Karnataka Bank has released its provisional business performance metrics for the quarter ending March 31, 2026. The bank reported steady growth across key segments, including a 10.0% year-on-year increase in CASA deposits and a 6.9% rise in gross advances. These provisional figures reflect the bank’s resilient operational performance as it concludes the financial year, with final audited results expected to be disclosed following statutory review.
Key Growth Metrics
As of March 31, 2026, Karnataka Bank achieved significant milestones in its deposit and loan portfolios. Total deposits reached ₹108,840.95 crore, marking a 3.8% increase compared to the same period last year. Simultaneously, the bank’s gross advances grew to ₹83,336.92 crore, representing a solid 6.9% year-on-year expansion.
Focus on CASA Deposits
A highlight of the provisional report is the improvement in the Current Account Savings Account (CASA) ratio. The bank successfully increased its CASA deposits to ₹36,621.16 crore, a 10.0% growth over the previous year. Consequently, the share of CASA to total deposits improved to 33.65%, reflecting a year-on-year expansion of 190 basis points.
Quarterly Performance Trends
Comparing performance to the preceding quarter (ending December 31, 2025), the bank demonstrated strong sequential momentum. Gross advances grew by 7.8%, while total deposits saw a quarterly rise of 4.5%. The CASA ratio also saw a sequential improvement of 212 basis points, underscoring the bank’s effective deposit mobilization strategies during the final quarter of the financial year.
Source: BSE
