scorecardresearchBank of Maharashtra to pay 5 percent dividend from net worth: Report

Bank of Maharashtra to pay 5 percent dividend from net worth: Report

Updated: 26 May 2022, 09:25 AM IST
TL;DR.
The payout will make a small dent in the bank's capital adequacy ratio
The bank's net profit doubled to  <span class='webrupee'>₹</span>1,151.54 crore, as against  <span class='webrupee'>₹</span>550.25 crore in 2020-21

The bank's net profit doubled to 1,151.54 crore, as against 550.25 crore in 2020-21