The court awarded seven years rigorous imprisonment to Sarath Babu Jelly and Suhas Kalyan Ramdasi, then officials of Bank of Maharashtra, Secunderabad Branch and slapped a fine of Rs 1,10,000 each on them, the CBI said on Wednesday.
Current Account Savings Account (CASA) for BoM saw 24.47 per cent rise, the highest among the public sector lenders, during the year.
State-run Bank of Maharashtra reduced its MCLR by up to 10 basis points for select tenors effective Monday.
BoM has revised downwards its six months MCLR to 7.30 per cent from 7.50 per cent.
Some patients also fell down with the crashing slab as there was a small clinic on the upper floor of the ground-plus-storied structure.
The incident comes barely two weeks after a residential building crumbled to the ground in the Dongri area of Maharashtra’s Mumbai killing at least 14 people.
Bank of Maharashtra is the first bank to receive this award in the field of Rajbhasha in the banking industry.
The senior official said on the condition of anonymity that these 51 branches had been merged with neighbouring branches.
The 83-year-old bank is ranked among the leading PSBs in India.
Private life insurer Reliance Nippon Life Insurance Co Ltd on Monday said it has signed a comprehensive bancassurance agreement with…
