On a sequential basis, the bank’s average total deposits rose 3.1%.

The bank’s average CASA deposits stood at Rs 2,07,955 crore as of 31 December 2025, registering a 4.9% quarter-on-quarter (QoQ) growth and a 9% YoY increase.

During the quarter, net advances (end-of-period basis) jumped 16% YoY to Rs 4,80,229 crore in Q3 FY26, compared with Rs 4,13,839 crore in Q3 FY25. On a QoQ basis, net advances rose 3.8%.

Total deposits (end-of-period basis) increased 14.6% YoY to Rs 5,42,638 crore in Q3 FY26 from Rs 4,73,497 crore in Q3 FY25, while rising 2.6% 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.

Kotak Mahindra Bank’s standalone net profit slipped 2.70% to Rs 3,253.33 crore in Q2 FY26 as against Rs 3,343.72 crore posted in Q2 FY25. However, total income rose 2.12% year on year (YoY) to Rs 16,238.59 crore in Q2 FY26.

The counter slipped 1.87% to Rs 2,149.95 on the BSE.