Kotak Mahindra Bank Ltd Reports 16.2% YoY Increase in Net Advances and 14.7% YoY Rise in Total Deposits as of March 31, 2026

Kotak Mahindra Bank Ltd has reported a growth in Net Advances and Total Deposits for the quarter ended March 31, 2026. Net Advances stood at ₹ 4,95,892 Crore, marking a 16.2% YoY increase and 3.2% QoQ growth. The average net advances also rose by 16.2% YoY and 3.4% QoQ. CASA (Current Account and Savings Account) balances showed a significant increase, with EOP CASA at ₹ 2,47,724 Crore (15.5% YoY and 10.5% QoQ) and average CASA at ₹ 2,11,898 Crore (12.7% YoY and 1.9% QoQ). Total Deposits stood at ₹ 5,72,457 Crore (EOP) and ₹ 5,38,301 Crore (average), reflecting a 14.7% YoY and 5.5% QoQ increase, and 14.9% YoY and 2.3% QoQ growth respectively. This information is provisional and subject to audit by the Bank's Statutory Auditors.