Bank of Maharashtra net profit jumps 103 % to ₹ 264 crore in Sept quarter
The Hindu
The bank's recovery from written-off accounts stood at ₹ 340 crore.
State-owned Bank of Maharashtra on Thursday reported a 103 % jump in its standalone net profit to ₹ 264 crore in the September 2021 quarter, helped by healthy growth in net interest income.
The lender had reported a standalone profit after tax of ₹ 130 crore in the same quarter of the previous fiscal.
The bank's performance in the July-September 2021 period was good despite the pandemic, the bank's Managing Director and CEO A.S. Rajeev said.
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