Bank of Maharashtra (BoM) reported a 36% increase in net profit for Q3 ending December 2024 to Rs 1,406 crore, driven by higher interest income. Gross NPAs reduced to 1.80%, and PCR stood at 98.28%. The bank raised Rs 3,500 crore through Qualified Institutional Placements.
Related Posts
Bollywood-backed realtor Lotus looks at Rs 1,000 crore IPO
Bollywood luminaries, including Amitabh Bachchan, Shah Rukh Khan, and Hrithik Roshan, have acquired stakes in Sri Lotus Developers & Real Estate ahead of its anticipated […]
‘JPMorgan and Bank of America to curb young banker work hours’
JPMorgan Chase and Bank of America are addressing concerns over excessive work hours for junior bankers. JPMorgan will cap weekly hours at 80, except during […]