MoneyWorks4Me

Bank of Maharashtra’s total deposits up 16% in Q4FY22

04 Apr 2022 Evaluate

Bank of Maharashtra’s deposits grew 16.46% to Rs 202,641 crore (Provisional) as of March 31, 2022 (Q4FY22), as compared to Rs 174,006 crore on a yearly basis. On a quarterly basis, the deposits were up 8.59% from Rs 186,614 crore as of December 2021.

Gross Advance stood at Rs 136,733 crore as of March 31, 2022, posting a 27.02% rise in year-on-year (YoY) terms against Rs 107,654 crore as of March 31, 2021 and in quarter-on-quarter (QoQ) basis stood at Rs 129,006 crore in December 2021.

CASA Ratio stood at 57.93% as of March 31, 2022 versus 55.05% as of December 31, 2021. The CASA was up 24.95% to Rs 117,383 crore against Rs 93,945 crore YoY and up 14.26% from Rs 102,732 crore QoQ.

Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The Bank also offers services to agricultural and SME sectors.

Peers
Company Name CMP
State Bank Of India 951.75
PNB 111.05
Bank Of Baroda 231.70
Canara Bank 117.15
Union Bank Of India 166.00
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