Bank of Maharashtra announced that Acuite Ratings & Research has reaffirmed the rating on the Bank`s existing and proposed bonds between Acuite AA+ and Acuite AA with `Stable` outlook. Powered by Capital Market - Live News

Bank of Maharashtra has received reaffirmation in credit rating for certificate of deposit (Rs 20,000 crore) at CRISIL A1+. Powered by Capital Market - Live News

Bank of Maharashtra has revised the Marginal Cost of Funds Based Lending Rate (MCLR) with effect from 19 October 2024 as under:Overnight - 8.20% One months - 8.40% Three months - 8.60%Six months - 8.80% More than six months - 9.05%Powered by Capital Market - Live News

Net profit of Bank of Maharashtra rose 44.89% to Rs 1332.77 crore in the quarter ended September 2024 as against Rs 919.84 crore during the previous quarter ended September 2023. Total Operating Income rose 18.73% to Rs 6017.41 crore in the quarter ended September 2024 as against Rs 5067.96 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income6017.415067.96 19 OPM %63.1357.30 - PBDT1380.26935.72 48 PBT1380.26935.72 48 NP1332.77919.84 45 Powered by Capital Market - Live News

Bank of Maharashtra will hold a meeting of the Board of Directors of the Company on 15 October 2024.Powered by Capital Market - Live News