'Bank of Maharashtra conducted a conference call on 25 April 2025
to discuss the financial results for the quarter ended March 2025. Nidhu
Saxsna, MD & CEO of the bank addressed the call:
Highlights:
The bank has been able to record consistent growth across
parameters such as business growth, asset quality, profitability, capital
adequacy and efficiency parameters.
The business of the bank has increased by 15.3% to Rs 5.47
lakh crore, with deposits rising 13.4% to Rs 3.07 lakh crore and advances increased
17.8% to Rs 2.4 lakh crore.
The bank has reduced GNPA ratio to 1.74% and net NPA ratio
cut to 0.18% at end March 2025.
PCR is maintained at strong level of 98.3% end March 2025.
The bank has exhibited an improvement in the net interest
margin by 8 bps to 4% in FY2025, despite a challenging environment.
The bank has recorded recoveries as planned and good recoveries
are also recorded in the wr...
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