MAHABANK

Bank of Maharashtra Q1 Update: Shares gain after 15% advances growth, deposits rise 14%

Shares of state-run Bank of Maharashtra Ltd. are trading off day's low on Friday, July 4, after it shared its business update for the April-June quarter. The lender's CASA deposits for the quarter grew by 14.56% from last year to ₹1.52 lakh crore. The bank's calculated credit-deposit ratio stood at 79.04% from 78.17% in the same quarter last year.