Bank of Maharashtra Q1 net profit surges 27% to ₹2,020 crore
Bank of Maharashtra saw its standalone net profit climb by 26.84% to ₹2,020 crore for the first quarter of FY27. During the same period, the bank's Net Interest Income (NII) rose by 14.53%, reaching ₹3,770 crore. Asset quality also saw an improvement, with Gross NPA dropping to 1.45%. Additionally, the bank's total global business expanded by 19.10% to hit ₹6.50 lakh crore, fueled by strong gains in deposits, advances, and core lending activities.
by shortkt.com✓