New Delhi: State Bank of Maharashtra (BoM) on Friday said it posted credit growth of 16.31 per cent at Rs 2.03 lakh crore for the March quarter.
The outstanding credit was Rs 1.75 lakh crore at the end of March 31, 2023, BoM said in a regulatory filing.
The Pune-headquartered lender reported 15.63 percent growth in total deposits to Rs 2.70 lakh crore against Rs 2.34 lakh crore at the end of the fourth quarter of the previous financial year.
During the quarter, it said, Current Account and Savings Account (CASA) decreased to 52.73 percent of the total deposits against 53.39 percent.
The Credit Deposit Ratio (CD) increased to 75.23 percent at the end of March 31, 2024 against 74.87 percent in the previous year period.