Bank of Maharashtra, one of India's leading banks, has announced impressive financial results for the December quarter. The bank's net profit soared to Rs 1,036 crore, a significant increase of 34% compared to the same period last year when it was Rs 775 crore. This remarkable growth can be attributed to a 20% surge in total advances, which reached Rs 1.85 lakh crore, up from Rs 1.53 lakh crore in December 2022. Additionally, deposits witnessed a substantial increase of 17.9%, totaling Rs 2.5 lakh crore.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PBUm8ZT
