Economy · India

Bank of Maharashtra and Indian Bank Report Strong Q1 Results

Bank of Maharashtra's net profit rose 27% to ₹2,020 crore in Q1 FY27, driven by growth in interest income and improved asset quality. Meanwhile, Indian Bank reported a 10% increase in its net profit to ₹3,273 crore for the same quarter, with its share price also rising 10%. These results indicate a positive trend in the banking sector's performance.

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