S C Basu
Title : Hard Work Pays Good Dividends
 
Company Name : Bank of Maharashtra
Designation : Chairman & Managing Director
 
 
       
 

Hard work is an investment, which pays rich dividends with satisfaction as additional bonus. That's what S C Basu, Chairman and Managing Director, Bank of Maharashtra, believes in and his career graph could very well serve an example to his faith. A diligent and emphatic professional, Basu has made Bank of Maharashtra a financial institution, which has earned its name by its deed. With more than eight million clients all over the country, the bank under Basu has been playing a pivotal role in rural banking.

At a time when most banks have been catering to urban clients and industrial houses, the Bank of Maharashtra carries with it a legacy of serving the less privileged section of society. This has been largely possible through people like Basu who have carried the torch of its founder to newer heights. Founded in 1935, the Bank over the decades has expanded its operation and has successfully mobilised the household savings. It has been doing yeoman service under the leadership of Basu by providing financial support to financially less privileged people.

 

The success of an institution largely depends on the person heading it and in this case it's no exception. Basu through his dedication and innovative policies and administrative abilities has made Bank of Maharashtra a force to be reckoned with in rural banking. Today, the bank can boast of a national bank status with more than 1229 branches spread over 20 states in the country. Basu, who carries with him decades of rich experience and managerial skills, is known to have given the Bank a personal touch when it comes to dealing with its clientele.

The Bank under Basu has been able to impart high quality service to its ever-growing investors. The Bank under him has also been responsible of introducing latest banking technology. It also goes to Basu's credit of making the Bank's more than 8000-odd award staff well versed with the latest banking IT skills. Today, the bank's staff is known for handling sensitive banking practices. To encourage transparency, Basu recently made regular credit audit mandatory for accounts over Rs 25 lakh. With Bank's new ventures in offing and Basu at its command, the Bank can look forward to happier days in days to come.