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Comparison Between Induslnd Bank and Bank of Maharshtra

Introduction
Indusland Bank
IndusInd Bank derives its name and inspiration from the Indus Valley civilisation -a culture described by National Geographic as 'one of the greatest of the ancient world' combining a spirit of innovation with sound business and trade practices. Board of Directors Mr. R. Seshasayee - Chairman Dr. T. T. Ram Mohan Mr. Romesh Sobti Managing Director

RATINGS: ICRA AA for Lower Tier II subordinate debt program and ICRA AA- for Upper Tier II bond program by ICRA. CRISIL A1+ for certificate of deposit program by CRISIL. CARE AA for Lower Tier II subordinate debt program by CARE. Fitch AA- for Long Term Debt Instruments and Fitch A1+ for Short Term Debt Instruments by Fitch Ratings.

Bank of Maharashtra
Maharashtra has a long history of commercial activity since ages because of its strategic location in Indian sub continent and its large natural resources.

Maharashtra has been a progressive region and the Banking activity was also started in this region quite early. Historically speaking, the Bank of Bombay established in 1840 was the first Commercial Bank in Maharashtra.

Comparison btw the deposit schemes

Deposites schemes of B.O.M

Saving deposit

Current Deposit

Term Deposit

Deposites schemes of Induslnd bank

Sweep in/out

Young Saver

Senior Deposit

Regular Recurring Deposit

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