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Bank of Maharashtra logs 22pc loan growth in Q4

New Delhi, Apr 6 (PTI) Bank of Maharashtra (BoM) on Monday said it has registered a total credit growth of 22 per cent to Rs 2.92 lakh crore in the fourth quarter ended March 2026.
     The outstanding credit was Rs 2.40 lakh crore at the end of the January-March quarter of previous fiscal, BoM said in a regulatory filing.
     The total credit also includes Rs 1.12 lakh crore corporate credit while RAM advances of Rs 1.79 lakh crore during the quarter, it said.
     The Pune-headquartered public sector lender reported a 14 per cent increase in total deposits to Rs 3.50 lakh crore in the reporting quarter against Rs 3.07 lakh crore at the end of the fourth quarter of the previous financial year.
     As a result, the total business (total credit and deposits) of the bank registered an increase of 18 per cent to Rs 6.42 lakh crore compared with Rs 5.46 lakh crore at the end of March 31, 2025.
     During the latest quarter, it said, the Current Accounts and Savings Accounts (CASA) ratio rose by 13 per cent to Rs 1.84 lakh crore against Rs 1.63 lakh crore in the same period of the preceding financial year.
     In percentage terms, low cost CASA deposits stood at 53 per cent of the total deposits at the end of the fourth quarter of FY26.

(This story has not been edited by THE WEEK and is auto-generated from PTI)