Bank of Maharashtra (abbreviated as BoM) is an Indian public sector bank, based in Pune. It was established in 1935 and nationalised by the Government of India in 1969. It has 2,641 branches, as of June 2025.[5]
History
Bank of Maharashtra was established on 16 September 1935 in Poona, Bombay Presidency (present day Pune, Maharashtra), under the direction of Mahratta Chamber of Commerce to assist small businesses and traders during the cooperative movement in India.[6]
BoM became a scheduled bank in 1944, obtained a banking license in 1955 under the Banking Companies Act, and listed on the Bombay Stock Exchange in 1958.[7]