Bank of Maharashtra has reported strong provisional financial performance for FY26, with total business growing 18% year-on-year to ₹6,42,700 crores. The public sector bank disclosed these figures under SEBI listing regulations, highlighting robust growth across deposits and advances.

Financial Performance Overview

The bank's comprehensive business metrics demonstrate consistent growth momentum across all major parameters:

Deposit Portfolio Growth

The bank's deposit base expanded substantially, with total deposits reaching ₹3,50,585 crores in FY26, representing a 14% increase from ₹3,07,143 crores in the previous year. CASA deposits, a key indicator of low-cost funding, grew 13% to ₹1,84,110 crores from ₹1,63,657 crores. The bank successfully maintained its CASA ratio at 53%, indicating stable deposit mix composition.

Advances Portfolio Performance

Global advances showed impressive growth of 22%, reaching ₹2,92,115 crores compared to ₹2,39,837 crores in FY25. The RAM (Retail, Agriculture, and MSME) advances segment performed strongly with 21% growth to ₹1,79,847 crores from ₹1,48,768 crores. The bank maintained its RAM to Corporate ratio at 62:38, reflecting balanced portfolio composition.

Corporate Banking Segment

Corporate advances demonstrated solid performance across segments:

The bank's Credit-to-Deposit ratio for domestic operations increased to 82% from 78%, indicating enhanced credit deployment efficiency.

Regulatory Compliance

The disclosure was made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Code of Practices for Fair Disclosure of Unpublished Price Sensitive Information. The provisional figures are subject to audit and have been rounded off to the nearest percentage and number.

Bank of Maharashtra has submitted its comprehensive statement of outstanding debt securities to stock exchanges, revealing a total outstanding bond portfolio of ₹8,430.70 crore for the half year ended March 31, 2026. The disclosure, made in compliance with SEBI Circular SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024, provides detailed information about the bank's 14 active bond issues.

Outstanding Bond Portfolio Overview

The bank's debt securities portfolio comprises bonds with diverse maturity profiles and coupon structures. The portfolio includes three perpetual bonds totaling ₹1,880.00 crore and eleven term bonds with specific maturity dates ranging from 2026 to 2035.

Coupon Rate Structure and Payment Terms

The outstanding bonds carry coupon rates ranging from 7.70% to 9.20%, with all instruments following annual payment frequency. The highest coupon rate of 9.20% is associated with a bond issued on June 27, 2016, maturing on September 27, 2026, while the lowest rate of 7.70% applies to the most recent issuance from February 18, 2025.

Embedded Options and Call Features

Most of the outstanding bonds include call options, providing the bank with flexibility for early redemption. Thirteen out of fourteen bonds feature call options exercisable at various dates between 2026 and 2029. Only two bonds, including the recent February 2025 issuance worth ₹1,612.00 crore and an August 2024 bond worth ₹811.00 crore, do not carry embedded call options.

Trustee Arrangements

The bank has engaged multiple debenture trustees for its bond portfolio management:

• IDBI Trusteeship Services Limited: Managing 4 bonds totaling ₹2,022.00 crore
• Axis Trustee Services Limited: Overseeing 4 bonds worth ₹2,923.00 crore
• Catalyst Trusteeship Ltd: Handling 4 bonds amounting to ₹1,795.70 crore
• SBICAP Trustee Company Limited: Managing 1 bond of ₹710.00 crore

Regulatory Compliance

The disclosure was submitted to both BSE (Scrip Code: 532525) and NSE (Scrip Code: MAHABANK) on April 4, 2026, through a communication signed by Vishal Sethia, Company Secretary & Compliance Officer. This submission fulfills the bank's regulatory obligations under the amended SEBI circular requiring periodic reporting of outstanding debt securities.

The comprehensive statement demonstrates Bank of Maharashtra's active presence in the debt capital markets with a well-diversified bond portfolio spanning various tenors and featuring competitive coupon rates aligned with market conditions at the time of respective issuances.