State-owned Bank of Maharashtra on Friday said it has posted a credit growth of 16.31% at Rs 2.03 lakh crore for the March quarter.
The outstanding credit was Rs 1.75 lakh crore at the end of March 31, 2023, BoM said in a regulatory filing.
The Pune-headquartered lender reported 15.63% increase in total deposits to Rs 2.70 lakh crore as against Rs 2.34 lakh crore at the end of the fourth quarter of the previous financial year.
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During the quarter, it said, Current Account and Savings Account declined to 52.73% of the total deposits as against 53.39%.
The Credit Deposit ratio increased to 75.23% at the end of March 31, 2024 as against 74.87% in the year-ago period.
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