Bank of Maharashtra — Board Meeting, 15-07-2025: Outcome of Board Meeting

Bank of Maharashtra has announced a board meeting on July 15, 2025, which approved its consolidated financial results for the quarter ended June 30, 2025. The bank reported a consolidated net profit of ₹1,504.37 Cr. Key asset quality metrics showed improvement with Gross Non-Performing Assets (NPA) at 1.74% and Net NPA at 0.18%. Return on Assets stood at 1.70% (annualized). The bank also acquired ₹2,171.32 Cr in loans not in default through assignment during the quarter. Furthermore, the bank maintains a ₹1,200 Cr COVID-19 contingency provision. No new funds were raised this quarter.