Bank of Maharashtra tops PSU lenders chart in loan in Q1

Bank of Maharashtra tops PSU lenders chart in loan in Q1

Daily Current Affairs   /   Bank of Maharashtra tops PSU lenders chart in loan in Q1

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Category : Business and economics Published on: August 21 2023

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  • Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in loan and deposit growth in percentage terms during the first quarter of the financial year 2023-24.
  • BoM witnessed a 24.73 per cent growth and mobilised Rs 2,44,365 crore at the end of June 2023.
  • Bank of Baroda was in the second place with a 15.50 per cent growth in deposits (Rs 10,50,306 crore).
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