Bank of Maharashtra Q2 profit jumps 41.5% as bad loans decline
60-Word AI Digest
Bank of Maharashtra posted a 41.5% year-on-year rise in Q2 net profit to Rs 2,310 crore, supported by stronger income, deposit and credit growth, improved asset quality and a return on assets of 2.02%.
Key Takeaways
- Bank of Maharashtra Q2 profit jumps 41.5% as bad loans decline
- Bank of Maharashtra posted a 41.5% year-on-year rise in Q2 net profit to Rs 2,310 crore, supported by stronger income, deposit and credit growth, improved asset quality and a return on assets of 2.02%.
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Bank of Maharashtra posted a 41.5% year-on-year rise in Q2 net profit to Rs 2,310 crore, supported by stronger income, deposit and credit growth, improved asset quality and a return on assets of 2.02%.
Original Publisher Attribution
This summary was curated from Economic Times.