Bank of Maharashtra tops PSU lenders chart in loan growth during FY22

Daily Current Affairs / Bank of Maharashtra tops PSU lenders chart in loan growth during FY22

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Category : Business and economics Published on: June 01 2022

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State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2021-22.
It was followed by State Bank of India and Union Bank of India with 10.27 per cent and 9.66 per cent growth, respectively.
It recorded a 26 per cent increase in gross advances at Rs 1, 35,240 crore at the end of March 2022.

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Bank of Maharashtra tops PSU lenders chart in loan growth during FY22