Bank of Maharashtra Q2 net profit jumps 103% on higher interest income

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The bank’s net NPA was at 1.73%, while gross NPA came in at 5.56%, as against a net NPA ratio of 3.30% and gross NPA ratio of 8.81% last year. The bank’s provisional coverage ratio improved to 92.38%. It held cumulative Covid-19 provision of Rs 973 crore as on September 30, 2021.