Bank of Maharashtra, Pune City Zone conducts ‘Mega Mahabank Adalat’

Bank of Maharashtra (BoM) kick started ‘Mega Mahabank Adalat’ from Pune City Zone on 13th December, 2019. It will be replicated in all the branches of the Bank across the country in cluster approach basis on pre-decided dates from 19th to 21st...

Bank of Maharashtra, Pune City Zone conducts ‘Mega Mahabank Adalat’

Bank of Maharashtra (BoM) kick started ‘Mega Mahabank Adalat’ from Pune City Zone on 13th December, 2019. It will be replicated in all the branches of the Bank across the country in cluster approach basis on pre-decided dates from 19th to 21st December, 2019. Around 80 NPA borrowers participated in ‘Mega Mahabank Adalat’ organized by Pune City Zone. A. C. Rout, Executive Director, BoM inaugurated the ‘Mega Mahabank Adalat’. P. R. Khatavkar, General Manager & Zonal Manager & Aparna Joglekar, Chief Law Officer of the Bank were also present at the event. In his inaugural address, A. C. Rout, Executive Director, Bank of Maharashtra said that various unavoidable circumstances are responsible for account turning to NPA, all borrowers are not wilful defaulters and they have intentions to repay bank’s loan. Hence, A C Rout urged participants to take maximum advantage of Bank’s One Time Settlement Scheme (OTS).