The Bank of Maharashtra, a state-owned bank headquartered in Mumbai, reported a 35% increase in net profit for the fourth quarter of FY26, totaling ₹2,014 crore, compared to ₹1,493 crore in the same quarter last year. This growth was primarily driven by robust loan growth and a decrease in provisions. For the entire fiscal year, the bank's net profit reached ₹7,019 crore, marking a 27% increase from FY25. The bank experienced significant growth in retail agriculture and Micro, Small, and Medium Enterprises (MSME) advances, which rose by 21% year-on-year, with retail advances specifically increasing by 32%. Consequently, the bank's net interest income (NII) surged 19% to ₹3,702.5 crore, up from ₹3,116.4 crore reported in the previous year. The net interest margin (NIM) remained stable at 3.9%. Total deposits also grew by 14% year-on-year, reaching ₹3.50 lakh crore. Looking ahead, CEO Nidhu Saxena projected credit growth of 18% and deposit growth of 14% to 15% for FY27. Additionally, the bank's treasury income fell by 63% to ₹33 crore in March 2026. The board has approved plans to raise up to ₹7,500 crore through equity and debt, along with ₹10,000 crore through long-term infrastructure bonds in fiscal 2027.