Mumbai : The Bank of Maharashtra (BOM) announced financial results for Year ended March 31, 2014. The Operating profit for the FY 2013-14 stood at Rs 2006.37 crore. The Net Profit stood at Rs 385.97 crore. The total income of the bank increased by Rs 2325.42 crore to Rs 12850.85 crore thereby recording a growth of 22% over FY 2012-13. The CASA Deposits increased to Rs 41921.17 crore at 8.96% growth on Y-O-Y basis.
Interest Spread for FY 2013-14 increased to Rs 3508.93 crore recording a growth rate of 15.68% over the previous year. The bank’s total Deposits were up by 23.81% to Rs 116803.09 crore as at March 31, 2014. The total business of the bank increase by 21.34% to rs 207171.76 crore as at March 31, 2014.