Bank of Maharashtra Business Update
Bank of Maharashtra has revised its Marginal Cost of Funds Based Lending Rates (MCLR) across various tenors, effective from July 25, 2026.
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Bank of Maharashtra has revised its Marginal Cost of Funds Based Lending Rates (MCLR) across various tenors, effective from July 25, 2026.
Bank of Maharashtra revised its Marginal Cost of Funds Based Lending Rate across various tenors. The changes, effective May 30, 2026, include an overnight rate reduction.
Bank of Maharashtra revised its Marginal Cost of Funds Based Lending Rate (MCLR) across various tenors effective April 30, 2026. The overnight rate was reduced to 7.65%, while the three-month rate increased to 8.55%.
Bank of Maharashtra reported provisional business figures for FY26, with total business growing 18% Y-o-Y to ₹6,42,700 Crore. Total deposits rose 14% to ₹3,50,585 Crore, while global advances surged 22% to ₹2,92,115 Crore. The bank maintained a stable CASA ratio of 53%, reflecting consistent operational momentum.