State-run Bank of Maharashtra has reported a 35% on-year jump in March quarter net profit at Rs 2,014 crore, driven by strong growth in net interest income, advances, and overall business coupled with better asset quality. For the full year, the bank reported its highest-ever profit at Rs 7,019 crore compared to Rs 5,520 crore in the previous year. The Pune-based based bank said its net interest income rose 19% to Rs 3,702.5 crore, helped by steady growth in core income and a visible improvement in asset quality along with a sharp drop in provisions. On the business front, total deposits grew 14.14% on-year to Rs 3.50 trillion, while gross advances rose 21.74% to Rs 2.91 trillion, while net advances increased 22.03% to Rs 2.88 trillion.