Kotak Mahindra Bank has reported its provisional financial figures for the quarter ended March 31, 2026. The bank witnessed steady growth across its key portfolios, with Net Advances reaching ₹4,95,892 crore and Total Deposits climbing to ₹5,72,457 crore. These results highlight a consistent upward trajectory in the bank’s core business metrics as it closes the fiscal year, with double-digit year-on-year growth observed across advances and deposit segments.
Financial Performance Highlights
For the quarter ending March 31, 2026, Kotak Mahindra Bank demonstrated robust expansion in its credit and deposit books. The bank’s Net Advances (EOP) stood at ₹4,95,892 crore, representing a solid 16.2% year-on-year growth. On a sequential basis, this reflects a 3.2% increase over the previous quarter ended December 31, 2025.
Growth in Deposit Base
The bank’s deposit mobilization efforts continued to yield positive results. Total Deposits (EOP) reached ₹5,72,457 crore by the end of the quarter, marking a 14.7% year-on-year rise and a 5.5% quarter-on-quarter improvement. Additionally, the CASA (Current Account Savings Account) segment, a critical indicator of low-cost funding, grew to ₹2,47,724 crore, reflecting a significant 10.5% growth compared to the quarter ended December 31, 2025.
Summary of Key Metrics
The following table summarizes the bank’s key operational figures as of March 31, 2026:
- Net Advances (EOP): ₹4,95,892 crore (16.2% YoY growth)
- Total Deposits (EOP): ₹5,72,457 crore (14.7% YoY growth)
- CASA (EOP): ₹2,47,724 crore (15.5% YoY growth)
These provisional figures, which remain subject to audit by the bank’s Statutory Auditors, indicate a healthy balance sheet position as the institution transitions into the new financial year.
Source: BSE
