Reaffirmation of Credit Ratings by CRISIL Ratings Ltd
MAHABANK · price
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CRISIL Ratings has reaffirmed its 'CRISIL A1+' rating on Bank of Maharashtra's Certificate of Deposits worth Rs 20,000 crore. The rating continues to factor in strong expected support from the Government of India (79.6% shareholder), the bank's comfortable resource profile, and sustained improvement in asset quality. Gross NPAs stood at 1.72% as of September 30, 2025, with a capital adequacy ratio of 18.1%. The bank's first-half FY26 net profit was Rs 3,226 crore, with return on assets at 1.74% on an annualised basis. Weaknesses noted include moderate scale and high regional concentration in Maharashtra.
The reaffirmation of the highest short-term rating (A1+) signals continued strong creditworthiness and stability of the bank, with no negative change expected in borrowing costs or investor confidence.