Bank of Maharashtra Reports 22% Loan Growth in Fourth Quarter

Bank of Maharashtra Registers 22 Percent Credit Growth in Q4 FY26

Bank of Maharashtra (BoM) has reported a significant increase in credit growth for the fourth quarter ended March 2026. According to the bank's regulatory filing, the total credit growth was 22 percent, reaching Rs 2.92 lakh crore during the quarter.

This represents a substantial increase from the previous quarter, where the outstanding credit stood at Rs 2.40 lakh crore at the end of January-March. The total credit also includes Rs 1.12 lakh crore in corporate credit and Rs 1.79 lakh crore in RAM advances during the quarter.

In addition to the growth in credit, BoM also reported a 14 percent increase in total deposits to Rs 3.50 lakh crore in the reporting quarter. This is a significant increase compared to the Rs 3.07 lakh crore in deposits at the end of the fourth quarter of the previous financial year.

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As a result of the growth in credit and deposits, the total business (total credit and deposits) of the bank registered an increase of 18 percent to Rs 6.42 lakh crore compared with Rs 5.46 lakh crore at the end of March 31, 2025.

Furthermore, the Current Accounts and Savings Accounts (CASA) ratio rose by 13 percent to Rs 1.84 lakh crore against Rs 1.63 lakh crore in the same period of the preceding financial year. In percentage terms, low-cost CASA deposits stood at 53 percent of the total deposits at the end of the fourth quarter of FY26.