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Bank of Maharashtra shares rise after declaration of Q4FY26 provisional numbers
Bank of Maharashtra shares rose 4.5% after announcing a 22% credit growth of ₹2.92 lakh crore for Q4 FY26. Total deposits increased by 14% to ₹3.50 lakh crore, while overall business grew 18% to ₹6.42 lakh crore.
Gudi Padwa 2026 Bank Holiday: Are Banks Open Or Closed In Maharashtra On March 19?
Apart from Maharashtra, banks will remain shut on March 19 in Karnataka, Tamil Nadu, Telangana, Manipur, Jammu and Kashmir, Goa and Andhra Pradesh.
Bank stocks slip as Maha farm loan waiver adds to FPI worry
Banking stocks plunged on Monday, with the Bank Nifty seeing its steepest fall since April 2025. Maharashtra's farm loan waiver announcement triggered widespread selling, particularly impacting state-owned banks. This, coupled with foreign investors' cautious stance on Indian equities, led to significant losses across the banking sector, with Union Bank of India and IDFC First Bank among the hardest hit.
Nifty PSU Bank tanks 6%; Bank of Maharashtra, UBI, BOI, PNB plunge up to 9%
At 09:32 AM on Monday, the Nifty PSU Bank index was the top loser among sectoral indices, down 5.4 per cent as compared to 2.8 per cent decline in the Nifty 50.
Bank of Maharashtra logs 22% loan growth in Q4
Bank of Maharashtra registered a total credit growth of 22% to Rs 2.92 lakh crore in the fourth quarter ended March 2026.
Trade Spotlight: How should you trade Concord Biotech, Max Healthcare Institute, Laurus Labs, Bank of Maharashtra, Castrol India, and others on May 5?
Overall, the market is expected to remain range-bound until the previous week’s high is taken out convincingly. Below are some short-term trading ideas to consider.
Trade Spotlight: How should you trade LIC Housing Finance, Crompton Greaves, Belrise Industries, Samvardhana Motherson, Bank of Maharashtra, and others on May 7?
Follow-up buying is necessary for a further upmove in the market toward long-term moving averages. Below are some short-term trading ideas to consider.