Kotak Mahindra Bank Reports Strong FY26 Performance: Advances and CASA See Double-Digit Growth

Kotak Mahindra Bank Limited (NSE: KOTAKBANK; BSE: 500247) has released its provisional business update for the quarter and financial year ended March 31, 2026. The bank demonstrated robust credit growth and a significant surge in its low-cost deposit base, maintaining its position as one of India's most efficient private sector lenders.

Credit Momentum: Net Advances Reach ₹4.95 Lakh Crore

The bank's loan book saw consistent expansion throughout the year:

Net Advances (End of Period): Stood at ₹4,95,892 crore, marking a strong 16.2% Year-on-Year (YoY) growth compared to ₹4,26,909 crore in March 2025.

Sequential Growth: On a quarter-on-quarter (QoQ) basis, advances grew by 3.2%.

Average Advances: The average net advances for the period also reflected a 16.2% YoY increase, reaching ₹4,81,769 crore.

Deposit Profile and CASA Surge

Kotak Mahindra Bank continues to benefit from a high-quality liability franchise, with a notable jump in Current Account Savings Account (CASA) balances during the final quarter.

Total Deposits (EOP): Grew by 14.7% YoY to reach ₹5,72,457 crore.

CASA (EOP): Recorded at ₹2,47,724 crore, a 15.5% YoY increase. Most impressively, CASA balances surged by 10.5% sequentially (QoQ) from December 2025, indicating strong customer acquisition and retention in the last quarter.

Average CASA: For the year, average CASA stood at ₹2,11,898 crore, up 12.7% YoY.

The reported figures are provisional and remain subject to statutory audit by the bank's auditors.

Source : Equity Bulls

Keywords

KotakMahindraBank Q4FY26 FY2026 BusinessUpdates