Bank of Maharashtra Management Guidance Tracker
12 forward-looking guidance items tracked across 3 quarters.
Margins
Management expects NIM to remain around 3.75% for the full year, with potential stabilization as deposits reprice.
Q2 FY26Credit cost below 1%ActiveManagement guided to maintain credit cost below 1% on a sustainable basis, including ECL impact.
Q3 FY26NIM to be maintained at ~3.75%ActiveManagement targets NIM around 3.75% despite rate cuts, supported by MCLR repricing and cost management.
Q3 FY26Cost-to-income below 40%ActiveDespite branch expansion, management expects to maintain cost-to-income below 40%; current level is 37.19%.
Q4 FY26NIM guidance of 3.75% for FY27TrackedNet interest margin expected to be 3.75% for the full year.
Q4 FY26ROA guidance of 1.80% for FY27TrackedReturn on assets guided at 1.80%, up from 1.75% in FY26.
Expansion
Growth
Management aspires to grow the GIFT IBU book to $1 billion in the next 12 months, with a profitable business model.
Q3 FY26Deposit growth guidance of 14% YoY for FY26ActiveManagement confirmed achieving 14% deposit growth target for the full year, despite Q3 YTD growth of 4.73%, citing Q4 seasonal inflows and strategic focus on low-cost deposits.
Q4 FY26Advances growth of 18% for FY27TrackedTotal business to grow 16-17%, with advances at 18% and deposits at 14-15%.