Bank of Maharashtra shares drop 7% after lender raises ₹1,000 crore in QIP

Bank of Maharashtra's shares dropped 7.2% after the lender successfully raised ₹1,000 crore through a QIP. The bank's shares opened at ₹30 and reached an intraday low of ₹28.15.

Eight PSU banks register more than 50% rise in Q4 net profit; Bank of Baroda tops the list

Bank of Baroda leads the way with a 168% YoY rise in Q4FY23 net profit to ₹4,775 crore. Bank of Maharashtra, Bank of India, Union Bank of India, Canara Bank, and Central Bank of India also delivered strong profit growth in Q4FY23.

BoM quarterly profit jumps to ₹840 crore; lender to raise ₹1,000 crore in June quarter

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<ul><li>During the quarter, total income increased to ₹5,317 crore as against ₹3,949 crore a year ago, BoM said in a regulatory filing.</li></ul>

Bank of Maharashtra surges 3.5% on positive business update, RBI rate hike pause

Bank of Maharashtra's gross advances for the quarter ending March 2023 rose 30% to ₹1.75 lakh crore, while total deposits rose 15.7% to ₹2.34 lakh crore. The stock has increased by nearly 84 percent in the last five years.

5 banking stocks priced under ₹50 that gained up to 122% in a month; do you own any?

Recent gains in banking stocks are being attributed to an acceleration in credit growth, a decline in non-performing assets (NPAs), double-digit growth in net interest income, and rating upgrades from top global brokerage firms.

Bank of Maharashtra soars 9.5% to hit 52-week high. Here's why

Bank of Maharashtra recorded a 28.62 percent increase in gross advances at ₹1,48,216 crore in the September quarter.

Bank of Maharashtra shares climb over 2% after Q1 earnings

The stock gained 1.80 per cent to ₹16.95 on the BSE after a firm start in early trade.

Top Bank Of Maharashtra News

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Bank of Maharashtra shares drop 7% after lender raises ₹1,000 crore in QIP

markets

Eight PSU banks register more than 50% rise in Q4 net profit; Bank of Baroda tops the list

markets

BoM quarterly profit jumps to ₹840 crore; lender to raise ₹1,000 crore in June quarter

markets

Bank of Maharashtra surges 3.5% on positive business update, RBI rate hike pause