Bank of Maharashtra
📈 Bank of Maharashtra Reports Strong FY26 Growth: Business Up 17.47% to ₹6.4L Cr
- Total business grew by 17.47% to ₹642,531 crore for the year ended March 31, 2026.
- Total deposits increased by 14.14% to ₹350,564 crore.
- Gross advances rose by 21.74% to ₹291,967 crore.
- Net profit increased by 27.17% to ₹7,019 crore for the year.
- Net profit increased by 34.89% to ₹2,014 crore for Q4FY26.
- Gross NPA improved to 1.45% and net NPA reduced to 0.13% as of March 31, 2026.
- Provision coverage ratio strengthened to 98.59%.
- Capital adequacy ratio (CRAR) stood at 18.36%, with Tier I capital at 15.41%.
- A final dividend of 12% (₹1.20 per share) is proposed for FY2025-26, in addition to an interim dividend of 10%.