Bank of Maharashtra Share Price in Focus Reports 17% Credit Growth in Q2 FY26

The state-owned Bank of Maharashtra reported a 16.8% rise in credit growth during the second quarter of FY26, with total advances reaching ₹2.17 lakh crore as of September 30, 2025. 

Deposit Growth Strengthens Bank’s Balance Sheet

Deposits also saw a healthy increase of 12.1%, rising to ₹3.09 lakh crore from ₹2.76 lakh crore in the year-ago period. Overall, the bank’s total business grew by 14.2%, reaching ₹5.64 lakh crore compared with ₹4.94 lakh crore in Q2 FY25.

CASA Ratio Improves, Signalling Strong Low-Cost Deposits

The Current Account and Savings Account (CASA) ratio improved to 50.35%, up from 49.29% a year ago, reflecting a stronger base of low-cost deposits. Meanwhile, the credit-to-deposit ratio climbed from 71.7% to 82%, indicating more efficient deployment of funds and higher lending activity.

Share Price Performance

Bank of Maharashtra shares showed positive momentum. The stock opened at ₹56.95, reached a high of ₹57.60, and a low of ₹56.76 during the session, trading at ₹57.20, up 1.26% from the previous close.

The volume weighted average price (VWAP) stood at ₹57.12, reflecting active investor interest following the bank’s quarterly performance update.

Read More: Avenue Supermarts Share Price in Focus; Strong Q2 Revenue Fails to Lift Shares.

Conclusion

Strong credit growth, improved deposit metrics, and a rising CASA ratio underscore Bank of Maharashtra’s resilient performance in Q2 FY26, signaling robust fundamentals and efficient capital deployment in the current fiscal year.

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