The stock was trading 1.7% lower around 11 AM.
Earlier this month, the lender had reported its business update for the second quarter.
Its total deposits increased by 12.1% to ₹3.09 lakh crore in the September quarter from ₹2.76 lakh crore in the previous year.
Its global business grew by 14.2% to ₹5.63 lakh crore from ₹4.93 lakh crore in the second quarter last year.
Bank of Maharashtra’s current account and savings account (CASA) deposits were up 14.55% at ₹1.55 lakh crore in the September quarter from last year’s ₹1.36 lakh crore.
The CASA ratio expanded to 50.35% in the July to September period from 49.29% in the year-ago period.
Bank of Maharashtra’s global advances of ₹2.54 lakh crore increased 16.87% from ₹2.17 lakh crore last year.
Focus will be on Bank of Maharashtra’s asset quality picture and the margin profile, along with the growth in its core income when the lender reports numbers.
Shares of Bank of Maharashtra were trading nearly 1.7% lower at ₹56.59 apiece around 11 AM on Tuesday. The stock has gained 23.8% in the last six months.
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