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Top Performer in Terms of Loan Growth
February 23 , 2023
642 days
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- The Bank of Maharashtra (BoM) has emerged as the best performer among state-owned lenders in terms of loan growth percentage during the third quarter of 2022–23.
- The lender saw year-over-year growth in gross advances of 21.67%.
- Union Bank of India, which experienced growth of 19.80%, came in second to BoM.
- State Bank of India (SBI) took fourth place with a 16.91% increase in advances.
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