Bank of Maharashtra (BoM) reports strong growth in both lending and deposits in the April–June quarter of FY26. In its regulatory filings, the Pune-based public sector lender says its total credit (outstanding loans) rises 27% year-on-year to ₹3.06 lakh crore in the June quarter. Total credit stands at ₹2.41 lakh crore at the end of the quarter. The bank’s credit includes loans to retail, agriculture and MSME (RAM) segments, which increase 25% year-on-year to ₹1.87 lakh crore. BoM also notes that its corporate credit exposure crosses ₹1 lakh crore, reaching ₹1.11 lakh crore, up 21% year-on-year.
On the funding side, BoM’s total deposits increase 13% to ₹3.44 lakh crore, compared with ₹3.05 lakh crore at the end of the first quarter of the previous financial year. As a result, the bank’s total business—defined as the combined total of credit and deposits—grows 19% to ₹6.51 lakh crore from ₹5.46 lakh crore. Overall, the reported figures indicate simultaneous expansion in both assets and deposits during the quarter.
