https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Bank of Maharashtra Reports 14.64% YoY Growth in Q1FY26 — Full Business Update Inside

Deposits rise to ₹3.05 lakh crore and advances hit ₹2.41 lakh crore as the bank maintains strong growth momentum in April–June quarter of FY26.
Indian Masterminds Stories

MumbaiBank of Maharashtra (BoM) has announced a strong operational performance for the first quarter of the financial year 2025–26, reporting a 14.64% year-on-year (YoY) surge in total business. The bank’s total business reached ₹5.46 lakh crore as of June 30, 2025, reflecting healthy growth in both deposits and advances.

According to the provisional figures released by the bank, total deposits rose by 14.08% YoY to ₹3.05 lakh crore, while gross advances stood at ₹2.41 lakh crore, marking a 15.36% increase from the same period last year.

Read Also: Bank of Maharashtra Partners with SBI Card to Launch Co-Branded Credit Cards

Key Q1 FY26 Business Figures:

  • Total Business: ₹5.46 lakh crore (14.64% YoY)
  • Total Deposits: ₹3.05 lakh crore (14.08% YoY)
  • Gross Advances: ₹2.41 lakh crore (15.36% YoY)
  • CASA Deposits: ₹1.52 lakh crore (14.56% YoY)

CASA Strength Remains Robust

The bank also reported strong growth in CASA (Current Account and Savings Account) deposits, which stood at ₹1.52 lakh crore — up 14.56% YoY. This reflects Bank of Maharashtra’s continued focus on low-cost deposit mobilization, a key driver of profitability and financial stability.

Market Movement

Following the Q1 business update, Bank of Maharashtra shares were trading at ₹57.41, up 0.38% on the Bombay Stock Exchange (BSE), indicating a positive market sentiment.

Growth Momentum Continues

The double-digit growth across core business areas underscores the bank’s ongoing efforts to strengthen its retail, MSME, and corporate lending portfolios. With improving asset quality and a focus on digital banking and financial inclusion, BoM continues to reinforce its position among India’s high-performing public sector banks.

Read also: Vishal Sethia Appointed as Company Secretary & Board Secretary at Bank of Maharashtra

About Bank of Maharashtra

Bank of Maharashtra (BOM) is a public sector bank in India, owned by the Ministry of Finance, Government of India. It was established on September 16, 1935, and commenced operations on February 8, 1936. BOM provides various banking services, including personal banking, cash management, retail loans, and other financial services.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Seal_of_Ladakh
Ladakh UT Announces Major Bureaucratic Reshuffle: 18 IAS & JKAS Officers Get New Roles
gujarat police
Gujarat: Govt Transfers 75 IPS, 30 SPS Officers in Major Reshuffle; Manoj Agarwal Appointed DGP CID Crime - Check Order Here
NaBFID
Big Boost: NaBFID Sanctions Rs2.3 Lakh Crore Loans to 232 Infrastructure Projects Across India
LBSNAA
IAS Officer Shelesh Nawal Re-Designated as Deputy Director (Senior) at LBSNAA
EESL Aditya Birla energy efficiency MoU
EESL to Lead Energy-Saving Drive Across Aditya Birla Group’s Manufacturing Units, Signs MoU - Details Inside
Gandhinagar: Union Jal Shakti Minister C.R
Gujarat’s Big Push for Urban Infrastructure: CM Patel Approves Rs822 Crore to Modernize 91 Urban Roads Under Vikas Path Yojana- Details Inside
coal-India-limited-scaled
Coal India Allocates Rs5,622 Cr for Evacuation Infrastructure as Part of Rs16,000 Cr FY26 Capex
Delhi High Court-resized-DelhiHC
Delhi High Court: “Violation of Every Direction Does Not Warrant Contempt” in IFS Officer Sanjiv Chaturvedi Case
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr
Resisted Flawed Schemes, Transferred Thrice In Three Months, Found Solace In Writing
WhatsApp Image 2025-08-11 at 4.48
IAS SVR Srinivas on Mumbai Trans Harbour Link, Tough Calls, and the Real Power of IAS Officers | Video Interview
WhatsApp Image 2025-08-08 at 5.25
Dharavi Redevelopment: IAS Minds Turning 100-Year-Old Slum into a Modern City | Video Interview
ADVERTISEMENT
UPSC Stories
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Manoj Kumar Gupta BPSC
‘I Missed My Kids’ Childhood for This Rank’ - A Father’s Journey to Success in BPSC
Manoj Kumar Gupta, once a poor boy from Buxar, cracked the 64th BPSC exam while raising two kids and...
Social Media
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
Mohanmala
Kaziranga Mourns: Beloved Elephant Mohanmala Passes Away After Five Decades of Service
Kaziranga National Park mourns the loss of Mohanmala, a beloved elephant who served over 50 years as...
FEMINA
Women Warriors on the Cover: Femina India Celebrates Army’s Finest in August 2025 Special - Watch the Cover Shoot Inside
Femina India’s August 2025 cover pays tribute to ten Indian Army women officers, showcasing courage,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Seal_of_Ladakh
Ladakh UT Announces Major Bureaucratic Reshuffle: 18 IAS & JKAS Officers Get New Roles
gujarat police
Gujarat: Govt Transfers 75 IPS, 30 SPS Officers in Major Reshuffle; Manoj Agarwal Appointed DGP CID Crime - Check Order Here
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr
WhatsApp Image 2025-08-11 at 4.48
WhatsApp Image 2025-08-08 at 5.25
ADVERTISEMENT
ADVERTISEMENT