Bank of Maharashtra on Monday reported a strong year-on-year credit growth of 19.61 percent, with total advances rising to Rs 2.73 lakh crore in the October–December quarter.

According to a regulatory filing, the bank’s outstanding credit stood at Rs 2.29 lakh crore at the end of the third quarter of the previous financial year. The total advances during the quarter comprised Rs 1.02 lakh crore of corporate credit, while RAM (retail, agriculture and MSME) advances amounted to Rs 1.71 lakh crore, the lender said.