Bank of Maharashtra (MAHABANK) Investor presentation summary

Business overview and growth

• Total business nearly doubled since March 2022, reaching ₹6,504.57 bn by June 2026, with a CAGR of 16.69%.

• Advances grew at a CAGR of 21.18%, with retail, agriculture, and MSME segments showing strong momentum.

• PAN India presence with 59% of branches outside Maharashtra and 826 new branches opened since April 2022.

• Focus on strengthening deposit base, especially low-cost CASA deposits, which stood at 48.51% in June 2026.

• Retail loans account for 29% of the loan book, with RAM (Retail, Agriculture, MSME) portfolio comprising 63% of domestic advances.

Financial performance and asset quality

• Net profit for June 2026 was ₹20.2 bn, up 26.84% YoY; NIM at 3.79%, ROE at 24.65%, and ROA at 1.90%.

• Gross NPA reduced to 1.45% and Net NPA to 0.13%, with a high provision coverage ratio of 98.55%.

• Cost-to-income ratio improved to 35.04% and credit cost provision trended down.

• Capital adequacy ratio (CRAR) at 18.64% and Tier 1 capital at 16.35% as of June 2026.

• Consistent improvement in asset quality across retail, MSME, and corporate segments.

Digital initiatives and technology

• Launched Zen Lyfe mobile banking app, digital onboarding, V-KYC, and digital Mudra loans for seamless customer experience.

• Significant growth in digital users: 1.11 million mobile banking users and 9.37 million UPI/BHIM users by June 2026.

• Enhanced digital services include FASTag, payment gateway, WhatsApp banking, and e-rupee integration.

• Focus on technology-driven growth, operational efficiency, and customer convenience.