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EquityWireBank of Maharashtra global advances at INR 2.92 tln as on Mar 31, up 22% YoY

Bank of Maharashtra global advances at INR 2.92 tln as on Mar 31, up 22% YoY

This story was originally published at 10:18 IST on 6 April 2026
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Informist, Monday, Apr. 6, 2026

 

--Bk of Maharashtra global advances at INR 2.921 tln on Mar 31, up 22% on yr 

--Bk of Maharashtra total deposits at INR 3.506 tln on Mar 31, up 14% on yr 

--Bk of Maharashtra CASA ratio at 53% on Mar 31, unchanged from year ago 

 

MUMBAI – Bank of Maharashtra's global advances rose to INR 2.921 trillion as on Mar. 31, up 22% on year. Its total deposits were INR 3.506 trillion as on Mar. 31, up 14% on year, according to provisional data released by the bank Monday.

 

The bank's current account savings account ratio was 53% at the end of March, unchanged from a year ago. The public sector bank's total business rose to INR 6.427 trillion, up 18% on year. Its advances to retail, agriculture and micro, small and medium enterprises as on Mar. 31 were INR 1.798 trillion, up 21% on year.

 

The state-owned lender's credit-deposit ratio as on Mar. 31 was 82%, up from 78% a year ago. For the December quarter, the bank reported a net profit of INR 17.79 billion and a total income of INR 82.77 billion. At 0945 IST, the shares of the bank traded at INR 66.25 on the National Stock Exchange, up over 4%. End

 

Reported by Suryash Kumar

Edited by Deepshikha Bhardwaj

 

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