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www.bankofmaharashtra.bank.in /mahabank Financial Results For Quarter / Half - Year Ended, 30 th September 2026
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www.bankofmaharashtra.bank.in /mahabank 2 Contents 1. Macro Economic Highlights 3 2. Major Highlights 4 3. Business Performance 5 - 7 4. Financial Performance 8 – 19 5 Asset Quality 20 - 25 6. Capital 26 - 27 7. Digital Banking 28 - 30 8. Financial Inclusion 31 9. Expanding Footprints 32 10. Other Information 33 - 35 Page
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www.bankofmaharashtra.bank.in /mahabank Macro - Economic Highlights 3 Data Source: RBI, PIB, IMF, Bloomberg, World Bank, ADB, OECD GROWTH DRIVERS KEY CHALLENGES 1 GDP Growth Real GDP growth is projected at 7.1% for FY 2026-27, indicating sustained economic momentum. 2 Monetary Policy RBI raised the repo rate by 25 bps to 5.50%, while shifting its stance from ‘Neutral’ to ‘Calibrated Tightening’. 3 GST Collections GST collections stood at ₹12.46 lakh crore during H1- FY27, registering 11.6% y-o-y growth. 4 Inflation CPI inflation is projected at 5.2% for FY 2026-27, remaining within the RBI’s tolerance band. 5 Strong Forex Reserves Forex reserves stood at US$ 726.03 billion as of 9th October 2026. 6 Export Surge 01 External Sector Risks Geopolitical tensions, crude oil price volatility and rupee depreciation may increase import costs and widen external-sector pressures. 02 Global & Domestic Uncertainty Slower global demand, export-market uncertainty and uneven monsoon conditions could weigh on exports, agricultural output and overall growth. 03 Inflationary Pressures Rising food and fuel prices could push inflation higher, impacting household purchasing power and consumption. 6.7 6.6 6.4 6.3 6.6 7.1 7.1 7 7.1 7 RBI World Bank IMF OECD ADB INDIA — FY 2026-27 GDP GROWTH FORECAST REVISIONS Earlier estimate Revised estimate Major institutions have raised their growth outlook following stronger than expected economic momentum. Exports increased by 13.84% year-on-year to US$ 476.20 billion during H1-FY27.
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www.bankofmaharashtra.bank.in /mahabank 4 Q2 FY 26-27 vs Q2 FY 25-26 Net Profit +41.42% Operating Profit +30.86% Net Interest Income +21.76% Return on Assets 2.02 (1.82) Total Business +25.16% Total Deposits +21.50% CASA Deposits +11.92% Term Deposits +31.22% Gross Advances +29.61% Retail Advances +20.91% Agri Advances +33.56% MSME Advances +24.69% PROFITABILITY BUSINESS & ASSET QUALITY Major Highlights Business Performance Financial Performance Asset Quality Capital RAM Advances +24.69% Gross NPA % 1.25 (1.72) Net NPA % 0.12 (0.18) PCR % 98.53 (98.34)
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www.bankofmaharashtra.bank.in /mahabank ( ₹ in Crore ) Total Business 5 (%) 25.16 % (Y-o-Y) Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Global Deposit 3,09,791 3,21,661 3,50,564 3,44,493 3,76,407 Domestic Advances 2,53,230 2,69,986 2,85,825 2,97,858 3,11,264 Overseas Advances 888 3,517 6,142 8,106 18,095 Global Advances 2,54,118 2,73,502 2,91,967 3,05,964 3,29,359 Total Business 5,63,909 5,95,163 6,42,531 6,50,457 7,05,766 Global C/D Ratio (%) 82.03 85.03 83.28 88.82 87.50 5,63,909 5,95,163 6,42,531 6,50,457 7,05,766 70 76 82 88 94 100 0 1,00,000 2,00,000 3,00,000 4,00,000 5,00,000 6,00,000 7,00,000 8,00,000 Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Retail Sector 78,226 83,418 85,857 89,661 94,582 Agriculture Sector 33,249 36,770 40,212 42,290 44,408 MSME Sector 46,553 51,197 53,547 55,386 58,049 Corporate & Others 95,201 98,601 1,06,209 1,10,521 1,14,225 Overseas Advances 888 3,517 6,142 8,106 18,095 Domestic Advances 2,53,230 2,69,986 2,85,825 2,97,858 3,11,264 Global Advances 2,54,118 2,73,502 2,91,967 3,05,964 3,29,359 RAM % to Domestic Advances 62.41 63.48 62.84 62.89 63.30 2,54,118 2,73,502 2,91,967 3,05,964 3,29,359 0 10 20 30 40 50 60 70 80 90 100 0 50,000 1,00,000 1,50,000 2,00,000 2,50,000 3,00,000 3,50,000 6 (%)( ₹ in Crore ) (%) ( ₹ in Crore ) Total Deposit Global Advances 29.61 % (Y-o-Y) 21.50 % (Y-o-Y) Major Highlights Business Performance Financial Performance Asset Quality Capital Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Term Deposits 1,53,812 1,62,298 1,66,477 1,77,618 2,01,831 Current Deposits 39,612 42,313 57,801 38,403 48,584 Savings Deposit 1,16,367 1,17,050 1,26,287 1,28,472 1,25,992 Total Deposits 3,09,791 3,21,661 3,50,564 3,44,493 3,76,407 CASA 1,55,979 1,59,363 1,84,087 1,66,875 1,74,576 CASA % 50.35 49.54 52.51 48.51 46.47 3,09,791 3,21,661 3,50,564 3,44,493 3,76,407 0 10 20 30 40 50 60 70 80 90 100 0 50,000 1,00,000 1,50,000 2,00,000 2,50,000 3,00,000 3,50,000 4,00,000
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www.bankofmaharashtra.bank.in /mahabank Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 HTM 57,788 56,156 57,370 58,156 57,489 AFS 35,139 43,637 41,606 40,294 37,519 FVTPL / HFT 3,416 3,406 2,469 1,937 4,351 JV & Subsidiaries 762 762 762 762 762 Gross Investment 97,104 1,03,961 1,02,207 1,01,149 1,00,121 97,104 1,03,961 1,02,207 1,01,149 1,00,121 0 20,000 40,000 60,000 80,000 1,00,000 1,20,000 Investments 7 ( ₹ in Crore ) 3.11 % (Y-o-Y) Major Highlights Business Performance Financial Performance Asset Quality Capital 3.73 3.78 3.89 3.84 3.81 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 M Duration (AFS+HFT) 3.93 4.16 4.27 4.25 4.16 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 M Duration (Total)
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www.bankofmaharashtra.bank.in /mahabank 3,573 4,772 5,606 6,539 7,724 3.41 3.88 3.98 3.90 3.93 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 NET Interest Income NIM % (Domestic) 2,807 2,943 3,116 3,292 3,248 3,422 3,702 3,770 3,954 3.98 3.98 4.01 3.95 3.85 3.87 3.95 3.85 3.97 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 NET Interest Income NIM % (Domestic) 2,202 2,303 2,520 2,570 2,574 2,736 2,946 3,117 3,369 1,327 1,406 1,493 1,593 1,633 1,779 2,014 2,020 2,310 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Operating Profit Net Profit 2,664 3,784 4,496 5,144 6,486 987 1,802 2,620 3,226 4,330 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Operating Profit Net Profit ( ₹ in Crore ) ( ₹ in Crore ) Profitability 8 (Quarterly)(Quarterly) NII: 21.76 % (Y-o-Y) Operating Profit: 30.86 % (Y-o-Y) Net Profit: 41.42 % (Y-o-Y) Major Highlights Business Performance Financial Performance Asset Quality Capital (Half-Yearly) (Half-Yearly) Operating Profit: 26.08 % (Y-o-Y) Net Profit: 34.22 % (Y-o-Y) ( ₹ in Crore ) ( ₹ in Crore ) NII: 18.12 % (Y-o-Y) *NIM % (Global) 3.86* *NIM % (Global) 3.85*
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www.bankofmaharashtra.bank.in /mahabank Statement of Income and Expenditure Year Ended Sept`25 Jun`26 Sept`26 Y-o-Y (%) Sept`25 Sept`26 Y-o-Y (%) Mar`26 Total Income 7,974 9,063 9,736 22 15,852 18,799 19 32,823 Interest Income 7,128 8,035 8,607 21 14,182 16,641 17 29,282 Non-Interest Income 845 1,029 1,129 34 1,670 2,158 29 3,541 Total Expenses 5,399 5,946 6,367 18 10,708 12,313 15 21,997 Interest Expenses 3,881 4,265 4,652 20 7,643 8,917 17 15,618 Operating Expenses 1,519 1,681 1,715 13 3,065 3,396 11 6,379 Operating Profit 2,574 3,117 3,369 31 5,144 6,486 26 10,826 Provision & Contingencies 941 1,097 1,059 13 1,918 2,156 12 3,807 Net Profit 1,633 2,020 2,310 41 3,226 4,330 34 7,019 Particulars Quarter Ended Half - Year Ended ( ₹ in Crore ) 9 Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Interest on Advances 5,071 7,537 9,141 10,858 13,089 Interest on Investment 2,126 2,252 2,614 3,127 3,428 Other Interest Income 75 68 137 198 124 Total Interest Income 7,273 9,857 11,892 14,182 16,641 7,273 9,857 11,892 14,182 16,641 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Interest on Advances 4,684 4,917 5,233 5,407 5,451 5,647 5,985 6,266 6,823 Interest on Investment 1,313 1,367 1,380 1,493 1,634 1,651 1,742 1,724 1,704 Other Interest Income 21 41 118 154 44 46 28 44 80 Total Interest Income 6,017 6,325 6,731 7,054 7,128 7,344 7,755 8,035 8,607 6,017 6,325 6,731 7,054 7,128 7,344 7,755 8,035 8,607 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 Interest Earnings ( ₹ in Crore ) 10 (Quarterly) ( ₹ in Crore ) 20.73 % (Y-o-Y) Major Highlights Business Performance Financial Performance Asset Quality Capital 17.34 % (Y-o-Y) (Half-Yearly)
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www.bankofmaharashtra.bank.in /mahabank 11 ( ₹ in Crore ) Year Ended Sept`25 Jun`26 Sept`26 Y-o-Y (%) Sept`25 Sept`26 Y-o-Y (%) Mar`26 Fee Based Income 437 451 415 (5) 836 866 4 1,862 Net Profit on Investment 99 234 (35) (135) 240 199 (17) 77 Net profit from FEX 21 33 3 (86) 72 36 (50) 126 Treasury Income 120 266 (32) (127) 312 235 (25) 202 Recovery in written off accounts 281 305 737 163 503 1,042 107 1,423 Other Miscellaneous Income 8 7 9 16 19 16 (15) 53 Total Non-Interest Income 845 1,029 1,129 34 1,670 2,158 29 3,541 Particulars Quarter ended Half - Year Ended Non-Interest Income Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Interest on Deposits 3,306 4,759 5,942 6,720 7,601 Other Interest Expenses 394 326 345 923 1,316 Total Interest Expenses 3,700 5,085 6,286 7,643 8,917 3,700 5,085 6,286 7,643 8,917 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Interest on Deposits 3,016 3,158 3,195 3,310 3,410 3,339 3,413 3,614 3,987 Other Interest Expenses 195 223 419 452 470 583 639 651 665 Total Interest Expenses 3,211 3,381 3,614 3,762 3,881 3,922 4,053 4,265 4,652 3,211 3,381 3,614 3,762 3,881 3,922 4,053 4,265 4,652 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 ( ₹ in Crore ) 12 ( ₹ in Crore ) (Quarterly) Interest Expenses 19.88 % (Y-o-Y) 16.67 % (Y-o-Y) Major Highlights Business Performance Financial Performance Asset Quality Capital (Half-Yearly)
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www.bankofmaharashtra.bank.in /mahabank Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Staff Expenses 857 1,341 1,712 1,702 1,925 Other Operating Expenses 872 943 1,084 1,363 1,471 Total Operating Expenses 1,728 2,285 2,795 3,065 3,396 1,728 2,285 2,795 3,065 3,396 0 500 1000 1500 2000 2500 3000 3500 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Staff Expenses 812 850 881 880 822 798 876 1,007 918 Other Operating Expenses 585 578 696 666 697 822 819 674 797 Total Operating Expenses 1,397 1,428 1,577 1,547 1,519 1,620 1,694 1,681 1,715 1,397 1,428 1,577 1,547 1,519 1,620 1,694 1,681 1,715 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 ( ₹ in Crore ) 13 ( ₹ in Crore ) (Quarterly) 12.91 % (Y-o-Y) 10.79 % (Y-o-Y) Operating Expenses Major Highlights Business Performance Financial Performance Asset Quality Capital (Half-Yearly)
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www.bankofmaharashtra.bank.in /mahabank Provisions & Contingencies ( ₹ in Crore ) 14 Year Ended Sept`25 Jun`26 Sept`26 Sept`25 Sept`26 Mar`26 Prov for Non Performing Assets 583 755 121 1,302 876 2,626 Prov for Standard/Restructured Assets 158 76 603 269 679 417 Prov for Non-performing Investment 0 (4) 6 0 3 (4) Other provisions (net of write back) 15 13 (76) 52 (62) (71) Income Tax [net of DTA & write back] 185 257 405 295 661 838 TOTAL PROVISIONS 941 1,097 1,059 1,918 2,156 3,807 Particulars Quarter Ended Half - Year Ended Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank Key Financial Ratios 15 (Quarterly) Major Highlights Business Performance Financial Performance Asset Quality Capital 4.66 4.75 4.74 4.59 4.67 4.47 4.33 4.38 4.63 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Cost of Deposits (%) 4.20 4.27 4.30 4.26 4.32 4.10 3.95 4.01 4.07 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Cost of Funds (%) 38.81 38.27 38.50 37.57 37.10 37.19 36.51 35.04 33.73 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Cost to Income (%) 3.50 4.18 4.56 4.64 4.52 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Cost of Deposits (%) (Half-Yearly) 3.25 3.82 4.14 4.29 4.04 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Cost of Funds (%) 39.35 37.65 38.34 37.34 34.37 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Cost to Income (%)
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www.bankofmaharashtra.bank.in /mahabank Key Financial Ratios 16 (Quarterly) Major Highlights Business Performance Financial Performance Asset Quality Capital 9.21 9.27 9.30 9.28 9.19 8.92 8.72 8.57 8.86 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Yield on Advances (%) 7.87 7.99 8.01 7.99 7.93 7.67 7.57 7.56 7.53 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Yield on Funds (%) 7.61 8.78 9.10 9.24 8.76 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Yield on Advances (%) 6.39 7.40 7.84 7.96 7.54 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Yield on Funds (%) 6.03 6.36 6.92 6.87 6.80 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Yield on Investments (%) (Half-Yearly) 6.86 6.87 6.87 6.89 6.86 6.71 6.84 6.78 6.81 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Yield on Investments (%)
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www.bankofmaharashtra.bank.in /mahabank 1.74 1.78 1.78 1.80 1.82 1.86 1.97 1.90 2.02 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Return on Assets (%) 26.01 22.36 23.08 23.00 22.58 23.79 26.61 24.65 26.98 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Return on Equity (%) 0.87 1.35 1.73 1.81 1.96 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Return on Assets (%) Key Financial Ratios 17 (Quarterly) Major Highlights Business Performance Financial Performance Asset Quality Capital (Half-Yearly) 16.90 23.31 25.68 22.30 25.29 Sept`22 Sept`23 Sept`24 Sept`25 Sept`26 Return on Equity (%)
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www.bankofmaharashtra.bank.in /mahabank Assets & Liabilities – An Overview Assets Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Cash & Balance with RBI 17,276 10,678 26,645 14,880 32,185 Balances with Bank & Call Money 662 142 1,100 496 2,322 Total Investments (Net of Depreciation & Provision) 96,422 1,03,000 1,01,480 1,00,476 99,483 Total Advances (Net of Provision) 2,50,188 2,69,527 2,88,104 3,01,934 3,25,641 Total Fixed Assets (Net of Depreciation) 2,904 2,858 2,962 2,948 2,960 Other Assets 6,276 7,019 7,071 5,569 5,935 Total 3,73,729 3,93,224 4,27,363 4,26,303 4,68,526 Liabilities Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Capital 7,692 7,692 7,692 7,692 7,692 Reserves & Surplus 23,915 25,618 25,416 27,884 29,711 Deposits 3,09,791 3,21,661 3,50,564 3,44,493 3,76,407 Borrowings 24,924 30,358 35,234 38,749 47,890 Other Liabilities & Provisions 7,407 7,895 8,457 7,486 6,826 Total 3,73,729 3,93,224 4,27,363 4,26,303 4,68,526 ( ₹ in Crore ) 18 Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank Credit Portfolio – Balanced Loan Growth ( ₹ in Crore ) Particulars Sept`25 Jun`26 Sept`26 Growth (Y-o-Y) % Total Retail Credit 78,226 89,661 94,582 20.91 of which Housing 43,041 51,601 55,132 28.09 Education 2,860 2,996 3,121 9.13 Vehicle 4,872 6,698 7,509 54.10 Others 27,454 28,366 28,820 4.98 Particulars Sept`25 Jun`26 Sept`26 Growth (Y-o-Y) % Total Agriculture Credit 33,249 42,290 44,408 33.56 of which Farm Credit (Crop, Investment & Allied) 13,438 17,976 19,776 47.17 Agri Infrastructure 932 1,211 1,335 43.26 Agri Ancillary Activities 18,879 23,102 23,296 23.40 Particulars Sept`25 Jun`26 Sept`26 Growth (Y-o-Y) % Total MSME Credit 46,553 55,386 58,049 24.69 of which Micro 25,828 30,054 31,277 21.10 Small 14,704 16,103 16,387 11.45 Medium 6,022 9,228 10,384 72.44 RETAIL CREDIT AGRICULTURE CREDIT MSME CREDIT Particulars Sept`25 Jun`26 Sept`26 Growth (Y-o-Y) % Domestic Advances 2,53,230 2,97,858 3,11,264 22.92 of which Retail Sector 78,226 89,661 94,582 20.91 Agriculture Sector 33,249 42,290 44,408 33.56 MSME Sector 46,553 55,386 58,049 24.69 Total of RAM 1,58,029 1,87,337 1,97,038 24.69 RAM % to Domestic Advances 62.41 62.89 63.30 Corporate & Others 95,201 1,10,521 1,14,225 19.98 Overseas Advances 888 8,106 18,095 - Global Advances 2,54,118 3,05,964 3,29,359 29.61 % Share of Global Advances, as on 30th September 2026 19 ( ₹ in Crore ) Other Retail Loan (Break-up) - Sep`26 Amount (Rs. In Cr.) % of Total other Retail Loan Gold 11,359 39 LAP, Top-Up & Others 7,078 25 Staff Loans 4,264 15 Personal 4,113 14 LAD 1,239 4 Aadhar 768 3 Total 28,820 100 Major Highlights Business Performance Financial Performance Asset Quality Capital Retail Sector; 29% Agriculture Sector; 13%MSME Sector; 18% Corporate & Others; 35% Overseas Advances; 5%
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www.bankofmaharashtra.bank.in /mahabank 20.61% 17.11% 13.42% 7.12% 5.40% 3.38% 3.10% 2.05% 2.03% 2.02% 1.73% 1.39% 1.22% 1.16% 1.12% 1.11% 1.04% 1.01% 0% 3% 6% 9% 12% 15% 18% 21% Infrastructure Housing Agriculture & Allied Activities NBFCs other than Public Financial Institutions (PFIs) Trade Professional and Other Services Loans against gold jewellery Vehicle Loans Basic Metal & Metal Product Commercial Real Estate All Engineering Chemicals & Chemical Products Textiles Housing Finance Companies (HFCs) Education Petroleum, Coal Products & Nuclear Fuels Iron & Steel Micro Financial Institutions (MFIs) Funded exposure to selected sectors & industries with total exposure (more than 1%) – Sept`26 Top 3 selected sectors are Infrastructure, Housing, and Agriculture & Allied Activites, which cover over 51% of total funded exposure. 20 Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank External Rating-wise Advances – Above 25 Cr No. of Borrowers O/s Amount % of O/s Amount No. of Borrowers O/s Amount % of O/s Amount No. of Borrowers O/s Amount % of O/s Amount Total Eligible Advances for External Rating 569 1,13,388 100 692 1,39,560 100 1,097 1,45,090 100 AAA 13 8,043 7 16 19,894 14 20 19,329 13 AA 96 35,353 31 107 38,870 28 126 39,737 27 A 154 30,653 27 191 34,677 25 305 35,805 25 BBB 165 18,963 17 190 21,644 16 475 27,445 19 BB & Below 40 2,664 2 77 8,067 6 79 5,983 4 Total Rated 468 95,676 84 581 1,23,152 88 1,005 1,28,299 88 Govt. Guaranteed Advances(Unrated) 16 11,126 10 16 10,434 8 16 11,063 8 Total Rated plus Govt Guarantee 484 1,06,802 94 597 1,33,586 96 1,021 1,39,362 96 Other Unrated 85 6,586 6 95 5,974 4 76 5,728 4 Sept`25 Jun`26 Sept`26 Particulars ( ₹ in Crore ) 21 Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank Restructuring of Standard Advances Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Retail- As on Date 1,023 985 945 897 859 Agriculture- As on date 127 105 101 100 94 MSME- As on date 81 66 61 56 53 Corporate- As on Date 926 939 972 948 941 Total 2,157 2,095 2,079 2,001 1,948 Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Standard 2,49,746 98.28 2,69,115 98.40 2,87,721 98.55 3,01,529 98.55 3,25,245 98.75 Sub-Standard 1,708 0.67 1,810 0.66 1,673 0.57 1,802 0.59 1,770 0.54 Doubtful 2,442 0.96 2,358 0.86 2,333 0.80 2,432 0.79 2,000 0.61 Loss 222 0.09 221 0.08 240 0.08 201 0.07 344 0.10 Total Advances 2,54,118 100 2,73,502 100 2,91,967 100 3,05,964 3,29,359 100 Particulars Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. Amount % of Gross Adv. SMA 1 226 0.09 176 0.06 241 0.08 147 0.05 165 0.05 SMA2 296 0.12 344 0.13 56 0.02 208 0.07 267 0.08 Total 522 0.21 521 0.19 297 0.10 355 0.12 432 0.13 * Rs. 5 crore and above Special Mention Account (SMA) * Sept`26Sept`25 Dec`25 Mar`26 Jun`26 Particulars Asset Quality ( ₹ in Crore ) 22 Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank 23 (Quarterly) (Quarterly) Major Highlights Business Performance Financial Performance Asset Quality Capital 1.10 1.04 1.07 1.19 0.92 0.97 0.91 0.99 0.15 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Credit Cost % 1.18 1.16 1.17 1.23 1.20 1.20 1.25 1.23 1.15 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Slippage Ratio % 0.20 0.20 0.18 0.18 0.18 0.15 0.13 0.13 0.12 1.84 1.80 1.74 1.74 1.72 1.60 1.45 1.45 1.25 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Gross & Net NPA (%) Net NPA % Gross NPA % 98.31 98.28 98.26 98.36 98.34 98.41 98.59 98.55 98.53 89.74 89.77 90.18 90.17 90.37 90.70 91.43 91.29 90.82 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Provisions Coverage Ratio (%) PCR [%] (including TWO) PCR [%] (excluding TWO)
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www.bankofmaharashtra.bank.in /mahabank Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Opening Level of Gross NPAs 4,206 4,372 4,388 4,246 4,434 Total Reductions 546 735 982 702 1,191 of which : Recovery + Upgradation 427 287 344 236 705 Gross Addition 712 751 841 890 871 of which : Variable 2 2 2 2 2 : Fresh Slippages (Net) 710 749 839 888 869 Net Increase/Decrease 166 16 (142) 188 (321) Closing Level of Gross NPAs 4,372 4,388 4,246 4,434 4,114 Particulars Last 5 Quarters Advances Sector NPA Sector NPA % Advances Sector NPA Sector NPA % Advances Sector NPA Sector NPA % Retail Sector 78,226 240 0.31 89,661 305 0.34 94,582 353 0.37 Agriculture Sector 33,249 3,287 9.89 42,290 3,206 7.58 44,408 2,664 6.00 MSME Sector 46,553 807 1.73 55,386 884 1.60 58,049 1,037 1.79 Total of RAM 1,58,029 4,334 2.74 1,87,337 4,395 2.35 1,97,038 4,053 2.06 Corporate & Others 95,201 38 0.04 1,10,521 40 0.04 1,14,225 60 0.05 Domestic Advances 2,53,230 4,372 1.73 2,97,858 4,434 1.49 3,11,264 4,114 1.32 Overseas Advances 888 - - 8,106 - - 18,095 - - Global Advances 2,54,118 4,372 1.72 3,05,964 4,434 1.45 3,29,359 4,114 1.25 Particulars Sept`25 Sept`26Jun`26 Sector-wise Credit Deployment & NPA ( ₹ in Crore )Movement of NPA ( ₹ in Crore ) 24 Major Highlights Business Performance Financial Performance Asset Quality Capital
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www.bankofmaharashtra.bank.in /mahabank Retail Sector - NPA Advances Sector NPA Sector NPA % Advances Sector NPA Sector NPA % Advances Sector NPA Sector NPA % Total Retail Credit 78,226 240 0.31 89,661 305 0.34 94,582 353 0.37 of which Housing 43,041 78 0.18 51,601 115 0.22 55,132 127 0.23 Education 2,860 2 0.08 2,996 4 0.14 3,121 9 0.28 Vehicle 4,872 7 0.14 6,698 13 0.20 7,509 18 0.24 Others 27,454 153 0.56 28,366 172 0.61 28,820 199 0.69 Sept`25 Jun`26 Sept`26 Particulars ( ₹ in Crore ) Advances Sector NPA Sector NPA % Advances Sector NPA Sector NPA % Advances Sector NPA Sector NPA % Total MSME Credit 46,553 807 1.73 55,386 884 1.60 58,049 1,037 1.79 of which Micro 25,828 667 2.58 30,054 670 2.23 31,277 758 2.42 Small 14,704 104 0.71 16,103 193 1.20 16,387 194 1.18 Medium 6,022 36 0.59 9,228 21 0.23 10,384 85 0.82 Particulars Sept`25 Jun`26 Sept`26 MSME Sector - NPA ( ₹ in Crore ) 25 Major Highlights Business Performance Financial Performance Asset Quality Capital 0.35 0.34 0.30 0.39 0.31 0.35 0.27 0.34 0.37 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Retail Sector NPA % 2.39 2.39 1.92 1.59 1.73 1.48 1.54 1.60 1.79 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 MSME Sector NPA %
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www.bankofmaharashtra.bank.in /mahabank Capital Adequacy (%) Particulars Sept`25 Jun`26 Sept`26 RWA for Credit Risk 1,63,251 1,90,579 1,97,894 RWA for Market Risk 2,931 1,318 3,022 RWA for Operational Risk 21,531 25,499 25,499 Total RWA 1,87,714 2,17,396 2,26,415 CET I % 14.05 15.56 15.61 AT I % 0.91 0.79 0.76 TIER I % 14.96 16.35 16.37 26 ( ₹ in Crore ) Major Highlights Business Performance Financial Performance Asset Quality Capital 13.13 14.70 16.86 16.63 14.96 13.95 15.41 16.35 16.37 4.13 4.01 3.67 3.43 3.17 3.11 2.95 2.29 2.14 17.26 18.71 20.53 20.06 18.13 17.06 18.36 18.64 18.51 Sept`24 Dec`24 Mar`25 Jun`25 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Tier I Capital Tier II Capital CRAR
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www.bankofmaharashtra.bank.in /mahabank Equity Holding(%) & Ratios Particulars Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 No. of Shares (in crore) 769 769 769 769 769 Market Capitalization (in crore) 43,057 47,726 47,172 70,332 61,048 Net Worth (in crore) 28,934 29,923 30,272 32,780 34,240 Return on Equity (%) 22.58 23.79 26.61 24.65 26.98 Return on Assets (%) 1.82 1.86 1.97 1.90 2.02 Earning Per Share (Rs.) (Not Annualized) 2.12 2.31 2.62 2.63 3.00 Book Value Per Share (Rs.) (excl. Rev. Res.) 37.62 38.90 39.36 42.62 44.52 As on 30th September 2026 27 Particulars Agency Rating Long Term Rating (Tier II Bonds) ICRA / CARE / INFOMERICS / ACUITE / BRICKWORK AA+ (Stable) Short Term Rating CRISIL A1+ International Rating S&P Global / Fitch BBB (Stable) / BBB- (Stable) (Quarterly) Major Highlights Business Performance Financial Performance Asset Quality Capital Govt of India; 73.60% Banks/ FIs/ Insurance Co; 6.77% FIIs, NRIs and OCBs; 6.73% Mutual funds/ UTI; 7.00% Domestic Companies; 0.42% Individuals; 5.48% Shareholding Pattern
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www.bankofmaharashtra.bank.in /mahabank PM SVANidhi STP Journey: •The STP journey under PM SVANidhi has been launched to facilitate seamless digital processing of collateral-free loans up to ₹50,000 for urban street vendors. Maha e-GST scheme for NTB customers: • The Bank has launched a fully digital STP-based MSME lending platform, enabling end-to-end processing of working capital loans up to ₹25 lakh through automated credit assessment and disbursement. Maha Digital Car Loan: • Maha Digital Car Loan has been launched as an end-to-end STP-based vehicle financing solution for salaried customers, enabling seamless digital financing of new vehicles through automated onboarding, credit assessment, sanction, documentation, and disbursement Zen Lyfe • Forex Services Integration • Demat & Trading Account Integration • Account Statement • Digital Channel Blocking facility • UPI Mandate Management • Rewards & Offers • Feedback, Surveys & App Ratings • Direct Fraud Reporting via I4C • Enhanced customer engagement features have been introduced, including a digital welcome guide and personalized birthday greetings with celebratory animations. 28 New Initiatives in Digital Banking UPI • UPI based Cardless cash withdrawal at BC channel/ATM • UPI Autopay Interoperability • UPI Single Block Multiple Debits (SBMD) TRUST (Trade Related Unified Solution & Technology) • The Bank has launched TRUST, a centralized trade finance platform with enhanced features, regulatory compliance, and online initiation of Bank Guarantees and Outward Remittances through Corporate Internet Banking. Digital Approvals Bharat Connect (BBPS) • BBPS Bharat Connect has been launched through Internet Banking (31st Jul 26) and Mobile Banking(14Th Aug 26) channels, enhancing digital bill payment services and strengthening the Bank's digital offerings. Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products & Awards
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www.bankofmaharashtra.bank.in /mahabank 29 New Initiatives in Information Technology • Database Activity Monitoring (DAM) solution implemented across DC and DR for major application databases, enabling real-time threat detection, continuous security monitoring, and enhanced audit compliance. • Commvault Backup Augmentation deployed with air-gapped backup arrangements to establish a cyber-safe recovery environment, ensuring data integrity, operational resilience, and business continuity. To enhance Core Technology Infra To enhance Digital Process & Automation • Digital Insurance solution strengthened through migration of APIs to the Apigee platform. • FCSS application made live, with successful completion of the first IBU GIFT City transaction. To enhance the Delivery Channels • Saral GST Income Module successfully made live. • Finacle Treasury made fully operational for IBU business operations Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products & Awards
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www.bankofmaharashtra.bank.in /mahabank Digital Footprints 30 * Bank has launched new mobile banking application Zen Lyfe as part of technology upgrade. Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products & Awards * 0.59 1.11 1.39 1.66 Dec`25 Mar`26 Jun`26 Sept`26 Zen Lyfe (Mobile Banking Users in Mio) 2.03 2.27 2.77 2.89 3.15 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Whats App Users (Mio.) 6.12 6.60 6.97 9.37 9.58 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 UPI/BHIM Users (Mio) 2,571 2,616 2,685 2,731 2,775 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 ATMs (Actuals) 0.95 0.96 0.97 0.97 0.99 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 QR Code Merchants (Mio.)
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www.bankofmaharashtra.bank.in /mahabank Financial Inclusion (in Lakhs) 31 Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products & Awards 82.67 84.84 86.68 87.98 87.76 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 No. of PMJDY Accounts 75.06 83.60 88.57 89.71 93.55 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 No. of policies issued under Pradhan Mantri Suraksha Bima Yojana 38.16 44.42 48.37 49.72 53.44 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 No. of policies issued under Pradhan Mantri Jeevan Jyoti Bima Yojana 10.93 11.80 12.42 12.82 13.31 Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 No.of Enrollments under Atal Pension Yojana
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www.bankofmaharashtra.bank.in /mahabank Sept`25 Dec`25 Mar`26 Jun`26 Sept`26 Metro 657 672 692 701 715 Urban 598 608 625 637 652 Semi Urban 793 809 829 836 847 Rural 617 630 639 641 645 Total Branches 2,665 2,719 2,785 2,815 2,859 Category No. of Branches (Domestic) 32 Employee Age Profile % (in Years) Total No. of employees are 17,122, out of which 70% of employees are below the age of 40 years. Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products & Awards 24% 20% 26% 14% 15% Below 30 30-35 35-40 40-45 45 above 0% 5% 10% 15% 20% 25% 30%
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www.bankofmaharashtra.bank.in /mahabank 33 Maha Green Pehal •Collection of Climate Risk related data across Bank through Maha Green Pahal portal under “MAHADARPAN” •Discontinuation of plastic folders and purchase of Diesel Vehicle. •Implementation of E-meeting portal for saving paper usage. •Dedicated Green Cell unit for climate risk management initiatives. Green Finance •Maha Super Green Housing Loan Scheme-Green Building : Rs. 275.43 Cr outstanding as on 30.09.26 •Maha Super Green Car Loan Scheme: E-Vehicle: Rs. 651.20 Cr outstanding as on 30.09.26 •Roof Top Solar Scheme – PM Surya Ghar: Rs. 578.57 Cr outstanding as on 30.09.26 •Renewable energy– Rs. 6170.86 Cr outstanding as on 30.09.26 •Green Deposit- Rs. 104.96 Cr as on 30.09.26. E-Waste •Total E-waste collected as on 30.09.26 ~ 350.29 Ton. •Total E-waste collected during 01.07.2026 to 30.09.2026 ~ 27.29 Ton. •Total E-waste recycled as on 30.09.26 ~ 350.29 Ton •Total E-waste recycled during 01.07.2026 to 30.09.2026 ~ 27.29 Ton. •Total reduction of Carbon Emissions as on 30.09.26 ~ 453.19 Ton •Total reduction of Carbon Emissions during 01.07.2026 to 30.09.2026 ~ 35.19 Ton. Tree Plantation •Total 17522 trees have been planted nationwide as contribution towards making the environment better as on 30.09.2026. •During Sept’26 quarter, total 1000 trees have been planted in different tree plantation drive at different locations of the country. Adoption of Green Energy •Total 25 Solar panels have Installed at different premises of Bank. •During Sept’26 quarter, total 1,55,276 units (kWh) of electricity generated through solar installations, and Rs. 22.00 Lakhs saved on electricity. •As on 30.09.2026, Total 19,93,655 units (kWh) of electricity generated through solar installations started from Aug’2021 and Rs. 2.52 Cr. saved on electricity. Credit Assistance •Rs. 44,407.97 Cr – total outstanding loan to agricultural sector as on 30.09.26 •Rs. 1,22,125.27 Cr – total outstanding loan to priority sector as on 30.09.26 •Rs. 30,067.95 Cr – total outstanding loan to Women beneficiaries under different schemes as on 30.09.26. Corporate Social Responsibility •During Sept’26 quarter, total amount of Rs. 1.67 Cr contributed towards Social & Environmental initiatives /activities. Human Resources •Total Workforce of the Bank is 17,122 as on 30.09.26 •Total no. of women employee is 5,222 as on 30.09.26 which is 30.50% of total workforce. •Total 71,419 man-hours of training provided to the employees of the Bank during Sept’26 quarter by Bank’s training institutes. Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products & Awards
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www.bankofmaharashtra.bank.in /mahabank Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products & Awards
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www.bankofmaharashtra.bank.in /mahabank Winner in the Overall Performance (Banks) category among PSBs (Small) at the 21st ASSOCHAM Annual Summit & Awards 2026 on Banking & Financial Sector Lending Companies APY Annual Award of Excellence - FY2025-26 for surpassing Atal Pension Yojana targets First Runner-Up in Data Quality Recognition at the EASE 8.0 PSB Reforms Citation Ceremony 2026 'Best Public Sector Bank at the National Level for 2025' by the State Forum of Bankers Club, Kerala. "Best Mid-Sized Bank" award at the Business Today Banking & Economy Summit 2026. IBEX India BFSI Tech Awards 2026 with four prestigious recognitions across digital innovation, cybersecurity, risk management and operational excellence. National Award for the outstanding performance in SHG–Bank Linkage (2024–25) under DAY-NRLM from the Ministry of Rural Development, GoI Dhanam Best Bank of the Year Award at South India’s premier BFSI event - Dhanam BFSI Summit & Award Nite 2025. Public Sector Bank of the Year in the Institutional Category at the prestigious FE Best Banks Awards, presented by Shri Amit Shah, Hon’ble Minister of Home Affairs Digital Banking Financial Inclusion Expanding Footprints ESG Initiatives Products & Awards 35
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