Mango is a suburb of Jamshedpur. The Subarnarekha River separates Mango from Jamshedpur and the two are connected via three parallel bridges. It is a huge region that is rapidly growing into a residential area. The region was once a little backward town but is now a thriving suburb and real estate hotbed. Although Mango is a part of the main city Jamshedpur, it has been given the status of a city by the government. It is a notified area that is run by a notified area committee known as the Mango Notified Area Committee. The state-run electricity board, JSEB, provides the electricity services to Mango. The doesnt yet have any household water delivery system at the moment. The city has recently made a deal with JUSCO who will provide tap water services to the area. Mango is primarily a residential area. It is now witnessing an immense real estate boom as many developers are building residential colonies in the area. There are two hospitals at Mango to assist the residents during medical emergencies. The MGM Hospital has a medical college associated with it. A few colleges have also been set up in the region. The city is undergoing rapid and vast development. The city has around 3 lakh residents who are mostly employed in the various industrial and service sectors in the adjoining Jamshedpur city.
the Bank of Maharashtra was founded on 16 September 1935, at Pune and commenced 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. 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 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 2011, the first SHG branch was opened in Pune. 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.