“ A STUDY ON NON PERFORMING ASSET OF BANK OF MAHARASHTRA ‘’

EXECUTIVE SUMMERY

This project report has been undertaken in “Bank of Maharashtra, RPD Branch belgaum”
which highlights the detailed study of “Non-Performing Assets Management and Banking
Study of Bank of Maharashtra”.

The Objective of this project is to get the good knowledge of Banking and NPA Management.

This project report is divided into 4 parts

 Part A:------Origin, History.

 Part B:------ Introduction to NPA, RBI Guidelines, etc.
 Part C:------ SARFESI Act, NPA Reduction Techniques,etc.
 Part D:------ Analysis and conclusion.

Part A gives an brief information regarding Bank’s History, Vision, Objectives which help us
to know about the bank in detail.

Part B gives knowledge about NPA, which help us to know and understand about NPA and
how it is ascertained.

Part C gives information regarding SARFESI Act, NPA Reduction Techniques, Recovery
Management and concluding observations.

Part D gives ideas about Analysis of NPAs in Retail Sector and final conclusion.
 ORIGIN AND HISTORY OF BANK OF MAHARASHTRA

Bank of Maharashtra was registered on September 16, 1935 with an authorized capital of
Rs.10.00 lakh. The Bank actually began its process on 8th October 1936 in pune, under the
chairmanship of Shri Dhondumama. Sathe. Ever since its inception ,Bank of Maharashtra is
known as common man’s bank. The Bank’s intial help to small units has given birth to many
of today’s industrial houses.

The present chairman of Bank of Maharashtra is A.S Rajeev . Bank of Maharashtra has its
Head office situated at Shivaji nagar in pune, which is known as Lokmangal karyalay. Later
on in the year 1946 it entered into Karnataka and started its first batch in Hubli. Bank of
Maharashtra began to progress to a great extent and expanded its banking business all over
India. It is amongst the top 14 nationalized banks in India.

In July 1969, Bank of Maharashtra was nationalized along with 13 other banks . After
nationalization, the Bank expanded rapidly and today its branch network comprises of 1375
branches and 30 extension counters spread over 22 states and 2 union territories . Bank of
Maharashtra has the largest network of branches by any Public sector in the state of
Maharashtra .

Bank of Maharashtra attained autonomous status in 1998. It has helped the Bank in providing
more and more services with simplified procedures without intervention of Government.
Apart from providing loans, bank also offers personalised services to its customers. The Bank
also cares to its employees and provide many facilities & schemes to them. Bank of
Maharashtra has also come up with its shares in the market which is on a slower growth
toward progress. Bank of Maharashtra has altogether 1500 branches all over India . The total
turn over is 72000 crores, and is currently running in profits.

Bank of Maharashtra excels in Social Banking ,and it has 46% of its branches in rural areas.
By March 2006 the Bank intends to achieve computerization of remaining 584 rural and semi
urban branches by providing a cost effective small branch automation solution for rendering
effective customer services to rural India. The Bank follows the philosophy of technology
with personal touch. The bank wishes to cater to all types of needs of the entire family, in the
whole country. It dream is;