ReferIndia News Kotak Mahindra Bank Q3 Update: Net advances rise 16% to ₹4.80 lakh crore, deposits up 15%

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Kotak Mahindra Bank Q3 Update: Net advances rise 16% to ₹4.80 lakh crore, deposits up 15%

Published on: Jan. 5, 2026, 4:35 p.m. | Source: scanx.trade

Kotak Mahindra Bank delivered strong operational performance for Q3 FY26 with net advances growing 16.00% year-on-year to ₹4,80,229 crore and total deposits rising 14.60% to ₹5,42,638 crore. CASA deposits increased 11.90% year-on-year to ₹2,24,199 crore, demonstrating the bank's ability to maintain low-cost funding sources. The sequential growth metrics also remained positive with net advances up 3.80% and total deposits rising 2.60% quarter-on-quarter, indicating sustained business momentum.

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