Q3FY22 Quarterly Result Announced for Bank of Maharashtra
Banking firm Bank of Maharashtra declares Q3FY22 result: Total Business grew by 18.27% to Rs 315,620 crore. Total Deposits up by 15.21% to Rs 186614 crore. CASA increased by 24.60 % & reached at level of 55.05% Gross Advances increased by 22.98% to Rs 129,006 crore. Gross NPA declined to 4.73% as on 31.12.2021. Net NPA reduced to 1.24% as on 31.12.2021. Provision Coverage Ratio improved to 93.77%. Net Profit up by 110.70% to Rs 325 crore. Operating profit grew by 28.21% to Rs 1162 crore . Net Interest Income increased by 16.90% to Rs 1527 crore. Net Interest Margin (NIM) improved to 3.11 % as on 31.12.2021. Cost to Income Ratio improved to 45.63%. Return on Assets (ROA) improved to 0.60%. CRAR improved to 14.85% of which Tier I is 10.61%. Result PDF20-01-2022