Bank of Maharashtra (Marathi: बँक ऑफ महाराष्ट्र) is a major bank of Maharashtra, India, registered on 16 September 1935 with an authorised capital of 1 million. It commenced business on 8 February 1936.
Known as a common man's bank since its inception, the bank's initial financial assistance to small units has given birth to many of today's industrial houses. After nationalisation in 1969, the bank expanded rapidly. The Bank has the largest network of branches by any Public sector bank in the state of Maharashtra.
The Bank was founded by a group of visionaries led by the late V. G. Kale and the late D. K. Sathe and registered as a Banking Company on 16 September 1935 at Pune. Today, Bank of Maharashtra has over 15 million customers across the length and breadth of the country served through 1825 branches in 29 states and 2 union territories
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