Bank of Maharashtra announced that the 21th Annual General Meeting(AGM) of the company will be held on 12 June 2024.Powered by Capital Market - Live News

Bank of Maharashtra has revised the Marginal Cost of Funds Based Lending Rates (MCLR) as under:Overnight - 8.10% One month - 8.30%Three month - 8.45% Six month - 8.65% More than six months - 8.85%Powered by Capital Market - Live News

Net profit of Bank of Maharashtra rose 46.32% to Rs 1229.87 crore in the quarter ended March 2024 as against Rs 840.51 crore during the previous quarter ended March 2023. Total Operating Income rose 21.61% to Rs 5466.73 crore in the quarter ended March 2024 as against Rs 4495.46 crore during the previous quarter ended March 2023.For the full year,net profit rose 56.31% to Rs 4071.78 crore in the year ended March 2024 as against Rs 2605.00 crore during the previous year ended March 2023. Total Operating Income rose 28.91% to Rs 20494.85 crore in the year ended March 2024 as against Rs 15898.60 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Total Operating Income5466.734495.46 22 20494.8515898.60 29 OPM %57.2253.32 -58.7258.63 - PBDT1267.62910.54 39 4360.573445.95 27 PBT1267.62910.54 39 4360.573445.95 27 NP1229.87840.51 46 4071.782605.00 56 Powered by Capital Market - Live News

Bank of Maharashtra announced that the Board of Directors of the Company at its meeting held on 26 April 2024, inter alia, have recommended the final dividend of Rs 1.4 per equity Share (i.e. 14%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Bank of Maharashtra has revised the meeting of the Board of Directors which was scheduled to be held on 25 April 2024. The meeting will now be held on 26 April 2024.Powered by Capital Market - Live News