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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.


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