Bank of Maharashtra (MAHABANK) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Bank of Maharashtra on NSE and BSE, with an AI summary of each filing.
Reaffirmation of Ratings on securities by CRISIL Ratings Limited
Others (Uncategorized) · 04 Nov 2026, 4:36 pm
CRISIL Reaffirms Bank of Maharashtra’s CD Rating at 'CRISIL A1+' CRISIL Ratings reaffirmed its 'CRISIL A1+' rating on Bank of Maharashtra’s Rs 20,000 crore Certificate of Deposits, supported by strong majority ownership and expected support from the Government of India. As of 30th Sep'26, gross non-performing assets improved to 1.25% from 1.45% as of 31st Mar'26, while capital adequacy stood robust at 18.5% (Tier 1 at 16.4%). In H1 FY27, net profit reached Rs 4,330 crore, with annualized return on assets rising to 1.93%. Strengths remain tempered by regional operational concentration within Maharashtra.
Superannuation of Chief General Manager
Change in Management · 01 Nov 2026, 12:27 am
Bank of Maharashtra Announces Superannuation of Chief General Manager Dinkar Sankpal Bank of Maharashtra informed exchanges under Regulation 30 of SEBI LODR Regulations that Shri Dinkar Sankpal ceased to be the Chief General Manager of the bank effective from the close of working hours on 31st Oct'26 upon attaining superannuation.
Review of MCLR rates
Others · 31 Oct 2026, 1:31 am
Bank of Maharashtra Revises MCLR Across Tenors Effective 31st Oct'26 Bank of Maharashtra has revised its Marginal Cost of Funds Based Lending Rate (MCLR) effective 31st Oct'26. The overnight and one-month MCLR have been cut by 10 bps to 6.95% and 7.80%, respectively. The three-month and six-month tenors were reduced by 5 bps each to 8.35% and 8.65%. The benchmark one-year MCLR remains unchanged at 9.05%.
Transcript of Earnings Conference Call
Transcript · 29 Oct 2026, 4:37 pm
Security Cover for the quarter ended 30.09.2026
Others (Uncategorized) · 26 Oct 2026, 9:17 pm
Bank of Maharashtra Submits Security Cover Certificate for Q2 FY27 Bank of Maharashtra submitted its statutory auditor-certified security cover and covenant compliance certificate for the period ended 30th Sep'26. The bank disclosed that all its 13 outstanding listed non-convertible debt securities, aggregating to a sanctioned amount of Rs 7,930.70 crore issued via private placements, are entirely unsecured. Statutory auditor M/s. S. Singhal & Co confirmed full compliance with all issue covenants and debenture trust deed terms, reporting zero breaches or cure periods for the quarter.
Financial results of the Bank for the Quarter and half year ended 30.09.2026
Financial Result · 26 Oct 2026, 9:11 pm
Press release on the financial results of the Bank for the quarter and half year ended 30.09.2026
Press Release · 26 Oct 2026, 9:02 pm
Bank of Maharashtra Reports Strong Q2 FY27 Results with Net Profit Up 41.42% Bank of Maharashtra reported a 41.42% YoY rise in Q2 FY27 net profit to ₹2,310 crore, driven by a 21.76% YoY increase in Net Interest Income to ₹3,954 crore and a domestic NIM of 3.97%. Gross global advances grew 29.61% YoY to ₹3,29,359 crore, while deposits rose 21.50% YoY to ₹3,76,407 crore. Asset quality improved significantly as Gross NPA declined to 1.25% and Net NPA fell to 0.12%, with PCR at 98.53%. CRAR stood robust at 18.51% as of 30th Sep'26.
Investor Presentation on the financial results for the quarter and half year ended 30.09.2026
Investor Presentation · 26 Oct 2026, 8:56 pm
Bank of Maharashtra Reports Strong Q2 FY27 Results with 41% Net Profit Growth Bank of Maharashtra delivered strong Q2 FY27 earnings, with net profit rising 41.42% YoY to ₹2,310 crore and net interest income growing 21.76% YoY to ₹3,954 crore. Global advances grew 29.61% YoY to ₹3,29,359 crore, driven by a 24.69% YoY increase in RAM advances, while total deposits expanded 21.50% YoY to ₹3,76,407 crore. Asset quality improved substantially as gross NPA declined to 1.25% from 1.72% YoY, and net NPA dropped to 0.12%. Return on assets rose to 2.02%, with CRAR robust at 18.51%.
Bank of Maharashtra has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Financial Result · 26 Oct 2026, 8:50 pm
Bank of Maharashtra Reports Strong Q2 FY27 Results with Improving Asset Quality Bank of Maharashtra reported standalone net profit of ₹2,309.59 crore for the quarter ended 30th Sep'26, up 41.42% YoY from ₹1,633.14 crore and up 14.33% QoQ. Total income rose 22.09% YoY to ₹9,735.41 crore, supported by interest earned of ₹8,606.37 crore. Operating profit expanded 30.78% YoY to ₹3,366.67 crore. Asset quality improved significantly, with Gross NPA declining to 1.25% (vs 1.72% YoY) and Net NPA falling to 0.12% (vs 0.18% YoY). Capital Adequacy Ratio stood strong at 18.51% (CET-1 at 15.61%).
Financial Results for Quarter and Half Year ended 30.09.2026
Outcome · 26 Oct 2026, 8:48 pm
Intimation of Earning''s Call
Intimation · 26 Oct 2026, 4:30 pm
Bank of Maharashtra Schedules Q2 FY27 Earnings Call for 26th Oct'26 Bank of Maharashtra will host an earnings conference call on 26th Oct'26 at 04:30 PM IST to discuss its financial and corporate performance for the quarter ended 30th Sep'26 (Q2 FY27). The call will feature Managing Director & CEO Shri Nidhu Saxena and will be moderated by Systematix Group. Primary domestic access numbers include +91 22 6280 1297 and +91 22 7115 8198, alongside international toll-free options for Singapore, Hong Kong, the USA, and the UK.
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 26 Oct 2026, 5:30 am
Bank of Maharashtra has informed the Exchange about Board Meeting to be held on 26-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Intimation · 26 Oct 2026, 5:30 am
Bank Of Maharashtrahas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve unaudited financial results ....
Intimation · 26 Oct 2026, 5:30 am
Bank of Maharashtra Board Meeting Scheduled for 26th Oct'26 Bank of Maharashtra has scheduled its Board of Directors meeting on 26th Oct'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended 30th Sep'26. The trading window for dealing in the bank's securities has been closed for designated persons, directors, and connected persons from 1st Oct'26 and will reopen 48 hours following the formal declaration of the financial results.
Annual interest payment on bonds INE457A08092
Others (Uncategorized) · 21 Oct 2026, 8:52 pm
Bank of Maharashtra Disburses Annual Interest on Basel III Tier II Bonds Bank of Maharashtra completed an annual interest payout of Rs. 78.60 crore on 21st Oct'26 for its Basel III Compliant Tier II Bonds (ISIN: INE457A08092). The total issue size of the bond instrument stands at Rs. 1,000 crore. The record date for the payout was 6th Oct'26, and the transaction was executed on schedule with no delays. The previous annual interest payment on this instrument was completed on 23rd Oct'25.
Intimation of ESG ratings
Others (Uncategorized) · 19 Oct 2026, 10:05 pm
GlobeTrend Assigns Bank of Maharashtra "Excellent" ESG Rating of 74.7 GlobeTrend Climate Impact assigned Bank of Maharashtra an "Excellent" ESG score of 74.7/100 for FY26 (assessment reviewed on 8th Oct'26), outperforming public sector peers including SBI (63.6), PNB (66.6), and Canara Bank (61.6). Pillar scores stood at 16.5/23 for Environment, 27.3/35 for Social, and 30.9/42 for Governance. Key operational strengths include 100/100 scores in Data Security, Anti-Bribery, Grievance Redressal, and Green Products (168% growth in green deposits). However, Governance Committee functioning (65.2), Board Composition (63.7), and POSH framework (60.0) remain key areas requiring enhancement.
Statement of Outstanding Bonds for half year ended 30.09.2026
Others (Uncategorized) · 08 Oct 2026, 6:05 pm
Bank of Maharashtra Discloses ₹7,930.70 Crore Outstanding Bonds as of Sep'26 Bank of Maharashtra reported total outstanding debt securities of ₹7,930.70 crore across 13 bond issuances for the half year ended 30th Sep'26. The portfolio consists of perpetual and long-term bonds maturing up to Feb'35, carrying annual coupon rates ranging from 7.70% to 8.75%. The issuances include ₹1,880 crore in perpetual debt alongside multiple Tier II and long-term tranches featuring embedded call options, managed across trustees including Axis Trustee Services, IDBI Trusteeship Services, Catalyst Trusteeship, and SBICAP Trustee Company.
Change in Senior Management
Change in Management · 01 Oct 2026, 4:30 pm
Bank of Maharashtra Appoints Devdatta Rokade as Chief Compliance Officer Bank of Maharashtra has designated Shri Devdatta Rokade, Chief General Manager, as the bank's Chief Compliance Officer (CCO) with effect from 1st Oct'26. The appointment follows the bank's earlier disclosure on 24th Jul'26 regarding the selection of a CCO at the CGM rank from its existing pool of Chief General Managers, in compliance with SEBI LODR Regulations.
Superannuation of Chief Vigilance Officer
Change in Management · 01 Oct 2026, 12:22 am
Bank of Maharashtra Announces Superannuation of Chief Vigilance Officer Amit Srivastava Bank of Maharashtra announced that Shri Amit Srivastava ceased to be the Chief Vigilance Officer of the bank, effective from the close of working hours on 30th Sep'26, upon attaining superannuation. The regulatory disclosure was filed pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Review of MCLR Rate
Others · 30 Sept 2026, 2:33 am
Bank of Maharashtra Revises MCLR Across Tenors Effective 30th Sep'26 Bank of Maharashtra has revised its Marginal Cost of Funds Based Lending Rate (MCLR) across tenors, effective 30th Sep'26. The overnight rate was cut by 5 bps to 7.05%, the one-month rate reduced by 25 bps to 7.90%, the three-month rate lowered by 20 bps to 8.40%, and the six-month rate decreased by 15 bps to 8.70%. Conversely, the bank raised its one-year MCLR by 5 bps from 9.00% to 9.05% per annum.
Interest and Redemption Payment on Maturity for ISIN INE457A08035
Others (Uncategorized) · 25 Sept 2026, 6:46 pm
Bank of Maharashtra Redeems ₹500 Crore Tier II Bonds with Interest Bank of Maharashtra completed the full redemption and annual interest payment on its Basel III Compliant Tier II Bonds (ISIN: INE457A08035) on 25th Sep'26 upon maturity. The bank paid ₹11.09 crore in interest alongside a total principal redemption of ₹500.00 crore across 5,000 NCDs. While the scheduled due date was 27th Sep'26, payments were executed on the prior working day of 25th Sep'26 due to bank holidays on 26th Sep'26 and 27th Sep'26.
Intimation of Credit Ratings of the Notes under MTN Programme by Fitch Ratings
Others (Uncategorized) · 25 Sept 2026, 12:29 am
Fitch Rates Bank of Maharashtra's USD 500 Million Notes 'BBB-' Fitch Ratings assigned a final 'BBB-' rating with a Stable Outlook to Bank of Maharashtra's USD 500 million 6.112% senior unsecured notes due Sep'31, issued under its Medium Term Note programme via its IFSC Banking Unit. The rating matches the bank’s Long-Term Issuer Default Rating, which is equalised with India’s sovereign rating (BBB-/Stable) due to high expected state support backed by the government's 73.6% ownership stake. Fitch also assigned a long-term senior unsecured rating (xgs) of 'BB(xgs)' to the notes.
Outcome of Analyst/Investor Meet
Others (Uncategorized) · 25 Sept 2026, 12:17 am
Bank of Maharashtra Concludes Series of Prospective Investor Meetings Bank of Maharashtra participated in multiple one-on-one and group meetings with prospective investors between 8th Sep'26 and 24th Sep'26, following its prior intimation dated 3rd Sep'26. The bank confirmed that discussions were strictly limited to information already available in the public domain, with no unpublished price-sensitive information shared during the interactions.
Notice of proposed Bank Strike
Others (Uncategorized) · 23 Sept 2026, 4:53 pm
Bank of Maharashtra Alerts Potential Operational Disruption Due to Proposed Strike Bank of Maharashtra informed exchanges that the United Forum of Bank Unions has proposed a three-day strike from 28th Sep'26 to 30th Sep'26 to press for their demands. While the bank is implementing measures to ensure the smooth functioning of its branches and offices during this period, it cautioned that branch and office operations could be impacted if the strike materializes.
Intimation of Credit Ratings of the Notes under MTN Programme by S&P Global Ratings
Others (Uncategorized) · 22 Sept 2026, 3:25 am
S&P Assigns BBB Rating to Bank of Maharashtra’s USD 500 Million Senior Notes S&P Global Ratings has assigned a 'BBB' rating to Bank of Maharashtra’s (IFSC Banking Unit Branch) USD 500 million 6.112% Senior Notes due 24th Sep'31. The issuance is executed under the bank’s USD 500 million Medium Term Note (MTN) Programme, which was established on 4th Sep'26. The assigned investment-grade rating reflects the credit quality of the debt instrument issued out of the bank's GIFT City branch.