Bank of Maharashtra’s total deposits and total advances increased by 15.72% and 29.59% year-on-year (yoy) as of the end of March 2023, respectively, with the bank’s total business This exceeds the 4,000 crore mark.
As of the end of March 2023, total deposits and total advances stood at ₹2.34,092 crore (₹2,02,294 crore at the end of March 2022) and ₹1,75,255 crore (₹1,35,240) respectively. crore), according to the public sector bank’s quarterly interim business update.
As of the end of March 2023, total business activity (total deposits plus total advances) stands at ₹4,09,347 crore (₹3,37,534 crore).
The low-cost current and savings account (CASA) deposit ratio fell to 53.39% of total deposits at the end of March 2023 from 57.85% at the end of March 2022. , the CASA rate improved at the end of March 2023 compared to 52.50% at the end of December 2022.
The credit-deposit ratio improved to 74.87% from 66.85% at the end of March 2022.