Bank of Maharashtra accelerates 17% Business Growth with 20% advance expansion in Q3 FY26

Bank of Maharashtra reported robust provisional performance as of December 31, 2025, with total business surging 17.24% year-over-year (YoY) to ₹5,95,171 crore from ₹5,07,650 crore in December 2024. The bank's focus on high-priority lending propelled global advances 19.61% higher to ₹2,73,476 crore from ₹2,28,642 crore.

Deposits grew steadily at 15.30% YoY to ₹3,21,695 crore from ₹2,79,007 crore, supported by a stable CASA ratio of 49.55%-up 27 basis points from 49.28% YoY. CASA deposits specifically rose 15.93% to ₹1,59,397 crore.

Key Segment Highlights

RAM Advances: ₹1,71,342 crore (+20.23% YoY from ₹1,42,507 crore), underscoring priority sector strength.

Corporate Advances (Domestic): ₹98,618 crore (+14.49% YoY from ₹86,136 crore).

Corporate Advances (Global): ₹1,02,134 crore (+18.57% YoY from ₹86,136 crore).

Figures remain provisional and subject to review. Bank of Maharashtra's balanced deposit franchise and advance diversification position it strongly among public sector banks, leveraging retail and corporate tailwinds for sustained profitability.

Shares of Bank of Maharashtra was last trading in BSE at Rs. 63.93 as compared to the previous close of Rs. 63.58. The total number of shares traded during the day was 869470 in over 4477 trades.

The stock hit an intraday high of Rs. 64.15 and intraday low of 63.37. The net turnover during the day was Rs. 55518392.00.

Source : Equity Bulls

Keywords

BankofMaharashtra INE457A01014 BusinessUpdate Q3FY26