Announced Thu, 2 Jul · 20:47 IST
CARE Ratings reaffirms Bank of Maharashtra at AA Plus, Stable outlook
Credit & Debt View source PDF
MAHABANK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹91.00
prior close
₹91.40
base price
After-mkt
timing
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-0.7-1.3-1.1-1.4-5.0-8.7-11.1-9.7-7.6-12.6-11.5———
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AI summary
Bank of Maharashtra's CARE rating was reaffirmed at AA Plus with Stable outlook on 2 July 2026. This covers Tier II Bonds and Infrastructure Bonds across 8 instruments totaling over 14,000 crore. In FY26, the bank posted net profit of 7,019 crore on total income of 32,823 crore, with GNPA improving to 1.45% and a strong CAR of 18.36%. GOI holds 73.60% stake supporting the rating.
Likely market impact
Rating maintained at the same level with stable outlook, reflecting steady financial health. No change for existing bondholders and supportive for future fundraising.