Branch² Intelligence
Bank Of Maharashtra Q1 Result: Profit Rises 27% To Rs 2,020 Crore, Gross NPA Flat At 1.45%
Key takeaway
Bank of Maharashtra Q1 net profit up 26.8% to Rs 2,020 crore, NII up 14.5%.
- Step 1Bank of Maharashtra Q1 profit jumps 27% to Rs 2,020 crore, NII up 14.5%.
- Step 2Improved profitability and stable NPAs signal stronger balance sheet, enabling higher lending to SMEs and corporates.
- Step 3Increased credit supply and lower risk premiums reduce borrowing costs for Indian SMEs, indirectly benefiting UK SMEs with Indian supply chains.
Source: IN:NDTV Profit
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