Bank Of Maharashtra’s Loan Book Grows 15%, CASA Ratio Stays Strong Above 50%

Bank of Maharashtra's gross advances rose over 15% on year to ₹2.41 trillion as of June 30, while total deposits increased a little over 14% to ₹3.05 trillion, the bank said Friday in provisional figures.

The bank’s total business was up nearly 15% on year to ₹5.46 trillion. Its current account and savings account deposits stood at ₹1.53 trillion, with the CASA ratio at a healthy 50.07%. The credit-deposit ratio improved slightly to 79.04% from 78.17% a year ago