of Maharashtra (MAHABANK) share price as of July 1, 2026, on NSE is Rs 91.73 (NSE) and Rs 91.73 (BSE) on BSE.
Yes, You can buy Bank Of Maharashtra (MAHABANK) shares by opening a Demat account with Angel One.
Bank Of Maharashtra (MAHABANK) share can be bought through the following modes:
1. Direct investment: You can buy Bank Of Maharashtra (MAHABANK) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Bank Of Maharashtra (MAHABANK) shares.
The main business of the Bank of Maharashtra is to provide financial and advisory services, capital market services, personal banking services, corporate banking, cash management, and retail loans. It is a public sector bank.
The main promoter of the Bank of Maharashtra is the President of India with 90.97% shareholding.
Bank of Maharashtra has a total of 2,066 branches, out of which 488 are located in the metro area, 431 in urban areas, 542 in semi urban areas, and 605 in rural areas as of 30th September 2022.
The market cap of Bank of Maharashtra is Rs. 51656.48 Cr. as of 01/07/2026.
The P/E ratios of Bank of Maharashtra is 7.98 as of 01/07/2026.
The PB ratios of Bank of Maharashtra is 1.64 as of 01/07/2026.
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