Kotak Mahindra Bank?s average total deposits climb 15% YoY in Q4

On a sequential basis, the bank?s average total deposits increased 2.3% QoQ.

The bank?s average CASA deposits stood at Rs 2,11,898 crore as of 31 March 2026, registering a 12.7% YoY growth and a 1.9% QoQ rise.

During the quarter, net advances (end-of-period basis) rose 16.2% YoY to Rs 4,95,892 crore in Q4 FY26, compared with Rs 4,26,909 crore in Q4 FY25. On a QoQ basis, net advances increased 3.2%.

Total deposits (end-of-period basis) rose 14.7% YoY to Rs 5,72,457 crore in Q4 FY26 from Rs 4,99,055 crore in Q4 FY25, while increasing 5.5% on a QoQ basis.

Kotak Mahindra Bank is the flagship company of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance.

The bank reported a 4.28% jump in standalone net profit to Rs 3,446.14 crore on 4.3% increase in total income to Rs 16,741.05 crore in Q3 FY26 over Q3 FY25.

The counter slipped 1.72% to Rs 352 on the BSE.