Bank of Maharashtra Q1 results 2026 and business update: Bank of Maharashtra has reported strong growth in total business, deposits and advances for the quarter ended June 30, 2026. According to the Bank of Maharashtra Q1 business update for FY 2026-27, the bank’s total business increased by 19% year-on-year, while global advances jumped 27%.
The latest Bank of Maharashtra quarter update for June 2026 showed that total business reached ₹6.51 lakh crore as of June 30, 2026. This is 19% higher than ₹5.46 lakh crore reported as of June 30, 2025.
Bank of Maharashtra Q1 Business Update 2026
Bank of Maharashtra reported healthy year-on-year growth across major business parameters during the first quarter of FY 2026-27. The Bank of Maharashtra June quarter 2026 business figures showed growth in total deposits, global advances, RAM advances and domestic corporate advances.
Total business of the bank increased by 19% year-on-year to ₹6.51 lakh crore in June 2026 from ₹5.46 lakh crore in June 2025. The strong growth was supported by a sharp rise in the bank’s advances.
Bank of Maharashtra Total Business Rises 19% to ₹6.51 Lakh Crore
As per the Bank of Maharashtra Q1 FY27 business update, total business stood at ₹6.51 lakh crore as of June 30, 2026. In comparison, the bank had reported total business of ₹5.46 lakh crore as of June 30, 2025.
This represents a year-on-year growth of 19%. The latest business figures indicate strong growth in the bank’s deposit and loan portfolio during the June 2026 quarter.
Bank of Maharashtra Deposits Rise 13% to ₹3.44 Lakh Crore
Bank of Maharashtra total deposits increased by 13% year-on-year to ₹3.44 lakh crore as of June 30, 2026. Total deposits stood at ₹3.05 lakh crore in the corresponding period ended June 30, 2025.
The bank’s CASA ratio stood at 49% in June 2026, compared to 50% in June 2025. CASA refers to current account and savings account deposits and is an important indicator of a bank’s deposit profile.
Bank of Maharashtra Global Advances Jump 27% to ₹3.06 Lakh Crore
Bank of Maharashtra recorded strong growth in its loan portfolio during the June 2026 quarter. The bank’s global advances increased by 27% year-on-year to ₹3.06 lakh crore as of June 30, 2026.
Global advances stood at ₹2.41 lakh crore as of June 30, 2025. The 27% growth in advances was higher than the 13% growth reported in total deposits during the same period.
Bank of Maharashtra RAM Advances Rise 25%
The bank’s RAM advances increased by 25% year-on-year to ₹1.87 lakh crore as of June 30, 2026. RAM advances stood at ₹1.50 lakh crore in June 2025.
RAM generally covers the retail, agriculture and MSME segments. Growth in RAM advances reflects the expansion of the bank’s lending portfolio across these key business segments.
Bank of Maharashtra Domestic Corporate Advances Rise 21%
Domestic corporate advances of Bank of Maharashtra increased by 21% year-on-year to ₹1.11 lakh crore as of June 30, 2026. The bank had reported domestic corporate advances of ₹0.91 lakh crore as of June 30, 2025.
The growth in corporate advances, along with the increase in RAM advances, supported the strong 27% rise in the bank’s global advances during the quarter ended June 2026.
Bank of Maharashtra Q1 Results 2026 and Business Update at a Glance
| Particulars | June 30, 2025 | June 30, 2026 | YoY Growth |
|---|---|---|---|
| Total Business | ₹5.46 lakh crore | ₹6.51 lakh crore | 19% |
| Total Deposits | ₹3.05 lakh crore | ₹3.44 lakh crore | 13% |
| CASA Ratio | 50% | 49% | – |
| Global Advances | ₹2.41 lakh crore | ₹3.06 lakh crore | 27% |
| RAM Advances | ₹1.50 lakh crore | ₹1.87 lakh crore | 25% |
| Domestic Corporate Advances | ₹0.91 lakh crore | ₹1.11 lakh crore | 21% |
Bank of Maharashtra Reports Strong Growth in June Quarter 2026
The Bank of Maharashtra June quarter 2026 business update showed strong growth in the bank’s overall business and advances. Total business increased 19% to ₹6.51 lakh crore, while global advances rose 27% to ₹3.06 lakh crore.
Total deposits grew 13% to ₹3.44 lakh crore. RAM advances and domestic corporate advances also recorded year-on-year growth of 25% and 21%, respectively. The figures provide an early update on the bank’s business performance for the first quarter of FY 2026-27 ended June 30, 2026.
