Public sector lender Bank of Maharashtra (BoM) has reported strong financial growth for the first quarter of FY2026-27, with its total loan portfolio increasing by 27 per cent year-on-year to ₹3.06 trillion as of June 30.
According to a regulatory filing, the bank’s outstanding credit stood at ₹2.41 trillion during the corresponding quarter of the previous financial year. The steady increase in lending reflects strong demand across key business segments and the bank’s continued focus on expanding its credit portfolio.
The bank’s Retail, Agriculture and MSME (RAM) loan segment remained a major growth driver during the quarter. Outstanding loans under this category rose 25 per cent year-on-year to ₹1.87 trillion, highlighting healthy credit demand from individual borrowers, farmers and small businesses.
Corporate lending also registered robust growth. The bank’s exposure to the corporate sector crossed the ₹1 trillion mark for the first time, reaching ₹1.11 trillion, an increase of 21 per cent compared with the same period last year.
With the rise in both retail and corporate lending, Bank of Maharashtra’s total business crossed ₹6.5 trillion during the June quarter, underscoring its expanding presence in the banking sector. The lender’s strong performance reflects sustained credit growth, improved customer outreach and continued support for key sectors of the economy.
The latest figures reinforce Bank of Maharashtra’s growth momentum and position it among the better-performing public sector banks in terms of business expansion during the opening quarter of the financial year.
