India's Bank of Maharashtra gains after strong Q4 update

Bank of Maharashtra

08/04/2025 07:19

** Shares of Bank of Maharashtra BMBK.NS rise as much as 5% to 45.78 rupees amid a broad market .NSEI rebound

** Government-owned lender says its total deposits grew 13.45% Y/Y as of March 31 while gross advances rose 17.84%

** BMBK is among top pct gainers on Nifty Public Sector Bank index .NIFTYPSU, which is up 1.9%

** YTD, BMBK down 15% vs 5.2% fall by Nifty Public Sector Bank index

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))