Bank of Maharashtra tops PSU lenders chart in profit, loan growth in FY23 ...Middle East

Business Standard - Economy
Bank of Maharashtra tops PSU lenders chart in profit, loan growth in FY23
source : Business Standard ( Middle East ) () 39
State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2022-23. The Pune-headquartered lender also recorded highest growth in profitability with bottomline growing almost 126 per cent to Rs 2,602 crore during the year. However, all the 12 public sector banks together recorded 57 per cent jump in net profit at Rs 1,04,649 crore in FY23, according to published yearly numbers of public sector banks (PSBs). In terms of percentage increase in gross advances, BoM recorded 29.4 per cent jump in loans at Rs 1,75,120 crore as of March 2023. It was followed by Indian Overseas Bank and UCO Bank w

Hence then, the article about bank of maharashtra tops psu lenders chart in profit loan growth in fy23 was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bank of Maharashtra tops PSU lenders chart in profit, loan growth in FY23 )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
‘60 Minutes’ story held for lacking interview with Trump official airs without one
Washington Post - before 5 hours & 32 minute
Iraq: basra LNG Exports Exceed 700,000 Tons Annually
SABA NET - before 11 hour & 53 minute
How weight loss jabs could increase the cost of meat by up to 20 per cent
INDEPENDENT - before 7 hours & 20 minute
IBM Study: AI Poised to Drive Smarter Business Growth Through 2030
PR Newswire - before 2 hours & 16 minute
Huyett's Swiss Lathes Meet Custom and Precision Manufacturing Needs
PR Newswire - before hour & 21 minute
Philippines Makes Its First Gas Discovery in Over a Decade
OILPRICE - before 40 minute
METABORA GAMES Partners with NEOSTELLAGAMES to Launch Global Title "Magic Squad"
PR Newswire - before 20 minute
Sharpa Aims to "Manufacture Time" via Its CraftNet VTLA Model, and Stuns CES 2026 with Live Autonomous Demos for Fine Manipulation
PR Newswire - before 4 minute
The Race to Build the DeepSeek of Europe Is On
WIRED - before 4 minute


Latest News

The Race to Build the DeepSeek of Europe Is On

before 4 minute

Sharpa Aims to "Manufacture Time" via Its CraftNet VTLA Model, and Stuns CES 2026 with Live Autonomous Demos for Fine Manipulation

before 4 minute

METABORA GAMES Partners with NEOSTELLAGAMES to Launch Global Title "Magic Squad"

before 20 minute

Philippines Makes Its First Gas Discovery in Over a Decade

before 40 minute

Huyett's Swiss Lathes Meet Custom and Precision Manufacturing Needs

before hour & 21 minute

IBM Study: AI Poised to Drive Smarter Business Growth Through 2030

before 2 hours & 16 minute

‘60 Minutes’ story held for lacking interview with Trump official airs without one

before 5 hours & 32 minute

A Rio-Glencore Tie-Up Would Redraw the Map of Global Mining

before 7 hours & 8 minute

How weight loss jabs could increase the cost of meat by up to 20 per cent

before 7 hours & 20 minute

Tesla Fires Up America’s First Major Lithium Refinery

before 9 hours & 22 minute

U.S. Intervention in Venezuela Has Shored Up Guyana’s Oil Ambitions

before 11 hour & 21 minute

Iraq: basra LNG Exports Exceed 700,000 Tons Annually

before 11 hour & 53 minute

How Gen Z is making millennials look cool again

before 12 hour & 26 minute

The Staggering £7.6 Trillion Price Tag of Britain's Net Zero Ambition

before 13 hour & 13 minute

Derayah Financial adopts zero-commission trading model in the Saudi market, reinforcing its leadership in digital trading and investing

before 14 hour & 33 minute