Bank of Maharashtra Announced Q1FY23 Result :
- Total Business grew by 18.07% to Rs 336,470 crore.
- Total Deposits up by 12.35% to Rs 195,909 crore.
- CASA stood at level of 56.08% of Total Deposit.
- Gross Advances increased by 27.10% to Rs 140,561 crore.
- CD Ratio increased to 71.75%
- Gross NPA improved to 3.74% as on 30.06.2022.
- Net NPA improved to 0.88% as on 30.06.2022.
- Provision Coverage Ratio improved to 95.04%.
- Net Profit up by 117.25% to Rs 452 Crore.
- Operating profit improved to Rs 1202 Crore.
- Net Interest Income increased by 19.90% to Rs1,686 crore.
- Net Interest Margin (NIM) improved to 3.28% as on 30.06.2022.
- Cost to Income Ratio improved to 40%.
- Return on Assets (ROA) improved to 0.81%.
- Return on Equity (RoE) has improved to 16.75%.
- CRAR improved to 16.15 % of which Tier I is 12.16%