Bank of Maharashtra — Updates, 15-07-2025: Press Release
15-07-2025 | 01:01 pm
15-07-2025 | 01:01 pm
Bank of Maharashtra reported strong Q1FY26 results. Net Profit surged 23.14% to ₹1,593 Cr, with Net Interest Income up 17.60% to ₹3,292 Cr and NIM at 3.95%. Total business grew 14.63% to ₹546,143 Cr, fueled by 15.34% growth in Gross Advances to ₹241,097 Cr and 14.07% deposit growth to ₹305,046 Cr. Asset quality improved significantly, with Gross NPA at 1.74% and Net NPA at 0.18%. Provision Coverage Ratio stands strong at 98.36%. ROA improved to 1.80% and CRAR to 20.06%.
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