shares rose 4.5% on Monday, April 6 after the public sector lender said that it has achieved a credit growth of 22% totaling ₹2.92 lakh crore for the fourth quarter ending March 2026.
At the conclusion of the January to March quarter of the previous fiscal year, the outstanding credit stood at ₹2.40 lakh crore, as reported by the bank in a regulatory document.
The overall credit figure comprises ₹1.12 lakh crore in corporate credit, along with RAM advances amounting to ₹1.79 lakh crore during the quarter, according to the statement.
The public sector bank, based in Pune, reported a 14% rise in total deposits, reaching ₹3.50 lakh crore for the reporting quarter, up from ₹3.07 lakh crore at the close of the fourth quarter of the last financial year.
Consequently, the bank’s total business (including total credit and deposits) saw an 18% growth, increasing to ₹6.42 lakh crore from ₹5.46 lakh crore as of March 31, 2025.
In the most recent quarter, the bank noted that its Current Accounts and Savings Accounts (CASA) ratio improved by 13%, amounting to ₹1.84 lakh crore compared to ₹1.63 lakh crore during the same period of the previous financial year.
In percentage terms, low-cost CASA deposits accounted for 53% of the overall deposits by the conclusion of the fourth quarter of FY26.
Bank of Maharashtra share price today
Bank of Maharashtra share price today opened at ₹64.29 apiece on the BSE, the stock touched an intraday high of ₹66.85 per share and an intraday low of ₹63.01 per share.
According to Rajesh Bhosale, Equity Technical and Derivative Analyst at , stock prices have been consolidating in the 61–67 range over the past few weeks, and the next directional move is likely only on a breakout from this band. A sustained move above 67 could revive the uptrend, potentially pushing prices towards the 73–75 levels. The overall undertone remains positive, with PSU Bank stocks finding support around the 200-day SMA.
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