Bank of Maharashtra has informed the Exchange about Credit Rating
MAHABANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bank of Maharashtra has communicated Fitch Ratings' latest assessment dated March 2, 2026. The bank's Long-Term Issuer Default Rating (IDR) of 'BBB-' with Stable outlook was affirmed. Government Support rating of 'bbb-' and Short-Term IDR of 'F3' were also affirmed. Notably, the Long-Term IDR (xgs) was upgraded to 'BB (xgs)' from a lower level, and the standalone Viability rating was upgraded to 'bb'. The xgs suffix indicates Fitch's ratings without government support uplift.
Positive for shareholders — the upgrade in the standalone Viability rating signals improving intrinsic financial strength of the bank, though the main investment-grade rating remains unchanged. This may boost investor confidence modestly and support the bank's borrowing costs.