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Kolkata, July 27

BANK of Maharashtra, which has recorded a total business of Rs 42,000 crore, hopes to achieve Rs 48,000 crore by the end of the current fiscal. It also plans to begin an elaborate technology-driven exercise. The latter will see, inter alia, an expansion in its ATM network from 40 to 300.

The bank, which has a capital adequacy of 12.67 per cent, is not looking at a capital expansion immediately, Mr Basu, Chairman and Managing Director of the bank, told newspersons, while referring to its recently concluded public issue. It had raised Tier II capital last year.

BoM has appointed a Pune-based consultant for indexing the level of customer satisfaction. Its reports, filed at regular intervals, allow the bank to shore up its systems, the CMD maintained.

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