Compounding refers to the process of growing wealth by earning “interest on interest.” In practical terms, investors contribute a certain amount regularly, and the interest earned is added back to the principal, thereby generating more interest in the subsequent periods.
Bank of Maharashtra Q1 Results: Net profit jumps 23% YoY to Rs 1,593 crore
Bank of Maharashtra announced a net profit of Rs 1593 crore for Q1 June 2025, marking a 23% year-over-year increase. Total income rose by 16%