Branch² Intelligence
Bank of Maharashtra Q1 Results: Asset quality stable but provisions rise sequentially
Key takeaway
Bank of Maharashtra's Q1 provisions rose 36% QoQ to ₹840 crore, signaling credit cost normalization.
- Step 1Bank of Maharashtra provisions rise to ₹840 crore in Q1 from ₹617 crore in Q4.
- Step 2Higher provisions compress net profit growth, potentially leading to lower return on equity.
- Step 3Investors re-rate PSU banks with similar loan profiles, increasing cost of equity for the sector.
Source: CNBC TV18 (Markets)
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