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Bank of Maharashtra posts 26.5% rise in net profit in Q3FY26; asset quality improves

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Bank of Maharashtra posts 26.5% rise in net profit in Q3FY26; asset quality improves
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Debasis Mohapatra

Bengaluru, 13 Jan 2026

Bank of Maharashtra on Tuesday posted a healthy set of third quarter results with improvement in asset quality. Provisions also declined during the December quarter.

Here is a snapshot:

ParticularsQ3FY26Rise/Fall YoY
Net ProfitRs 1,779 crore26.51% ↑
Net Interest IncomeRs 3,422 crore16.27% ↑
Net Interest Margin (Domestic)3.87%10 basis points ↓
Total DepositsRs 3,21,661 crore15.29% ↑
Share of CASA in total deposit49.54%26 basis points ↑
Gross AdvancesRs 2,73,502 crore19.62% ↑
Gross NPA1.60%20 basis points improvement
Net NPA0.15%5 basis points improvement
Provisions & ContingenciesRs 728 crore13.38% ↓

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