Facebook Pixel Bank of Maharashtra profit up 23% | Financial Express Hyderabad - newspaper - Lisez cet article sur Magzter.com

Essayer OR - Gratuit

Bank of Maharashtra profit up 23%

Financial Express Hyderabad

|

July 16, 2025

BANK OF MAHARASHTRA on Tuesday reported a net profit of ₹1,593 crore for the first quarter of the current fiscal, up 23.14% year-on-year.

- GEETA NAIR

Net interest income grew 17.60% to ₹3,292 crore, driven primarily by a high double-digit growth in the retail loan portfolio. The net interest margin (NIM) fell 2 bps YoY to 3.95%.

The asset quality showed an improvement as gross non-performing assets (NPAs) declined to 1.74% of gross advances from 1.85% a year ago. Net NPAs declined to 0.18% from 0.20%.

However, the agriculture sector NPAs rose to 9.65% from 7.77% a year ago. The slippage ratio was 1.23%, compared with 1.18% in the year-ago period.

PLUS D'HISTOIRES DE Financial Express Hyderabad

Financial Express Hyderabad

Municipal bonds offer a good spread over G-Secs

PERFECT PORTFOLIO DIVERSIFIERS AS THEY ARE UNAFFECTED BY MARKET VOLATILITY

time to read

1 mins

March 05, 2026

Financial Express Hyderabad

New era of UK education in India

BEYOND SOUTHAMPTON: EIGHT MORE UK UNIVERSITIES OPENING CAMPUSES

time to read

2 mins

March 05, 2026

Financial Express Hyderabad

AI revenues of $10-12 bn within reach of IT firms

Analysts say achieving the target hinges on net-new spending and clearer definitions

time to read

2 mins

March 05, 2026

Financial Express Hyderabad

'Put guardrails to get rid of AI hallucination'

Legaltech firm Manupatra has joined hands with AI-powered legal workspace Legora to integrate its comprehensive Indian legal, regulatory and business database into Legora’s platform.

time to read

1 min

March 05, 2026

Financial Express Hyderabad

UPI faces the hard road to the billion-user challenge

e Incentives, investment & onboarding to drive adoption

time to read

2 mins

March 05, 2026

Financial Express Hyderabad

New farm-sector scheme gives thrust to 100 laggard districts

DDKY with an annual outlay of ₹24,000 crore for six years, is currently implemented through convergence of 36 existing central and state schemes

time to read

2 mins

March 05, 2026

Financial Express Hyderabad

Govt revamps training guidelines for ITIs

THE GOVERNMENT HAS revamped the training guidelines for the Industrial Training Institutes (ITIs) with a mandatory provision to provide 150 hours of on-the-job training (OJT) to trainees enrolled in the vocational programmes.

time to read

1 min

March 05, 2026

Financial Express Hyderabad

A fee must not become a tax

SECURITIES MARKETS CODE HAS ADDRESSED A DOCTRINAL DISPUTE, BUT DEEPER INSTITUTIONAL ISSUE PERSISTS

time to read

4 mins

March 05, 2026

Financial Express Hyderabad

EU floats ‘Made in EU’ rules for strategic sectors

THE EUROPEAN COMMISSION unveiled plans on Wednesday to boost the competitiveness of the EU's manufacturing sector during its drive to decarbonise and avoid reliance on cheap Chinese imports by setting local content requirements.

time to read

1 mins

March 05, 2026

Financial Express Hyderabad

Expanded metro list for HRA adds shine to old tax regime

FOR MANY SALARIED taxpayers, especially those residing in high-rent cities, the ability to claim house rent allowance (HRA) exemption often determines whether the old regime results in lower tax outgo compared to the concessional new regime.

time to read

2 mins

March 05, 2026

Listen

Translate

Share

-
+

Change font size