Financial institution of Maharashtra’s complete deposits and gross advances elevated by 15.72 per cent and 29.59 per cent, respectively, year-on-year (y-o-y) as at March-end 2023, with its complete enterprise crossing the ₹4-lakh-crore mark.
As at March-end 2023, complete deposits and gross advances stood at ₹2,34,092 crore (₹2,02,294 crore as at March-end 2022) and ₹1,75,255 crore ( ₹1,35,240 crore), respectively, as per the general public sector financial institution’s quarter-end provisional enterprise replace.
As at March-end 2023, complete enterprise (complete deposits plus gross advances) stood at ₹4,09,347 crore (₹3,37,534 crore).
The proportion of low-cost present account, financial savings account (CASA) deposits got here right down to 53.39 per cent of complete deposits as at March-end 2023 in opposition to 57.85 per cent per cent as at March-end 2022. Nonetheless, the proportion of CASA improved as at March-end 2023 vis-a-vis 52.50 per cent as at December-end 2022.
Credit score-deposit ratio improved to 74.87 per cent in opposition to 66.85 per cent as at March-end 2022.
