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Mahabank Unions oppose METCO sale
The Free Press Journal - Mumbai
|November 04, 2025
The United Forum of Mahabank Unions has strongly objected to the proposed sale of the entire shareholding of Maharashtra Executor & Trustees Company Pvt Ltd (METCO), a _ wholly-owned subsidiary of Bank of Maharashtra.
In a letter to the managing director, Dhananjay Kulkarni (All India Bank of Maharashtra Employees’ Federation), Santosh Ghadge (Bank of Maharashtra Officers’ Organisation), and others highlighted METCO’s seven-decade legacy of profitable service, though not at the desired level. They argue that divesting the Bank’s stake in METCO is ill-advised and risks
Dit verhaal komt uit de November 04, 2025-editie van The Free Press Journal - Mumbai.
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