Bank of Maharashtra Rises as Q2FY26 Deposits Grow 12% Year-on-Year

Mumbai, October 7 (Udaipur Kiran): Shares of Bank of Maharashtra traded higher on Monday after the lender reported a 12.13% year-on-year (YoY) growth in total deposits for the quarter ended September 30, 2025 (Q2FY26).

Bank of Maharashtra

The stock was trading at ₹57.19, up ₹0.71 or 1.26%, compared to its previous close of ₹56.48 on the BSE. The scrip opened at ₹56.62 and touched an intraday high of ₹57.56 and a low of ₹56.62. Around 4.31 lakh shares were traded on the counter during the session.

The BSE Group ‘A’ stock, with a face value of ₹10, has a 52-week high of ₹59.85 (December 5, 2024) and a 52-week low of ₹38.11 (April 7, 2025). Over the past week, the stock has traded between ₹57.56 and ₹53.92. The bank’s market capitalisation currently stands at ₹43,941.85 crore.

In terms of shareholding, promoters hold 79.60%, institutional investors account for 12.29%, and non-institutional investors own 8.11%.

As per the bank’s provisional Q2FY26 data, total deposits stood at ₹3,09,800 crore as of September 30, 2025, up from ₹2,76,289 crore a year ago. Global advances rose 16.87% to ₹2,54,187 crore, compared to ₹2,17,504 crore as of September 30, 2024. The bank’s CASA (Current Account Savings Account) deposits grew 14.55%, reaching ₹1,55,989 crore from ₹1,36,174 crore a year earlier.

Bank of Maharashtra offers a wide range of personal banking products including savings accounts, deposits, personal loans, education loans, demat services, and credit cards. The bank also provides services to the agriculture and SME sectors, strengthening its presence across key customer segments.

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