Bank of Maharashtra: Reports 15.33% YoY in total biz to ₹5,47,159 cr

FINANCE

Bank of Maharashtra: Reports 15.33% YoY in total biz to ₹5,47,159 cr

AIMPWA

April 8, 2025

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Gross advances rose 17.84% yoy to ₹2,40,007 crore (₹2,03,664 crore).
| Photo Credit:
Nazarii

Bank of Maharashtra (BoM) has reported a 15.33 per cent year-on-year (yoy) increase in total business (deposits plus advances) to ₹5,47,159 crore as of March-end 2025 against ₹4,74,411 crore as of March-end 2024.

Total deposits were up 13.45 per cent yoy at ₹3,07,152 crore as of March-end 2025 (₹2,70,747 crore as of March-end 2024), per provisional business updates of the public sector bank.

Low-cost current account and savings account (CASA) deposits rose 14.64 per cent yoy to ₹1,63,669 crore (₹1,42,774 crore). The proportion of CASA deposits in total deposits rose to 53.29 per cent (52.73 per cent).

Gross advances rose 17.84 per cent yoy to ₹2,40,007 crore (₹2,03,664 crore).

Credit-Deposit ratio rose to 78.14 per cent from 75.22 per cent a year ago.

Published on April 8, 2025

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