# Bank of Maharashtra

> Public sector banks. Figures from the lender's own filings, each checked against the page it came from.

Page: https://creditbrief.in/lenders/bom

## Loan book

- ₹2.92 lakh crore on 31 March 2026, the end of FY2025-26 (Global gross advances).
- ₹3.29 lakh crore on 30 Sep 2026, the latest half-year balance.
- Source: Bank of Maharashtra Investor Presentation Q4 FY26, PDF page 20: https://nsearchives.nseindia.com/corporate/MAHABANK_20042026151810_LettertoSE_InvestorPresentation.pdf

## Findings

- Grew 21% a year from March 2022 to March 2026, faster than 24 of the 29 other banks with like-for-like figures for those years.
- Growth picked up to 22% in FY2025-26, from 18% the year before.
- Moved up from 18th to 15th biggest of these 33 banks between March 2022 and March 2026.

## What it lends against (30 Sep 2026)

- Corporate & Others: ₹1.14 lakh crore (34.7%)
- MSME Sector: ₹58,049 crore (17.6%)
- Housing: ₹55,132 crore (16.7%)
- Agriculture Sector: ₹44,408 crore (13.5%)
- Overseas Advances: ₹18,095 crore (5.5%)
- Gold: ₹11,359 crore (3.4%)
- Vehicle: ₹7,509 crore (2.3%)
- LAP, Top-Up & Others: ₹7,078 crore (2.1%)
- Staff Loans: ₹4,264 crore (1.3%)
- Personal: ₹4,113 crore (1.2%)
- Education: ₹3,121 crore (0.9%)
- LAD: ₹1,239 crore (0.4%)
- Aadhar: ₹768 crore (0.2%)

Source: Bank of Maharashtra Investor Presentation Q2 FY27, PDF page 20: https://nsearchives.nseindia.com/corporate/MAHABANK_26102026154108_LettertoSE_InvestorPresentation26102026.pdf

## Figures by period

| Measure | FY2021-22 (31 Mar 2022) | FY2022-23 (31 Mar 2023) | FY2023-24 (31 Mar 2024) | FY2024-25 (31 Mar 2025) | FY2025-26 (31 Mar 2026) | 30 Sep 2026 |
|---|---|---|---|---|---|---|
| Loan book (₹ crore) | 1,35,240 | 1,75,120 | 2,03,664 | 2,39,837 | 2,91,967 | 3,29,359 |
| Retail, agriculture and MSME loans (₹ crore) | 80,669 | 1,00,076 | 1,24,300 | 1,48,768 | 1,79,616 | 1,97,038 |
| Corporate and wholesale loans (₹ crore) | 54,570 | 75,044 | 79,364 | 91,068 | 1,06,209 | 1,14,225 |
| Deposits (₹ crore) | 2,02,294 | 2,34,083 | 2,70,747 | 3,07,143 | 3,50,564 | 3,76,407 |
| CASA ratio (%) | 57.85 | 53.38 | 52.73 | 53.28 | 52.51 | 46.47 |
| Branches (Number) | 2,022 | 2,203 | 2,489 | 2,606 | 2,785 | 2,859 |
| Mobile app users (Million) |  |  | 1.2 | 2 | 1.1 | 1.7 |

### Sources for each figure

- Loan book, FY2021-22 (31 Mar 2022): "Gross Advances 1,07,654 1,29,006 1,35,240 25.62" (Bank of Maharashtra Press Release and Presentation Q4 FY22, PDF page 25) https://nsearchives.nseindia.com/corporate/MAHABANK_28042022142322_PressreleasePPT_31032022.pdf
- Loan book, FY2022-23 (31 Mar 2023): "Gross Advances 1,75,120 1,88,670 2,03,664 16.30" (Bank of Maharashtra Investor Presentation Q4 FY24, PDF page 22) https://nsearchives.nseindia.com/corporate/MAHABANK_26042024135528_Presentation_26042024.pdf
- Loan book, FY2023-24 (31 Mar 2024): "Gross Advances 1,75,120 1,88,670 2,03,664 16.30" (Bank of Maharashtra Investor Presentation Q4 FY24, PDF page 22) https://nsearchives.nseindia.com/corporate/MAHABANK_26042024135528_Presentation_26042024.pdf
- Loan book, FY2024-25 (31 Mar 2025): "Global Advances 2,39,837 2,73,502 2,91,967 21.74" (Bank of Maharashtra Investor Presentation Q4 FY26, PDF page 20) https://nsearchives.nseindia.com/corporate/MAHABANK_20042026151810_LettertoSE_InvestorPresentation.pdf
- Loan book, FY2025-26 (31 Mar 2026): "Global Advances 2,39,837 2,73,502 2,91,967 21.74" (Bank of Maharashtra Investor Presentation Q4 FY26, PDF page 20) https://nsearchives.nseindia.com/corporate/MAHABANK_20042026151810_LettertoSE_InvestorPresentation.pdf
- Loan book, 30 Sep 2026: "Global Advances 2,54,118 3,05,964 3,29,359 29.61" (Bank of Maharashtra Investor Presentation Q2 FY27, PDF page 20) https://nsearchives.nseindia.com/corporate/MAHABANK_26102026154108_LettertoSE_InvestorPresentation26102026.pdf
- Retail, agriculture and MSME loans, FY2021-22 (31 Mar 2022): "Total of RAM 67,986 75,926 80,669" (Bank of Maharashtra, Presentation of Revised Financial Results for the quarter and year ended 31 March 2022, PDF page 19) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/08742ed0-0e00-4fea-a62c-e038e079ca62.pdf
- Retail, agriculture and MSME loans, FY2022-23 (31 Mar 2023): "Total of RAM 80,669 90,491 1,00,076" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2023, PDF page 23) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/37626abc-7e9e-44b7-8728-6f66c62467dd.pdf
- Retail, agriculture and MSME loans, FY2023-24 (31 Mar 2024): "Total of RAM 1,00,076 1,15,149 1,24,300" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2024, PDF page 22) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/9ffd9be9-8d79-4a88-bf1e-d40b584fd600.pdf
- Retail, agriculture and MSME loans, FY2024-25 (31 Mar 2025): "Total of RAM 1,24,300 1,42,507 1,48,768" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2025, PDF page 22) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/b9789695-5144-43c5-9e21-961ccafbb755.pdf
- Retail, agriculture and MSME loans, FY2025-26 (31 Mar 2026): "Total of RAM 1,48,768 1,71,385 1,79,616" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2026, PDF page 20) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/14425a67-f04c-44fe-879f-e35b0783fb35.pdf
- Retail, agriculture and MSME loans, 30 Sep 2026: "Total of RAM 1,58,029 1,87,337 1,97,038" (Bank of Maharashtra, Presentation of Financial Results for the Quarter and Half Year ended 30 September 2026, PDF page 20) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/1ab80929-5108-4fac-a45f-25170f797c45.pdf
- Corporate and wholesale loans, FY2021-22 (31 Mar 2022): "Corporate & Others 39,668 53,080 54,570" (Bank of Maharashtra, Presentation of Revised Financial Results for the quarter and year ended 31 March 2022, PDF page 19) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/08742ed0-0e00-4fea-a62c-e038e079ca62.pdf
- Corporate and wholesale loans, FY2022-23 (31 Mar 2023): "Corporate 54,570 66,471 75,044" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2023, PDF page 23) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/37626abc-7e9e-44b7-8728-6f66c62467dd.pdf
- Corporate and wholesale loans, FY2023-24 (31 Mar 2024): "Corporate & Others 75,044 73,521 79,364" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2024, PDF page 22) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/9ffd9be9-8d79-4a88-bf1e-d40b584fd600.pdf
- Corporate and wholesale loans, FY2024-25 (31 Mar 2025): "Corporate & Others 79,364 86,136 91,068" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2025, PDF page 22) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/b9789695-5144-43c5-9e21-961ccafbb755.pdf
- Corporate and wholesale loans, FY2025-26 (31 Mar 2026): "Corporate & Others 91,068 98,601 1,06,209" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2026, PDF page 20) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/14425a67-f04c-44fe-879f-e35b0783fb35.pdf
- Corporate and wholesale loans, 30 Sep 2026: "Corporate & Others 95,201 1,10,521 1,14,225" (Bank of Maharashtra, Presentation of Financial Results for the Quarter and Half Year ended 30 September 2026, PDF page 20) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/1ab80929-5108-4fac-a45f-25170f797c45.pdf
- Deposits, FY2021-22 (31 Mar 2022): "Total Deposit 2,02,294 1,95,909 1,95,849 2,08,436 2,34,083" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2023, PDF page 6) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/37626abc-7e9e-44b7-8728-6f66c62467dd.pdf
- Deposits, FY2022-23 (31 Mar 2023): "Total Deposit 2,02,294 1,95,909 1,95,849 2,08,436 2,34,083" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2023, PDF page 6) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/37626abc-7e9e-44b7-8728-6f66c62467dd.pdf
- Deposits, FY2023-24 (31 Mar 2024): "Total Deposit 2,34,083 2,44,365 2,39,298 2,45,734 2,70,747" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2024, PDF page 7) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/9ffd9be9-8d79-4a88-bf1e-d40b584fd600.pdf
- Deposits, FY2024-25 (31 Mar 2025): "Total Deposits 1,74,006 2,02,294 2,34,083 2,70,747 2,67,416 2,76,289 2,79,007 3,07,143" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2025, PDF page 6) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/b9789695-5144-43c5-9e21-961ccafbb755.pdf
- Deposits, FY2025-26 (31 Mar 2026): "Total Deposits 3,07,143 3,05,046 3,09,791 3,21,661 3,50,564" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2026, PDF page 7) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/14425a67-f04c-44fe-879f-e35b0783fb35.pdf
- Deposits, 30 Sep 2026: "Total Deposits 3,09,791 3,21,661 3,50,564 3,44,493 3,76,407" (Bank of Maharashtra, Presentation of Financial Results for the Quarter and Half Year ended 30 September 2026, PDF page 7) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/1ab80929-5108-4fac-a45f-25170f797c45.pdf
- CASA ratio, FY2021-22 (31 Mar 2022): "CASA % 57.85 56.08 56.27 52.50 53.38" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2023, PDF page 7) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/37626abc-7e9e-44b7-8728-6f66c62467dd.pdf
- CASA ratio, FY2022-23 (31 Mar 2023): "CASA % 57.85 56.08 56.27 52.50 53.38" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2023, PDF page 7) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/37626abc-7e9e-44b7-8728-6f66c62467dd.pdf
- CASA ratio, FY2023-24 (31 Mar 2024): "CASA % 53.38 50.97 50.71 50.19 52.73" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2024, PDF page 8) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/9ffd9be9-8d79-4a88-bf1e-d40b584fd600.pdf
- CASA ratio, FY2024-25 (31 Mar 2025): "CASA % 53.99 57.85 53.38 52.73 49.86 49.29 49.28 53.28" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2025, PDF page 6) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/b9789695-5144-43c5-9e21-961ccafbb755.pdf
- CASA ratio, FY2025-26 (31 Mar 2026): "CASA % 53.28 50.07 50.35 49.54 52.51" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2026, PDF page 7) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/14425a67-f04c-44fe-879f-e35b0783fb35.pdf
- CASA ratio, 30 Sep 2026: "CASA % 50.35 49.54 52.51 48.51 46.47" (Bank of Maharashtra, Presentation of Financial Results for the Quarter and Half Year ended 30 September 2026, PDF page 7) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/1ab80929-5108-4fac-a45f-25170f797c45.pdf
- Branches, FY2021-22 (31 Mar 2022): "Branches 1,833 1,964 2,022" (Bank of Maharashtra, Presentation of Revised Financial Results for the quarter and year ended 31 March 2022, PDF page 34) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/08742ed0-0e00-4fea-a62c-e038e079ca62.pdf
- Branches, FY2022-23 (31 Mar 2023): "Total Branches 1,832 1,833 1,964 2,022 2,203" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2023, PDF page 37) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/37626abc-7e9e-44b7-8728-6f66c62467dd.pdf
- Branches, FY2023-24 (31 Mar 2024): "Total Branches 2,203 2,263 2,341 2,401 2,489" (Bank of Maharashtra, Presentation of Financial Results for Quarter / Year ended 31 March 2024, PDF page 35) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/9ffd9be9-8d79-4a88-bf1e-d40b584fd600.pdf
- Branches, FY2024-25 (31 Mar 2025): "Total Branches 2,489 2,499 2,508 2,551 2,606" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2025, PDF page 35) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/b9789695-5144-43c5-9e21-961ccafbb755.pdf
- Branches, FY2025-26 (31 Mar 2026): "Total Branches 2,606 2,641 2,665 2,719 2,785" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2026, PDF page 33) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/14425a67-f04c-44fe-879f-e35b0783fb35.pdf
- Branches, 30 Sep 2026: "Total Branches 2,665 2,719 2,785 2,815 2,859" (Bank of Maharashtra, Presentation of Financial Results for the Quarter and Half Year ended 30 September 2026, PDF page 33) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/1ab80929-5108-4fac-a45f-25170f797c45.pdf
- Mobile app users, FY2023-24 (31 Mar 2024): "1.79 2.90 2.93 3.11 1.56 1.32 1.17" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2025, PDF page 33) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/b9789695-5144-43c5-9e21-961ccafbb755.pdf
- Mobile app users, FY2024-25 (31 Mar 2025): "Mobile Banking Users (Mio) 98.70 4.22 98.39 98.47 1.97" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2025, PDF page 33) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/b9789695-5144-43c5-9e21-961ccafbb755.pdf
- Mobile app users, FY2025-26 (31 Mar 2026): "Zen Lyfe (Mobile Banking Users in Mio)* 98.92 1.11" (Bank of Maharashtra, Presentation of Financial Results for the Quarter / Year ended 31 March 2026, PDF page 31) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/14425a67-f04c-44fe-879f-e35b0783fb35.pdf
- Mobile app users, 30 Sep 2026: "Zen Lyfe (Mobile Banking Users in Mio)* Whats App Users (Mio.) UPI/BHIM Users (Mio) 1.66" (Bank of Maharashtra, Presentation of Financial Results for the Quarter and Half Year ended 30 September 2026, PDF page 31) https://bankofmaharashtra.bank.in/writereaddata/documentlibrary/1ab80929-5108-4fac-a45f-25170f797c45.pdf

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