Vizag or Vishakhapatnam is not only a popular tourist destination but also the largest and one of the most popular cities in the Indian state of Andhra Pradesh. Vizag has a natural harbor and the oldest shipyard in the country. The cargo port at Visakhapatnam is one of the busiest in India. This Port city is considered as a jewel on the eastern coast of India and it is a prized territory of the Andhra Pradesh government. The financial capital of the state is located in Vishakhapatnam, thus increasing the importance of the city. Vizag offers a rich and ancient culture and the lip-smacking dishes of authentic Andhra cuisine alongside a feel of a modern developing city. Vishakhapatnam is a harmonious amalgam of the enchanting past and the bustling present, along with a breathtaking panoramic view of beautiful golden beaches, lofty hills with cliffs, lush green fields, verdurous valleys and splendid monuments. Vizag has some of the most beautiful beaches in the country that offer scenic beauty of a picturesque landscape. The Ramakrishna beach and the Rushikonda beach get visitors from all over the nation. This city has witnessed waves of development after the separation of Telangana and Andhra Pradesh as the AP government is working hard to transform the city into a smart city.
the Bank of Maharashtra was founded by V. G. Kale and D. K. Sathe on 16 September 1935, registered as a banking company at Pune with an authorized capital of ? 1 million and began its operations on 8 February 1936. In 1938, the second branch of the bank was opened at Fort, Bombay(currently Mumbai). The bank expanded rapidly after nationalization in 1969 along with 13 other banks. In 1998, the bank had achieved autonomous status after moving into A category from C due to which it has limited interference of Government authority in its decision-making process and internal affairs. In 2004, it was listed in Bombay Stock Exchange and National Stock Exchange of India. In 1944, the bank attained scheduled bank status. In 1978, the new head office building was inaugurated by the late Prime Minister of India, Mr. Morarji Desai. In 1991, the Mahabank Farmer Credit card was introduced after the bank entered into domestic card business. In 2013, the Rupay Card was launched by Ms.Sonia Gandhi in New Delhi. In 2014, the number of BoM ATMs increased to 1827 by the addition of 1129 ATMs.In 2015, it reached the network of 1889 branches across India and launched Mahamobile as the mobile banking app. In 2016, the bank was awarded the Best Financial Inclusion Initiative by the IBA banking technology.