Bank of Maharashtra surges over 7% as Q3 profit more than doubles to Rs 775 crore

The Pune-based bank's asset quality improved substantially as the gross non-performing assets declined to 2.94% as of December 2022 as against 4.73% as on December 2021. Meanwhile, net NPAs were down to 0.47% during the period under review

Bank of Maharashtra surges over 7% as Q3 profit more than doubles to Rs 775 crore
The Pune-based bank's asset quality improved substantially as the gross non-performing assets declined to 2.94% as of December 2022 as against 4.73% as on December 2021. Meanwhile, net NPAs were down to 0.47% during the period under review