Bank of Maharashtra Reports Strong Q3 FY26 Results with Profit Growth and Dividend
3 hours agoBusiness
28LENS
10 SourcesPune, India
TBNthebalanced.news
Bank of Maharashtra Reports Strong Q3 FY26 Results with Profit Growth and Dividend

Bank of Maharashtra reported a strong third quarter for FY26, with net profit rising approximately 26.5% year-on-year to around Rs 1,779 crore. Net interest income also saw a significant increase of about 16%. The bank demonstrated improved asset quality, with gross and net non-performing assets (NPAs) declining. Advances grew by approximately 20%, and deposits increased by about 15%. The bank's board approved an interim dividend of 10%.

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