Bank of Maharashtra Reports Robust Growth in Deposits and Advances for FY 2025
Bank of Maharashtra announced impressive financial results for the fiscal year ending March 31, 2025. Total deposits grew by 13.45% to ₹307,152.00 crore, while gross advances increased by 17.84% to ₹240,007.00 crore. CASA deposits rose by 14.64% to ₹163,669.00 crore, with the CASA ratio improving to 53.29%. The bank's total business expanded by 15.33% to ₹547,159.00 crore, and the Credit-Deposit ratio stood at 78.14%.

*this image is generated using AI for illustrative purposes only.
Bank of Maharashtra , a prominent public sector bank , has announced impressive year-over-year growth in its key financial metrics for the fiscal year ending March 31, 2025. The bank's performance highlights its strong position in the Indian banking sector and its ability to attract deposits while expanding its loan portfolio.
Deposit Growth
Bank of Maharashtra reported a significant increase in its total deposits, which grew by 13.45% year-over-year. As of March 31, 2025, the bank's total deposits stood at ₹307,152.00 crore, up from ₹270,747.00 crore in the previous year. This growth demonstrates the bank's ability to attract and retain customer deposits, reflecting increased trust and confidence in the institution.
Advances Expansion
The bank's gross advances witnessed a substantial rise of 17.84% year-over-year. As of March 31, 2025, gross advances reached ₹240,007.00 crore, compared to ₹203,664.00 crore at the end of the previous fiscal year. This growth in the loan book indicates the bank's active participation in supporting various sectors of the economy and its commitment to credit expansion.
CASA Deposits and Ratio
Current Account and Savings Account (CASA) deposits, a key indicator of a bank's low-cost deposit base, also showed robust growth. CASA deposits increased by 14.64% year-over-year, reaching ₹163,669.00 crore. The CASA ratio, which represents the proportion of CASA deposits to total deposits, improved to 53.29% as of March 31, 2025, up from 52.73% in the previous year. This improvement suggests enhanced operational efficiency and reduced cost of funds for the bank.
Overall Business Growth
The bank's total business, which is the sum of deposits and gross advances, grew by 15.33% year-over-year, reaching ₹547,159.00 crore as of March 31, 2025. This overall growth reflects the bank's expanding market presence and its ability to capitalize on opportunities in both deposit mobilization and credit deployment.
Credit-Deposit Ratio
The Credit-Deposit (CD) ratio, which indicates the proportion of loans given out of the deposits received, stood at 78.14% as of March 31, 2025. This represents a moderate increase from 75.22% in the previous year, suggesting that the bank has maintained a balanced approach to lending while ensuring adequate liquidity.
The strong performance across key financial parameters underscores Bank of Maharashtra's resilience and growth trajectory in the competitive banking landscape. As the bank continues to focus on expanding its deposit base and loan portfolio, it is well-positioned to support economic growth and meet the diverse financial needs of its customers.
Particulars (₹ in crore) | 31.03.2024 (Audited) | 31.03.2025 (Provisional)* | Y-o-Y Growth |
---|---|---|---|
Total Business | 474,411.00 | 547,159.00 | 15.33% |
Total Deposits | 270,747.00 | 307,152.00 | 13.45% |
CASA Deposits | 142,774.00 | 163,669.00 | 14.64% |
Gross Advances | 203,664.00 | 240,007.00 | 17.84% |
*Subject to audit
Historical Stock Returns for Bank of Maharashtra
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.85% | +6.00% | +8.84% | -10.34% | -21.11% | +412.17% |