Quarterly Updates4 Jul 2026, 04:10 pm
Kotak Mahindra Bank: Deposits Up 11.7%, Advances Up 15.1% for Q1 FY27
AI Summary
Kotak Mahindra Bank has released its provisional business figures for the quarter ended June 30, 2026. Net advances saw a year-on-year increase of 15.1% to ₹5,12,171 Crore, while total deposits grew by 11.7% to ₹5,72,822 Crore. CASA deposits, however, experienced a sequential decline of 6.7% to ₹2,31,019 Crore. The bank noted that these figures are provisional and subject to limited review. This update provides an early operational snapshot ahead of the official quarterly results.
Key Highlights
- Net advances grew 15.1% YoY to ₹5,12,171 Cr.
- Total deposits increased 11.7% YoY to ₹5,72,822 Cr.
- CASA deposits decreased 6.7% QoQ to ₹2,31,019 Cr.
- Figures are provisional and subject to limited review.
- Operational data released ahead of official results.
Price Impact
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