Business

⚡Bank of Maharashtra Q4 Earnings: Profit Up 35%, NPAs Decline, Capital Ratio Falls

By Kabir

State-run Bank of Maharashtra reported a 35% rise in Q4 net profit to INR 2,014 crore, driven by higher income and improved asset quality. NPAs declined, while total income and interest earnings increased. The bank also approved plans to raise over INR 20,000 crore through equity and bonds, with shares gaining after the results announcement.

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