Govt to sell up to 6% stake in Bank of Maharashtra, aims to garner Rs 2,600 crore

Updated on 01 Dec 2025 | Category: Business

The government will divest up to 6% of its stake in Bank of Maharashtra through an Offer for Sale, aiming to raise approximately Rs 2,600 crore. This move will help the bank meet the minimum public shareholding norm of 25%, bringing the government's stake below 75%.

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