Bank of Maharashtra (BoM), the state-owned lender, reported a 16.8% growth in credit to Rs 2.54 lakh crore in the July-September quarter of the current financial year. Total advances stood at Rs 2.17 lakh crore as of September 30, 2024, according to a regulatory filing on Monday.

The Pune-based bank also saw a 12.1% rise in deposits, which increased to Rs 3.09 lakh crore from Rs 2.76 lakh crore in the same quarter last year.