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2009-12-01

Bank of Maharashtra to open MSME-specific branches

Bank of Maharashtra is likely to increase the number of its micro, small and medium enterprises (MSME) braches from 14 to 50. The process of setting up dedicated branches for MSME was initiated in the

The bank is planning to increase its branches to over 1,500 by the end of this fiscal from 1,437. Most of these branches will be opened outside Maharashtra.

 

Apart from the MSMEs, it is also targeting retail borrowers and the farm segment for the business growth.

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