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MAHARASTRA GRAMIN BANK

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MAHARASHTRA GRAMIN BANK Maharashtra Gramin Bank (MGB) is a Gramin bank, in the State of Maharashtra with its head office in Aurangabad. Maharashtra Gramin Bank came into existence on July 20, 2009 after amalgamation of erstwhile Maharashtra Godavari Gramin Bank and Marathawada Gramin Bank. The bank was sponsored by the Bank of Maharashtra (BoM). Its emblem is an intersection of letter ‘M’ in a bold font with a circle in fresh green colour. A circle is a universal and old symbol meaning, wholeness, infinity, unity and eternity. Fresh green colour denotes harmony, freshness, fertility, calmness, tolerance, prosperity and growth. The emblem is simple, meaningful, attractive and brands the bank to meet its stated goals and objectives.

BANK OF MAHARASHTRA

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BANK OF MAHARASHTRA The Maharashtra Chamber of Commerce (MCC) was established in Poona in 1934 and its founder Secretary Shri A.R. Bhat was a great visionary. Shri Bhat initiated a comprehensive review of banking services available in the region. The Bank of Maharashtra (BoM) was formally registered under the Indian Companies Act, on the auspicious day of September 16, 1935. Its light blue colour logo has a circular motif in a square box and its name is written in a stadium in Devanagari and English along with its status adjacent to it. Its circular emblem has a motif of a ‘deepa stambha’, prevalent in the temples around Pune, which is auspicious and brings prosperity is supported on either side by its name in Devanagari and English acronym of the bank. It is ensconced in a circle and around this on a border its motto is written in Sanskrit ‘मुद्रेयं लोकमङ्गला’ meaning  ‘Money is Auspicious for the World’