The bank also reported a 13.45% growth in total deposits, which reached Rs 3,07,152 crore as of 31 March 2025, up from Rs 2,70,747 crore as of 31 March 2024, and a 10.09% increase from Rs 2,79,007 crore as of 31 December 2024.
The bank's total business as of 31 March 2025 was at Rs 5,47,159 crore, registering a growth of 15.33% year on year (YoY) and 7.78% quarter on quarter (QoQ).
CASA (Current Account Savings Account) deposits stood at Rs 1,63,669 crore as of 31 March 2025, marking an increase of 14.64% YoY and 19.04% QoQ.
The CASA ratio improved to 53.29% as of 31 March 2025, compared to 52.73% as of 31 March 2024 and 49.28% as of 31 December 2024.
Bank of Maharashtra is a public sector bank in India. The Government of India held a 79.60% stake in the bank as of 31 December 2024.
The bank reported a standalone net profit of Rs 1,406.45 crore in Q3 FY25, registering a growth of 35.82% as against Rs 1,035.51 crore posted in Q3 FY24. Total income jumped 21.55% to Rs 7,112.43 crore in the third quarter of FY25 as against Rs 5,851.34 crore posted in the corresponding quarter of the previous year.
0 mins read . Dec 18, 2024
0 mins read . Dec 18, 2024
0 mins read . Dec 18, 2024
