The public sector lender Bank of Maharashtra (BoM) has reported a net profit of Rs100.69 crore in 2015-2016. However, the bank has recorded a net loss of Rs119.84 crore in Jan-Mar 2016 against a net profit of Rs112.72 crore in Jan-Mar 2015 owing to higher provisions on
non-performing assets (NPAs).
Copyright (c) 2016 . Informatics India Ltd., source Indian Business Insight