New Delhi, Oct. 23 -- Bank of Maharashtra is a widely recognised PSU bank in India. It has carved out a respectable position for itself in the Indian banking ecosystem.

Headquartered in Pune, the bank has over 30 million customers. In the stock market, it has been on the radar of investors over the last few years due to the improving asset quality being reported every quarter.

Having said that, the stock has not set the market on fire, and in the last few days, the price has even taken a tumble.

Source: Equitymaster

So, what does the future hold? Let us assess the pros and cons of investing in the stock.

The primary reason investors should consider the stock is its steadily improving fundamentals. A standout feature of the bank's fin...