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4 min read | Updated on October 14, 2025, 11:01 IST
SUMMARY
Bank of Maharashtra share price: In August 2025, state-owned Bank of Maharashtra said it was confident of meeting the minimum public shareholding norm of 25% after one more tranche of fundraising in the current fiscal.
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In early October 2025, Bank of Maharashtra reported a 16.8% credit growth of ₹2.54 lakh crore in Q2 FY26. | Image: Shutterstock
The company's earnings call is slated for 4:15 PM today, as per available reports.
In August 2025, state-owned Bank of Maharashtra said it was confident of meeting the minimum public shareholding norm of 25% after one more tranche of fundraising in the current fiscal.
One more round of share sales will help the bank with both capital adequacy and a lower government stake, Saxena told reporters on the sidelines of FIBAC 2025, organised by FICCI and the Indian Banks Association here.
The finance ministry has asked five public-sector banks to increase the public shareholding limit to 25% by August 1, 2026.
This is in line with the Securities Contract (Regulation) Rules issued by the Securities and Exchange Board of India (SEBI), which mandate that all listed companies, including those in the public sector, must have a minimum public shareholding of 25%.
Capital market regulator SEBI has given forbearance to CPSEs and public sector financial institutions till August 2026.
Currently, the government holds a 79.6% stake in the Pune-headquartered bank.
According to its current market capitalisation, if the bank raises around ₹2,000-₹2,500 crore, the government's holding will fall below the 75% mark, Saxena said, adding that it has taken an approval of a ₹7,500 crore fund raise via debt and equity to be on the safer side.
In early October 2025, the lender reported a 16.8% credit growth of ₹2.54 lakh crore in the second quarter of this financial year.
Total advances stood at ₹2.17 lakh crore as of September 30, 2024, BoM said in a regulatory filing on Monday.
The Pune-based lender reported a 12.1% increase in total deposits to ₹3.09 lakh crore, as against ₹2.76 lakh crore at the end of the second quarter of the previous financial year.
The bank's total business rose by 14.2% to ₹5.64 lakh crore, from over ₹4.94 lakh crore in the year-ago period.
The Current Account and Savings Account (CASA) of the bank stood at 50.35% of total deposits, compared to 49.29% at the end of the second quarter of the previous fiscal year.
The credit deposit ratio of the bank rose from 71.7% to 82% at the end of September 2025, it added.
In September 2025, BoM said global rating agency S&P had assigned it a 'BBB-' rating with a 'Stable' outlook, underscoring the bank's strong financial fundamentals.
The investment grade provided by the rating agency will help the bank reduce the cost of funds and also enable it to raise capital from the overseas market at a better rate.
Bank of Maharashtra Q1 results: State-run lender Bank of Maharashtra recorded a 23.14% surge in its consolidated profit after tax (PAT) to ₹1,593.09 crore in the first quarter of the financial year 2025-26, the company said in an exchange filing on Tuesday, July 15.
Its profit after tax stood at ₹1,293.69 crore in the year-ago period.
Its net interest income (NII) advanced 17.57% to ₹3,292 crore in the latest April-June quarter as against ₹2,800 crore in the corresponding period of the previous fiscal year.
The bank's total income increased 16.4% to ₹7,879.18 crore in the quarter under review compared to ₹6,768.76 crore in the June quarter of FY25.
Shares of the bank have rallied over 23% in the past six months and around 3.5% in the past 30 days.
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