Bank of Maharashtra posted 72% growth in its net profit at Rs 920 crore for the Q2

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Photograph- Left to Right: Shri Asheesh Pandey, Executive Director; Shri A S Rajeev, Managing Director & Chief Executive Officer; Shri A B Vijaykumar, Executive Director, Bank of Maharashtra.

Pune: In a record performance, Bank of Maharashtra’s Q2 income rose to Rs 5,796 crore during the quarter under review, against Rs 4,317 crore in the same period last year, BoM said in a regulatory filing. The bank earned interest income of Rs 5,068 crore during the quarter, compared to Rs 3,815 crore in the same period a year ago

while net interest income (NII) increased 29% to Rs 2,432 crore. Operating profit has shown a growth of 31% to Rs 1,920 crore for the second quarter against Rs 1,462 crore in the same quarter last year.
Overall the bank has shown an overall growth in sectors across categories.

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