Bank of Mahrashtra net ₹27 crore

Bank of Mahrashtra reported a turnaround in the second quarter, posting a net profit of ₹27 crore against a net loss of ₹1,119 crore in the preceding quarter. A tax write-back of ₹90 crore, against ₹76 crore in the year-ago period, boosted the bank’s bottomline. Its net interest income edged up 4 per cent year-on-year to ₹1,003 crore in the reporting quarter ended September 30, 2018, against ₹963 crore in the year-ago quarter. Our Bureau

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