Bank of Maharashtra held its 16thAnnual General Meeting (AGM) on Thursday (27 June 2019) to approve and adopt the Balance Sheet along with Profit and Loss Account of the Bank for the year ended 31 March 2019. While adopting the Balance Sheet as at 31 March 2019 Shareholders of the Bank expressed their faith and confidence in the Bank and its leadership team.
The Shareholders acknowledged and appreciated the Management’s efforts undertaken
for improving the Bank’s performance. Shri A.S. Rajeev, Managing Director and CEO of Bank of Maharashtra informed about the performance highlights of Bank and various initiatives taken by Bank, while addressing the Shareholders at the 16th AGM of the Bank
Shri A.C. Rout, Executive Director, Shri Hemant Tamta, Executive Director, Shri Deendayal Agrawal, Director,General Managers of Bank, Representative of the Government of India and Auditors of Bank were present in the meeting.
YES BANK launches Click OD (over draft)
Yes Bank has announced the launch of Click OD (over draft) facility for the Bank’s existing Micro, Small and Medium Enterprises (MSME) customers. Through this, an MSME can avail unsecured OD up to Rs. 10 lakh digitally, without any documentation. This unique proposition will be offered to select customers basis their account conduct and credit history.
The OD facility is an end to end digital offering where the limit will be disbursed through Bank’s MSME portal. The customer has to login on the portal and just follow the steps. The limit is disbursed in a matter of few clicks. The bank is targeting a disbursement of Rs 100 crore for FY 2019-20 through the YES MSME portal. YES BANK’s total exposure to MSMEs as on March 31, 2019 has crossed Rs 42,000 crore.
Mars Edge launches GoMo™ Dal Crunchies in Pune, Maharashtra
Mars Edge, a new entrepreneurial segment of Mars Incorporated, dedicated to human health and wellness through targeted nutrition launches GoMo Dal Crunchies in Pune, Maharashtra. GoMo Dal Crunchies provides delightful and accessible nutrition for consumers and is aimed towards helping address nutritional gaps in school-aged children. Providing 15% – 100% daily needs for key micronutrients including iron, vitamin A, vitamin B12, vitamin C, and vitamin D, GoMo Dal Crunchies is dal based’ and is made predominantly of yellow pea – a legume, which is rich in protein and lysine, an important amino acid which lacks in the Indian diet. GoMo Dal Crunchies provides 6gms of protein per 35gms serving. In the first phase of its launch, GoMo™ was rolled out in Pune, Satara, Ahmednagar, Aurangabad, Solapur, Kolhapur and Sangli districts of Maharashtra and Lucknow district in UP, in collaboration with Tata Trusts.
As a part of Mars Edge’s effort to creating evidence-based, accessible and delightful nutrition solutions, GoMo Dal Crunchies is tailored to suit local taste, to ensure it is enjoyable as well as nutritious. GoMo™ Dal Crunchies is priced at Rs. 10 and Rs. 20 for 18gms and 35gms packs respectively and is available in Masala Mix, Green Chutney and Chilli Lemon Pepper flavours.
