Monday, 5 October 2026Updated 14m ago
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Results▲ Bullish for Kotak Mahindra Bank

Kotak Mahindra Bank Q2 advances rise 24.7%; deposits grow 23.2%

3 sources · first seen 16:35 5 Oct · updated 16:49 5 Oct

The brief

Written from 3 reports · check the source before you trade
  • Deposits increased 23.2% year on year to ₹6.51 lakh crore
  • CASA deposits rose 11.3% year on year to ₹2.49 lakh crore
  • Advances grew 24.7% year on year
  • Strong deposit and advance growth supports Kotak Mahindra Bank’s lending outlook

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Kotak Mahindra Bank₹418.35 · 4 todayPrivate banks24 todayCredit growth21 todayBanks68 today

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32 stories this week
  1. 5 OctICICI Bank, SBI, Kotak Bank: Why Motilal Oswal picked these banking stocks; check CAGR, target price and moreBroker call · 1 source
  2. 5 OctKotak Mahindra Bank Primed For Next Leg Of Growth As Street Cheers Anup Saha's ElevationLeadership · 1 source · Analysts see Anup Saha’s elevation as a catalyst for Kotak Mahindra Bank’s next growth phase
  3. 2 OctNew Chiefs Cleared: RBI okays Bagchi, Saha as CEOs of HDFC Bank, Kotak; ends succession uncertaintyLeadership · 1 source
  4. 1 OctRBI clears Anup Kumar Saha as Kotak Mahindra Bank CEO for three years from January 1, 2027Leadership · 17 sources · Saha joined Kotak in January 2026 and currently serves as a whole-time director
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Read the reports

3 reports · earliest 16:35
MoneycontrolKotak Mahindra Bank Q2 update: Advances rise 24.7%, deposits jump 23.2% YoY16:35NDTV ProfitKotak Mahindra Bank Q2 Updates: Deposits Up 23%, $5.78B Mobilised Via RBI's Strategic Swap Window16:49CNBC-TV18Kotak Mahindra Bank Q2 net advances jump 25%, deposits rise 23%16:49