Bank of Maharashtra Q2 FY27: deposits up 21.50%, global advances up 29.61% to ₹3,29,359 crore
Sept'26 deposits up 21.50% to ₹3,76,407 crore, global advances up 29.61% to ₹3,29,359 crore; quarterly interest income up 20.73%.
By ScoutQuest · · 1 min read
- Total deposits
- up 21.50% to ₹3,76,407 crore
- Global advances
- up 29.61% to ₹3,29,359 crore
- Quarterly total interest income
- ₹8,607 crore (up 20.73%)
- Period
- Quarter and half year ended 30.09.2026
- Positioning
- A public sector bank with a balance sheet of ₹4,68,526 crore, RAM-led loan book (63.30% of domestic advances) and growing overseas advances.
📉 Total deposits rose 21.50% y-o-y to ₹3,76,407 crore at Sept'26 and global advances 29.61% to ₹3,29,359 crore; CASA share fell to 46.47% from 50.35%. Quarterly total interest income was ₹8,607 crore (up 20.73%) against interest expenses of ₹4,652 crore (up 19.88%).
🌍 Growth was broad: retail credit up 20.91%, agriculture 33.56%, MSME 24.69%, corporate 19.98%, while overseas advances jumped to ₹18,095 crore from ₹888 crore. Vehicle loans grew 54.10% and medium MSME 72.44%.
💰 The presentation lists new digital initiatives: STP journeys for PM SVANidhi loans, MSME working capital up to ₹25 lakh, and digital car loans, plus the TRUST trade finance platform and Bharat Connect; Zen Lyfe mobile users reached 1.66 million.
🎯 The bank reports renewable energy lending of Rs. 6170.86 Cr outstanding and priority sector loans of Rs. 1,22,125.27 Cr, and cites several 2026 awards including Best Mid-Sized Bank.
Also from Bank of Maharashtra
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27 Oct 2026
Security cover certificate: all listed debt securities unsecured; sanctioned amount Rs. 7930.70 crore
26 Oct 2026
Q2 FY27 press release: net profit up 41.42% to ₹ 2,310 crore, gross NPA at 1.25%
26 Oct 2026
More numbers
- Total deposits, Sept'263,76,407 (₹ in Crore)
- Deposit growth y-o-y21.50 %
- Global advances, Sept'263,29,359 (₹ in Crore)
- Global advances growth y-o-y29.61 %
- CASA %, Sept'2646.47
- Total interest income, Q2 Sept'268,607 (₹ in Crore)
- Total interest income, H1 Sept'2616,641 (₹ in Crore)
- Total interest expenses, Q2 Sept'264,652 (₹ in Crore)
- Balance sheet total, Sept'264,68,526 (₹ in Crore)
- RAM % to domestic advances, Sept'2663.30
- Overseas advances, Sept'2618,095 (₹ in Crore)
- Renewable energy loans outstanding, 30.09.26Rs. 6170.86 Cr
- Total workforce, 30.09.2617,122
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