Bank of Maharashtra Q4 FY26 Update: Global Advances Surge 22% as Total Business Crosses ₹6.4 Trillion

Bank of Maharashtra (NSE: MAHABANK; BSE: 532525) has released its provisional business update for the financial year ended March 31, 2026. The Pune-headquartered lender continues to showcase sector-leading growth, particularly in its credit deployment, while maintaining a robust low-cost deposit base.

Lending Momentum: RAM and Corporate Growth

The bank reported a substantial expansion in its loan portfolio, driven by both retail and corporate segments.

Global Advances: Reached ₹2,92,115 crore, marking a sharp 22% Year-on-Year (YoY) growth.

RAM Advances: The Retail, Agriculture, and MSME (RAM) segment grew by 21% YoY to ₹1,79,847 crore.

Corporate Credit: Global corporate advances saw a 23% YoY increase, while domestic corporate lending grew by 17%.

Credit-Deposit (CD) Ratio: The domestic CD ratio improved to 82% from 78% last year, indicating high efficiency in credit utilization.

Deposit Profile and Business Scale

The bank maintained its strength in mobilizing low-cost deposits, keeping its CASA ratio among the highest in the industry.

Total Business: Crossed the milestone of ₹6.4 trillion, reaching ₹6,42,700 crore with an overall growth of 18% YoY.

Total Deposits: Stood at ₹3,50,585 crore, up 14% YoY.

CASA Ratio: Successfully maintained at a robust 53%, with CASA deposits growing 13% YoY to ₹1,84,110 crore.

Notably, the bank also reported its first overseas figures for IBU (IFSC Banking Unit) advances at ₹6,124 crore. These figures are provisional and subject to a statutory audit.

Source : Equity Bulls

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BankofMaharashtra BusinessUpdate Q4FY26 FY2026