Bank of Maharashtra Share Price in Focus as Q1 FY27 Global Advances Surge 27% to Rs 2.41 Lakh Crore
- July 6, 2026
- Posted by: Ankit Jaiswal
- Category: News
Bank of Maharashtra share price CMP Rs 89.07, up 0.60%. Q1 FY27 total business up 19% to Rs 6.51 lakh crore. Global advances up 27% to Rs 2.41 lakh crore. CASA ratio at 50%.
Bank of Maharashtra share price is in focus on 6 July 2026 after the public sector lender reported a strong operational performance for the June quarter, with total business rising 19 percent year on year to Rs 6.51 lakh crore. Total deposits grew 13 percent to Rs 3.44 lakh crore, while global advances surged a sharper 27 percent to Rs 2.41 lakh crore.
The bank also reported an improvement in its CASA ratio to 50 percent from 49 percent a year ago, a notably high proportion of low cost deposits relative to most peer public sector banks.
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About Bank of Maharashtra
Bank of Maharashtra is a Pune headquartered public sector bank with a strong presence in western India, particularly in Maharashtra, offering retail, corporate and MSME banking services through its extensive branch network.
Why Bank of Maharashtra Share Price Is in Focus Today
Bank of Maharashtra share price is in focus because the Q1 FY27 update shows advances growth significantly outpacing deposit growth while the bank maintains one of the strongest CASA ratios in the PSU banking space. Investors tracking Bank of Maharashtra share price can view live quotes and fundamentals on the Univest stock page for Bank of Maharashtra before assessing the update in full.
Advances Growth Outpaces Deposits
Global advances surged 27 percent year on year to Rs 2.41 lakh crore, considerably ahead of the 13 percent growth in total deposits to Rs 3.44 lakh crore. This divergence, echoing a pattern seen across several banks this quarter, indicates the bank is deploying its existing liquidity aggressively into credit growth even as deposit mobilisation grows at a steadier pace.
CASA Ratio Among the Strongest in the Sector
The CASA ratio improved to 50 percent from 49 percent a year ago, a level that compares favourably with most public and private sector banks, many of which operate with CASA ratios in the 30 percent range. A high CASA mix typically supports a lower cost of funds and can be a meaningful competitive advantage in a rising or stable rate environment.
Bank of Maharashtra Q1 FY27 Key Metrics
The table below summarises the key operating metrics from the Q1 FY27 update.
| Metric | Q1 FY27 | YoY Change |
|---|---|---|
| Total Business | Rs 6.51 lakh crore | +19% |
| Total Deposits | Rs 3.44 lakh crore | +13% |
| Global Advances | Rs 2.41 lakh crore | +27% |
| CASA Ratio | 50% | +1 pt (from 49%) |
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Bank of Maharashtra Share Price and Recent Performance
Bank of Maharashtra share price was quoting at Rs 89.07, up Rs 0.53 or 0.60 percent, after touching an intraday high of Rs 90.50 and a low of Rs 88.57. Trading volumes stood at 336,244 shares, compared to the five day average of 1,397,959 shares, a decrease of 75.95 percent, even as the stock held onto modest gains through the session.
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What This Update Means for Bank of Maharashtra
The 27 percent advances growth, well ahead of the sector average for most PSU banks this quarter, combined with an already high CASA ratio, positions Bank of Maharashtra favourably on both growth and cost of funds metrics heading into the rest of FY27. The key monitorable for the full quarterly results will be whether this aggressive credit growth is accompanied by stable asset quality, since rapid loan book expansion can sometimes precede a rise in slippages in subsequent quarters.
Conclusion
Bank of Maharashtra share price is in focus on 6 July 2026 after Q1 FY27 total business rose 19 percent to Rs 6.51 lakh crore, with global advances surging 27 percent and the CASA ratio improving to 50 percent. The stock was trading around Rs 89.07 during the session. Track the full quarterly results for asset quality details and consult a SEBI registered advisor before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Bank of Maharashtra Share Price
Why is Bank of Maharashtra share price in focus today?
Ans. Bank of Maharashtra share price is in focus because its Q1 FY27 business update showed total business rising 19 percent YoY to Rs 6.51 lakh crore, with global advances surging 27 percent to Rs 2.41 lakh crore.
What was Bank of Maharashtra’s Q1 FY27 advances growth?
Ans. Bank of Maharashtra reported global advances of Rs 2.41 lakh crore for Q1 FY27, up 27 percent YoY, significantly outpacing the 13 percent growth in total deposits to Rs 3.44 lakh crore.
What is Bank of Maharashtra’s CASA ratio?
Ans. Bank of Maharashtra’s CASA ratio improved to 50 percent in Q1 FY27, up from 49 percent a year earlier, among the strongest CASA ratios in the public sector banking space.
What was Bank of Maharashtra share price on 6 July 2026?
Ans. Bank of Maharashtra share price was quoting at Rs 89.07, up 0.60 percent, after touching an intraday high of Rs 90.50 and a low of Rs 88.57.
What is Bank of Maharashtra’s total business as of Q1 FY27?
Ans. Bank of Maharashtra’s total business, comprising deposits and advances, rose 19 percent YoY to Rs 6.51 lakh crore as of the June 2026 quarter.
Is Bank of Maharashtra share price a buy after this Q1 update?
Ans. This article does not constitute investment advice. Review the bank’s full quarterly results including asset quality metrics, and consult a SEBI registered financial advisor before making any investment decision.
