MAHABANK / Q2-FY26 / claim-ledger

Audit the questions that mattered.

Bank of Maharashtra · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ2-FY26 · 2025-10-24Back to quarter ↗

Questions audited

Answered directly

50%

Numeric claims

Consistency

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Question ledger

What was answered, and how?

Rohan Mandura · Aquarius Securities

evasive

Why did cost of deposits increase by 8 bps despite term deposit rate cuts?

So the cost of deposit maybe it is 78 bits which has gone up... focus with us is to maintain our deposit growth majorly through the low cost element... bulk deposits have seen a degrowth of 9.9%... CASA has grown at 15%.

Rohan Mandura · Aquarius Securities

direct

What is the outstanding AFS reserve at end of Q2?

It's around 340 crores on the ground.

Rohan Mandura · Aquarius Securities

direct

Why did credit RWA increase 10.5% QoQ?

Total RA from June to September increased around 16,000... credit R has increased around 15,000... because of advances the gross advances increased around 14,000 and there is some extra undrawn use there.

Abhishek Kotari · Aviva India

partial

Why is agriculture growth lagging behind retail in RAM portfolio?

RAM overall share is 62.38. Our guidance has been to maintain it at 60:40 plus/minus 2%. We are doing a conscious rebalancing... in the agree portfolio we are making a shift from production credit to investment credit.

Abhishek Kotari · Aviva India

evasive

When will the fund raise happen? Will it be this fiscal or next?

There are plans, we have approvals in place from our board, government, RBI, shareholders. So approvals are in place to go for a fund raise within this FY. We are looking at the opportune time and opportune mode.

Abhishek Kotari · Aviva India

evasive

Will you raise the entire 5,000 cr or a smaller amount?

Since this enabler is there and we take it from the beginning of the year. That approval is on the higher side. With healthy CR of 18%, there is no urgent emergent need for raising the growth capital.

Suraj Das · Sundara Mutual Fund

partial

Why has agriculture GNPA increased to almost 10%? Any specific state or reason?

We have seen some agriculture stress in some pockets due to incessant rains and flooding. Also we are rebalancing our agree book towards investment credit, so denominator reduced. RBI guidelines on gold loan classification also impacted.

Suraj Das · Sundara Mutual Fund

partial

What is the impact of ECL on credit cost and fee income?

ECL calculations... broad number is 2,500 crores. We have already started proactively providing, holding 250 crores. Glide path available, requiring 100 to 125 crores every quarter. Credit cost has come down from 1.19 to 0.92.

Suraj Das · Sundara Mutual Fund

evasive

Can the 1,200 cr COVID provision be used towards the 2,500 cr ECL provision?

It is not just 1200 crores. Today we have a total provisioning cushion of almost 3,000 crores. But 2,500 crores... we have already built 250 and we may follow a guided path.

Sedat Rajpurit · systematics group

direct

What is the LTV for gold loans in agriculture and non-agriculture?

LTB in gold loans the RBI guidelines are 75% at all times. So for agriculture we have kept 85 LTV and we have some variance within this range in the non-priority.

Sedat Rajpurit · systematics group

direct

Is there incremental stress in the MSME segment?

MSME... absolute number it has gone down from 2.9 to 1.7 year on year. September 24 was 2.39 it has come down to 1.73 now. MSME portfolio is also behaving. There's no issue.

Akshai Badlani · HDFC Securities

partial

What is the sustainable credit cost guidance including ECL impact?

Credit cost guidance has been to maintain it below one. September 25 we have achieved 0.92%. On a half yearly basis it is marginally two basis point above 1.02. This guidance going forward also we would be maintaining to keep the credit cost below 1%.