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Bank of Maharashtra Q1 net doubles to Rs 101 cr.


PUBLIC sector lender Bank of Maharashtra Bank of Maharashtra (BoM), incorporated on 16th September 1935 as a public limited company, is a public sector commercial bank of India. The bank operates through a network of over 1292 branches.  has posted a robust growth in its net profit, which has jumped by over two- fold to Rs 101.79 crore n. 1. Ten millions; as, a crore of rupees (which is nearly $5,000,000) s>.

Noun 1. crore - the number that is represented as a one followed by 7 zeros; ten million
 during the first quarter ended June 30, compared with the same period a year ago.

Total income of the bank rose to Rs 1,282 crore in the latest quarter from Rs 1,040.68 crore in the same quarter of the previous year, Bank of Maharashtra said in a filing to the Bombay Stock Exchange Bombay Stock Exchange (BSE)

See: National Stock Exchange; Mumbai stock exchange.
 ( BSE See Bombay Stock Exchange.

BSE

See Boston Stock Exchange (BSE).
).

During the quarter, the state- run lender's earnings from interest rose to Rs 1,118.87 crore from Rs 976.70 crore in the year- ago period.

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Publication:Mail Today (New Delhi, India)
Date:Aug 21, 2009
Words:127
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