Bank of Maharashtra — Credit Ratings, 04-07-2025: Credit Rating

CARE Ratings Ltd. has reaffirmed Bank of Maharashtra’s ratings on multiple Basel III Tier II bonds and long-term infrastructure bonds at CARE AA+ with a stable outlook. This reflects the bank’s sustained credit profile supported by stable financial performance and adequate capital buffers. The stable rating affirms the bank’s strong liquidity position and prudent risk management, which should help maintain investor confidence and keep borrowing costs steady. The affirmation across substantial rated debt (including proposed bonds aggregating over Rs. 12,000 Cr) signals solid creditworthiness, preserving the bank’s operational flexibility for future funding needs.