Bank of Maharashtra Reports 22% Credit Growth, Deposits Up 14% In Q4 FY26
- By Kotak News Desk
- 06 Apr 2026 at 1:18 PM IST
- Market News
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Bank of Maharashtra reported 22% credit growth to ₹2.92 lakh crore in Q4 FY26, with deposits up 14% and CASA ratio steady at 53%.
Bank of Maharashtra (BoM) reported a steady set of numbers for the quarter ended March 2026, led by strong growth in its loan book.
Total credit rose 22% year-on-year to ₹2.92 lakh crore in the fourth quarter ended March 2026, compared with ₹2.40 lakh crore in the same quarter last year, according to a regulatory filing.
The growth was supported by both corporate lending and retail-focused segments. Corporate credit stood at ₹1.12 lakh crore, while advances under retail, agriculture and the Ministry of Micro, Small and Medium Enterprises (RAM) reached ₹1.79 lakh crore during the quarter.
Deposits also moved higher, though at a slower pace. The bank’s total deposits increased 14% year-on-year to ₹3.50 lakh crore, up from ₹3.07 lakh crore in the same quarter last year.
The bank’s overall business, which includes both credit and deposits, rose 18% to ₹6.42 lakh crore from ₹5.46 lakh crore a year earlier.
At 11:03 AM, Bank of Maharashtra (BoM) shares were trading at ₹65.19 on the National Stock Exchange (NSE).
How Did CASA Deposits Perform This Quarter?
The bank reported an improvement in its low-cost deposit base, with Current Accounts and Savings Accounts (CASA) deposits rising to ₹1.84 lakh crore from ₹1.63 lakh crore in the same period last year.
In percentage terms, CASA stood at 53% of total deposits at the end of the quarter.
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What Investors Can Watch Next?
The figures reveal a distinct difference between credit and deposit expansion. This is something that investors are almost certainly going to monitor carefully.
If lending increases at a faster rate than deposits, this might result in a reduction of liquidity or increased costs of raising funds.
The CASA ratio is going to be a significant factor as well. A fall in this ratio may have an impact on the margins, particularly when interest rates are going up.
Asset quality will be the highlight of the day. The ability to keep the non-performing assets (NPAs) at the same level even when the loan growth is accelerated will be the main concern.
Sources:
The Hindu
Livemint
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