Bank of Maharashtra

Bank of Maharashtra Credit Rating

CRISIL reaffirmed its Crisil A1+ rating on Bank of Maharashtra's Certificate of Deposits. No new money is involved, only a rating action on existing securities.

Bank of Maharashtra Management Change

Bank of Maharashtra disclosed that Chief General Manager Dinkar Sankpal ceased to hold the post at close of 31 October 2026 on superannuation. This is a senior management departure.

Bank of Maharashtra Other Announcement

Bank of Maharashtra revised its MCLR effective 31 October 2026, cutting overnight, one-month, three-month and six-month rates by 5-10 basis points. The one-year rate is unchanged at 9.05%.

Bank of Maharashtra Earnings Call Transcript: Key Takeaways

Bank of Maharashtra delivers a robust quarter with 25% business growth, record ROA of 2.02%, and best-in-class asset quality. Management successfully defended margins through strategic re-pricing and low-cost funding.

Call

Guides 18% growth

Bank of Maharashtra Results Update

Bank of Maharashtra reported Q2 FY27 net profit of ₹2,310 crore, up 41.42% YoY. Total business grew 25.16% to ₹7,05,766 crore.

Bank of Maharashtra Investor Presentation: Key Takeaways

Q2 FY27 net profit ₹2,310 Cr (+41.42% YoY); operating profit ₹3,369 Cr (+30.86%); global advances +29.61%; GNPA 1.25%.

Bank of Maharashtra Q2 FY27 Results: Net Profit ₹2,136 Cr, Up 28.0% YoY

Bank of Maharashtra reported revenue from operations of ₹8,606 Cr (+20.7% YoY) and net profit of ₹2,136 Cr (+28.0% YoY) for Q2 FY27.

Key figure

Net profit ₹2,136 Cr · +28.0% YoY

Bank of Maharashtra Board Meeting Date

Bank of Maharashtra will hold a board meeting on 26th October 2026 to approve financial results for the quarter and half-year ended 30th September 2026.

Bank of Maharashtra Debt & Borrowing: ₹78.6 Cr

Bank of Maharashtra paid Rs. 78.60 crore annual interest on Basel III Tier II Bonds (INE457A08092). Payment made on 21 October 2026 per Reg 57(1).

Value

₹78.60 Cr

Bank of Maharashtra Other Announcement

Bank of Maharashtra received an Environmental, Social, and Governance (ESG) rating from GlobeTrend Climate Impact Pvt. Ltd. The bank disclosed this rating pursuant to SEBI regulations.

Bank of Maharashtra Debt & Borrowing

Bank of Maharashtra filed its half-yearly statement of outstanding bonds for the period ended 30.09.2026. Total outstanding debt securities stand at ₹7,930.70 Crore across 13 tranches.

Bank of Maharashtra Other Announcement

Bank of Maharashtra has filed its quarterly shareholding pattern for the period ended September 30, 2026. This is a routine regulatory compliance disclosure.

Bank of Maharashtra Management Change

Bank of Maharashtra announced that Shri Amit Srivastava has ceased to be the Chief Vigilance Officer of the Bank upon superannuation effective September 30, 2026.

Bank of Maharashtra Other Announcement

Bank of Maharashtra has revised its Marginal Cost of Funds Based Lending Rate (MCLR) across multiple tenors, effective September 30, 2026.

Bank of Maharashtra Debt & Borrowing: ₹500 Cr

Bank of Maharashtra has redeemed its Basel III Tier II bonds worth Rs. 500 Crore. The redemption was completed on maturity, reducing the outstanding amount to zero.

Value

₹500.0 Cr

Bank of Maharashtra Debt & Borrowing: ₹11.09 Cr

Bank of Maharashtra has paid Rs. 11.09 Crore in interest and principal for its Basel III Tier II bonds. The payment confirms fulfillment of debt obligations.

Value

₹11.09 Cr

Bank of Maharashtra Debt & Borrowing: ₹511.1 Cr

Bank of Maharashtra has paid Rs. 11.09 Crore in annual interest and redeemed Tier II Bonds worth Rs. 500 Crore. The full redemption of ISIN INE457A08035 was completed upon maturity.

Value

₹511.1 Cr

Bank of Maharashtra Credit Rating

Fitch Ratings assigned a 'BBB-' rating to Bank of Maharashtra's USD 500 million senior unsecured Medium Term Note programme due September 2031.

Value

₹4,750 Cr

Bank of Maharashtra Adverse Business Impact

Bank of Maharashtra disclosed a proposed three-day strike (28–30 Sept 2026) by bank unions. Branch functioning may be affected if the strike materializes.

Bank of Maharashtra Credit Rating

Bank of Maharashtra received a BBB credit rating from S&P Global Ratings for its USD 500 million Medium Term Note Programme.

Bank of Maharashtra Debt & Borrowing: ₹41.1 Cr

Bank of Maharashtra paid ₹41.10 Crore annual interest on its Basel III Tier II Bonds. The bonds carry a ₹515 Crore issue size with annual coupons.

Value

₹41.10 Cr

Bank of Maharashtra Debt & Borrowing: ₹4,800 Cr

Bank of Maharashtra issued Senior Unsecured Fixed Rate Notes worth USD 500 million, maturing in 5 years at a 6.112% coupon, listed on India INX and NSE IX.

Value

₹4,800 Cr

Execution

5 years

Bank of Maharashtra Management Change

Bank of Maharashtra has appointed Shri Saurabh Kumar as a GOI Nominee Director on its Board, effective September 10, 2026, replacing Shri Abhijit Phukon.

Bank of Maharashtra Adverse Business Impact

Bank of Maharashtra informed exchanges that trade unions have proposed a one-day strike on September 11, 2026. The bank is implementing measures to ensure continued operations.

Bank of Maharashtra Debt & Borrowing: ₹62.05 Cr

Bank of Maharashtra has completed the interest payment for its Basel III AT I bonds, amounting to ₹62.05 Crore. This confirms timely debt servicing obligations.

Value

₹62.05 Cr

Bank of Maharashtra Other Announcement

Bank of Maharashtra confirmed payment of ₹62.05 Crore annual interest on Basel III Additional Tier I Bonds (ISIN: INE457A08118). This is a routine Reg 57(1) compliance certificate.

Value

₹62.05 Cr

Bank of Maharashtra Investor Presentation: Key Takeaways

Bank of Maharashtra reported strong Q1 FY27 results with Net Profit increasing 26.84% YoY to ₹20.20 bn. Strategy focuses on RAM segment growth (63% of domestic advances) and maintaining a high CASA ratio (48.51%).

Bank of Maharashtra Credit Rating

Bank of Maharashtra received a 'BBB-' rating from Fitch Ratings for its USD 500 million Euro Medium Term Note Programme.

Bank of Maharashtra Debt & Borrowing: ₹4,700 Cr

Bank of Maharashtra has established a USD 500 million Euro Medium Term Note (EMTN) Programme. This facility provides a framework for future international debt issuance.

Value

₹4,700 Cr

Bank of Maharashtra Debt & Borrowing: ₹500 Cr

Bank of Maharashtra has announced the record date of September 12, 2026, for the redemption payment of its BASEL III Tier II bonds worth Rs. 500 Crore.

Value

₹500.0 Cr