Maharashtra
“Can a mid-sized Indian public sector bank scale MSME and digital lending fast enough to compete with private-sector and fintech challengers while modernising its core infrastructure?”
Bank of Maharashtra is a Government of India-owned public sector bank headquartered in Pune with a primary focus on retail, MSME, and agricultural banking across India. In recent years the bank has expanded digital banking services and forged embedded-lending partnerships — notably with Vayana Network for supply chain finance targeting MSMEs — reflecting a broader push by Indian PSU banks to embed finance into supply chain and trade ecosystems. The bank operates its lending, deposit, and digital banking infrastructure largely in-house under RBI regulation, supplementing with fintech partnerships for niche segments.