PMQT: MauBank Holdings Ltd: Rs 4.1 billion injected by the State between 2015 and 2024

The financial situation of MauBank Ltd and its parent company was extensively discussed in the National Assembly, following a question from MP Avinash Ramkalawon directed to Prime Minister Navin Ramgoolam. While the bank reports profitable performance, the overall figures reveal a more nuanced reality, marked by a structural imbalance within the group.

At the outset, the head of government reminded that MauBank Ltd is a subsidiary of ...