2026-07-05 00:33:51
Latest Post
Axis Bank Gross Advances Hit ₹12.7 Trillion in Q1 FY27,Term Deposits Lead Inflows
CG Semi commences commercial production at its G1 OSAT facility in Sanand, Gujarat
Oswal Pumps Secures Additional Order for 10,000 Solar Pumps from MSEDCL Worth ₹235.92 Cr
Hon'ble Prime Minister Inaugurates SJVN's 1000 MW Bikaner Solar Power Project
Kotak Mahindra Bank Advances Cross ₹5.1 Trillion in Q1 FY27, Average Deposits Up 13.6% YoY
Stock Report
Kotak Mahindra Bank Advances Cross ₹5.1 Trillion in Q1 FY27, Average Deposits Up 13.6% YoY
Posted On : 2026-07-04 23:23:33( TIMEZONE : IST )
Private sector banking heavyweight Kotak Mahindra Bank Limited has logged a steady 15% year-over-year operational expansion in its credit book for the opening quarter of the 2027 financial year, alongside strong double-digit growth in its average liquidity base.
Loan Book Sustains Double-Digit Traction
Kotak Mahindra Bank maintained a steady lending trajectory across both retail and corporate business segments, keeping pace with broader macroeconomic demand:
- Period-End Net Advances: Standing at ₹5,12,171 crore as of June 30, 2026, the closing loan book marked a 15.1% YoY expansion from the ₹4,44,823 crore recorded in the corresponding June 2025 cycle. Sequentially, period-end advances increased by 3.2% over March 2026's base of ₹4,96,009 crore.
- Average Net Advances: Mirroring this structural momentum, the average credit assets managed through the quarter stood at ₹4,94,854 crore, up 15.0% YoY and 2.7% sequentially.
Liability Matrix and CASA Balance Divergences
The bank's deposit profile highlighted an ongoing consumer migration toward higher-yielding term maturities, causing a temporary sequential contraction in its low-cost checking and savings accounts at the end of the quarter:
Total Deposit Engine: Total average deposits grew 13.6% YoY to reach ₹5,58,891 crore (up 3.8% QoQ). However, the period-end (EOP) deposit accumulation closed essentially flat sequentially at ₹5,72,822 crore (up 0.1% QoQ), indicating a tighter liquidity landscape at the June-end finish line.
CASA Performance: Current Account and Savings Account (CASA) average balances held onto solid annualized gains, rising 13.0% YoY to ₹2,16,898 crore (up 2.4% sequentially).
Period-End CASA Pullback: Conversely, period-end CASA balances faced a sharp seasonal or systemic drawdown, falling 6.7% sequentially to ₹2,31,019 crore from March 2026's high of ₹2,47,723 crore. This contraction trimmed Kotak's closing low-cost deposit ratio for the quarter.
The initial performance figures are provisional and subject to a limited statutory review before the bank tables its comprehensive financial scorecard.
