MAHABANK

- Appointment of Shri Naresh Kumar Vashisht as Part-time Non-official Director on the Board of Bank of Maharashtra. - The appointment is effective from August 12, 2026, for a period of three years.

- Bank of Maharashtra revised its MCLR rates, effective July 25, 2026. - 6-month MCLR increased from 8.80% to 8.90% and One-Year MCLR from 8.95% to 9.00%. - Overnight MCLR decreased from 7.50% to 7.30%.

- Smt. Uma Vedula, Chief Compliance Officer (CCO) of Bank of Maharashtra, has resigned for personal reasons and was relieved on July 23, 2026. - The Bank is in the process of appointing a new CCO at the rank of Chief General Manager as per RBI guidelines.

- Q1 FY27 performance was strong, with business growth and profitability consistently above guidance. - Operating Profit (OP) grew ▲21% YoY to ₹3,117 Cr. - Net Profit (PAT) grew ▲27% YoY to ₹2,020 Cr. - Total Business Growth: ▲19% YoY (vs. guidance 16-17%). - Total Advances Growth: ▲27% YoY (vs. guidance 18%). - Net Interest Margin (NIM): 3.85% (above 3.75% guidance, despite 10 bps YoY reduction). - Gross NPA: 1.45% (below 2% guidance); Net NPA: 0.13% (below 0.25% guidance); PCR: 98.55%. - Board approved INR5,000 Cr equity raising plan for FY27. - Management reaffirmed commitment to existing guidance and plans continued branch expansion (200 annually). - FII holding increased from 0.39% to 6.08%, DII holding from 0.24% to 7.42%.

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