Kotak Mahindra Bank climbs as Q2 deposits jump 23% YoY to Rs 6.51 lakh crore
Mumbai, Oct. 6 -- Total deposits rose 23.2% YoY and 13.7% QoQ to Rs 6,51,491 crore as of 30 September 2026. Average deposits increased 18.8% YoY and 8.5% QoQ to Rs 6,06,234 crore.
The bank's net advances at the end of September 2026 stood at Rs 5,77,094 crore, registering a 24.7% year-on-year (YoY) and 12.7% quarter-on-quarter (QoQ) growth. Average net advances increased 22.1% YoY and 10.5% QoQ to Rs 5,46,963 crore.
The bank's current account and savings account (CASA) deposits stood at Rs 2,49,105 crore at the end of September, up 11.3% YoY and 7.8% QoQ. Average CASA deposits rose 14.2% YoY and 4.4% QoQ to Rs 2,26,469 crore.
The September-end deposit balance includes FCNR(B) deposits aggregating to $5.78 billion, equivalent to around ...
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