Economy
Bank of Maharashtra Reports 41% Rise in Q2 Net Profit to ₹2,310 Crore

Bank of Maharashtra Reports 41% Rise in Q2 Net Profit to ₹2,310 Crore

The Hindu2h
THE BRIEF
1

Bank of Maharashtra recorded a 41% year-on-year increase in net profit to ₹2,310 crore for the second quarter ending September 30, 2026.

2

The bank's total business grew by 25.16% to ₹7.06 lakh crore, with gross advances surging 29.61% and deposits rising 21.50%.

3

Asset quality improved as gross non-performing assets fell to 1.25%, and the provision coverage ratio reached 98.53% by the end of the quarter.