For Q2 FY24, Bank of Maharashtra reported a significant rise in interest earned, which reached ₹6,017.38 crore, compared to ₹5,067.93 crore in the same period last year. This growth was a key driver behind the bank’s overall revenue expansion.
- Other Income: ₹791.80 crore
- Operating Profit: ₹2,201.97 crore
- Capital Adequacy Ratio: 17.26%
The bank also reported improved asset quality, with the gross NPA ratio decreasing to 1.84%, reflecting better recovery efforts and prudent risk management.
