BUSINESSCNBC-TV18 Markets · 2 hours agoLive
Bank of Maharashtra Q2 Results: Net profit jumps 41% as NII rises 22%; asset quality improves
Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
Bank of Maharashtra reported a 41.4% year-on-year (YoY) rise in Q2 FY27 net profit to ₹2,309.6 crore, while net interest income increased 22% to ₹3,954.4 crore. Asset quality improved, with the gross non-performing assets (NPA) ratio declining to 1.25% and the net NPA ratio falling to 0.12%, while total global business grew 25.16% to ₹7,05,766 crore.
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