Annual Report 2016-2017 of Bank of Maharashtra

It is a broadly described annual report of Bank of Maharashtra in the year of 2016-2017. During the financial year, The Bank’s Total Business stood at Rs. 240590 Crore as on 31st March 2017 as compared to Rs. 250230 Crore last year. As on 31st March 2017, total deposits stood at Rs. 1,39,053 Crore & Gross advances stood at Rs. 1,01,537 Crore. Operating profit for the financial year 2016-17, stood at Rs. 1,827 Crore (Rs. 2,345 Crore for the financial year 2015-16). Net loss for the year ended 31st March 2017 was Rs. 1,373 Crore (as compared to net profit of Rs. 101 Crore for the year ended 31st March 2016). The total income of the Bank decline from Rs. 14072.27 Crore in FY 2015-16 to Rs. 13570.03 Crore in FY 2016-17.

The Board of Directors of the bank has do not propose any dividend for the FY 2016-17, as the Bank has incurred the loss.

More Annual Report of Bank of Maharashtra:

  1. Annual Report 2009-2010 of Bank of Maharashtra
  2. Annual Report 2010-2011 of Bank of Maharashtra
  3. Annual Report 2011-2012 of Bank of Maharashtra
  4. Annual Report 2012-2013 of Bank of Maharashtra
  5. Annual Report 2013-2014 of Bank of Maharashtra
  6. Annual Report 2014-2015 of Bank of Maharashtra
  7. Annual Report 2015-2016 of Bank of Maharashtra
  8. Annual Report 2016-2017 of Bank of Maharashtra