In a large bowl, mash the bananas. Mix in milk, eggs and butter until smooth. In a separate bowl, combine flour, sugar, baking powder, salt, cinnamon and nutmeg. Stir dry ingredients into banana mixture.

Heat oil in a deep fryer or heavy bottomed pan to 375° F (190° C). Drop batter by spoonfuls into hot oil, and cook, turning once, until browned, 2 to 8 minutes