Kotak Mahindra Bank Posts 16% Advance Growth, Deposits Up 15%

BANKINGFINANCE

Overview

Kotak Mahindra Bank reported a strong third quarter with net advances rising 16.0% year-on-year to ₹4.80 lakh crore and total deposits increasing 14.6% to ₹5.42 lakh crore. CASA deposits also showed a healthy 11.9% annual growth, signalling robust business momentum.

Kotak Mahindra Bank Posts Strong Q3 Growth

Kotak Mahindra Bank Ltd. announced robust third-quarter financial results on Monday, marking significant growth in key banking metrics. The private sector lender reported that net advances escalated by 16.0% year-on-year, reaching ₹4,80,229 crore as of December 31, 2025. This figure represents a substantial leap from ₹4,13,839 crore in the same period last year.

The bank also saw healthy sequential growth, with net advances increasing by 3.8% from the previous quarter. Average net advances for the quarter grew 16.2% year-on-year, underscoring sustained lending activity and market penetration.

Deposit Base Expands Significantly

Customer deposits mirrored this growth trajectory. Total deposits surged 14.6% year-on-year to ₹5,42,638 crore by the end of December 2025, up from ₹4,73,497 crore a year earlier. Sequentially, deposits climbed 2.6%, demonstrating continued customer confidence and strong deposit mobilization efforts.

CASA (Current Account, Savings Account) deposits, a crucial source of low-cost funding, increased by 11.9% year-on-year to ₹2,24,199 crore. While showing only a marginal 0.2% rise over the previous quarter, the substantial annual growth in CASA deposits highlights the bank's ability to attract and retain stable customer funding.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.