Bank of Maharashtra has successfully completed its annual interest payment on Long Term Infrastructure Bonds, demonstrating its commitment to timely debt servicing obligations. The bank paid ₹124.12 crore as interest on February 18, 2026, fulfilling its regulatory and contractual commitments to bondholders.

Bond Payment Details

The interest payment pertains to the bank's Long Term Infrastructure Bonds with ISIN INE457A08183, which have a substantial issue size of ₹1,612.00 crore. The payment was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, under Regulation 57(1).

Timely Compliance

The bank demonstrated excellent financial discipline by making the payment exactly on the due date without any delays. The interest payment record date was set for February 3, 2026, providing adequate notice to bondholders. Bank of Maharashtra maintained its annual payment frequency for these infrastructure bonds, with no changes reported in the payment schedule.

Regulatory Framework

The payment was executed under the regulatory framework established by SEBI's listing obligations, ensuring transparency and proper disclosure to stakeholders. The bank has communicated this information to both BSE Ltd. and National Stock Exchange of India Ltd., maintaining compliance with stock exchange requirements. Additionally, Axis Trustee Services Limited, serving as the Debenture Trustee for these bonds, was also informed of the successful payment.

This timely interest payment reinforces Bank of Maharashtra's financial stability and its ability to meet debt obligations as scheduled, providing confidence to bondholders and the broader investment community.

Bank of Maharashtra has informed stock exchanges about a monetary penalty imposed by the Reserve Bank of India (RBI) for regulatory non-compliance. The disclosure was made on February 13, 2026, in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015.

Penalty Details

The RBI has imposed a monetary penalty on the bank following its Statutory Inspection for Supervisory Evaluation (ISE 2025). The inspection was conducted with reference to the bank's financial position as on March 31, 2025.

Nature of Non-Compliance

The penalty has been imposed for non-compliance with specific regulatory provisions. The bank violated certain directions issued by RBI in two key areas:

• Credit information reporting in respect of Self Help Group members
• Know Your Customer (KYC) norms

These violations were identified during the comprehensive regulatory inspection conducted by the central bank.

Bank's Response and Action

Bank of Maharashtra has acknowledged the penalty and outlined its response to address the regulatory concerns. The bank stated that it has taken necessary preventive actions to strengthen its internal processes. These measures are specifically aimed at preventing the recurrence of such regulatory violations in the future.

The bank has characterized the expected financial implications of this penalty as non-material, indicating that the ₹32.50 lakh penalty amount is not expected to significantly impact its overall financial performance.

Regulatory Compliance Framework

The disclosure was made through Form A, which is the prescribed format for communicating regulatory actions to stock exchanges. This transparency measure ensures that investors and stakeholders are informed about material regulatory developments affecting the bank's operations and compliance status.