Bank of Maharashtra (MAHABANK) Q2FY27 Management Mirror - Sep-2026 Qtr
FY27 Advances Growth Reaches 30% in Sep'26 Qtr, Exceeding 18% Guided in Mar'26 Qtr
Bank of Maharashtra reported a 30% YoY growth in advances and 25% growth in total business for Sep'26 Qtr. Against the initial FY27 advances growth target of 18% and total business growth of 16% to 17% guided in Mar'26 Qtr and reaffirmed in Jun'26 Qtr, the current performance has substantially exceeded expectations. Looking ahead, management reaffirmed the 18% domestic credit growth baseline, expecting to maintain growth above this pace, supported by an INR 23,000 crores credit pipeline with an estimated INR 10,000 crores scheduled for disbursement up to Mar'27.
5 more themes on the ELITE plan.