KOTAKBANKNSEKotak Mahindra Bank Limited· BanksMediumNeutral
Announced Sat, 4 Apr · 17:24 IST

Kotak Mahindra Bank Limited has informed the Exchange about General Updates

Business Updates View source PDF

KOTAKBANK · price

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AI summary

Kotak Mahindra Bank has disclosed its provisional quarterly performance metrics for the quarter ended March 31, 2026. Net advances stood at Rs 4,95,892 crore, marking a strong 16.2% year-on-year growth and 3.2% sequential growth. CASA (current and savings account) deposits reached Rs 2,47,724 crore, up 15.5% YoY with a notable 10.5% quarterly jump. Total deposits grew to Rs 5,72,457 crore, reflecting 14.7% YoY and 5.5% QoO growth. The bank notes that all figures are provisional and subject to audit by statutory auditors. The filing is made under SEBI's Regulation 30 for periodic disclosures.

Likely market impact

The results show healthy business momentum with strong loan book and deposit growth, suggesting continued market share gains. The strong CASA growth is particularly positive as it indicates lower cost of funds and robust liability franchise strength.