Bank of Maharashtra (BoM) announced a 45% jump in its net profit to Rs 1,218 crore for the March quarter. The rise in profit can be attributed to a decline in bad loans and an increase in interest income. In the year-ago period, the bank had earned a net profit of Rs 840 crore. BoM, based in Pune, is a state-owned lender. For more information, you can read the full article [here](https://economictimes.indiatimes.com/markets/stocks/earnings/bank-of-maharashtra-q4-results-profit-surges-45-yoy-to-rs-1218-crore/articleshow/109620661.cms).