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.