Bank of Maharashtra — Important, 04-07-2025: Disclosure of material issue

Bank of Maharashtra has announced a board meeting to discuss the financial results for the quarter and half-year. The bank reported a healthy year-on-year growth with total business increasing by 14.64% to ₹546,188 crore. Total deposits rose 14.08% to ₹305,059 crore, with CASA deposits up 14.56% to ₹152,751 crore, maintaining a stable CASA ratio slightly above 50%. Gross advances grew by 15.36% to ₹241,129 crore, improving the credit-deposit ratio to 79.04%. This growth indicates strong deposit mobilization and credit expansion, supporting the bank’s asset quality and profitability outlook.