Q4FY23 Quarterly Result Announced for Bank of Maharashtra
Bank of Maharashtra announced Q4FY23 results: Total Business grew by 21.23% to Rs 4,09,202 crore Total Deposits increased by 15.71% to Rs 2,34,083 crore Gross Advances increased by 29.49% to Rs 1,75,120 crore Credit - Deposit (CD) Ratio improved to 74.81% Gross NPA declined to 2.47% as on 31.03.2023 Net NPA reduced to 0.25% as on 31.03.2023 Provision Coverage Ratio improved to 98.28% Net Profit increased by 136.48% to Rs 840 crore as on 31.03.2023 Operating profit grew by 57.36% to Rs 1,855 crore Net Interest Income increased by 35.66% to Rs 2,187 crore Net Interest Margin (NIM) improved to 3.78% as on 31.03.2023 Cost to Income Ratio improved to 38.34% Return on Assets (ROA) improved to 1.32% for Q4FY23 Return on Equity (ROE) improved to 26.32% CRAR improved to 18.14% of which Tier I is 14.25% Result PDF24-04-2023