Bank of Maharashtra securities ratings reaffirmed by CARE

Bank of Maharashtra has announced that CARE Ratings Ltd. has reaffirmed the credit ratings on several of its securities as of July 3, 2025. The reaffirmed ratings primarily apply to the bank’s Basel III Tier II Bonds and Long Term Infrastructure Bonds. Notably, the ratings for INE457A08035, INE457A08092, INE457A08159, a proposed Basel III compliant bond, INE457A08167, INE457A08175 and INE457A08183 all carry a CARE AA+; Stable rating and were reaffirmed. These bonds have rated amounts ranging from INR259.00 Crore to INR7577.00 Crore. Additionally, the rating for INE457A08050 was withdrawn as of the same date. This announcement complies with SEBI's Listing Obligations and Disclosure Requirements.