Mumbai, January 5, 2026: Kotak Mahindra Bank Ltd (NSE: KOTAKBANK) reported steady balance-sheet expansion for the quarter ended December 31, 2025, with strong growth across advances and deposits, reflecting sustained credit demand and stable liability accretion during Q3 FY26.
Advances Maintain Strong Traction
The bank’s net advances (end of period) rose to ₹4,80,229 crore, marking a 16.0% year-on-year growth and a 3.8% sequential increase. On an average basis, advances stood at ₹4,65,879 crore, up 16.2% YoY and 4.0% QoQ, indicating consistent loan book expansion through the quarter.Advances Snapshot (₹ crore)
| Particulars | 31-Dec-25 | 30-Sep-25 | 31-Dec-24 | YoY | QoQ |
|---|---|---|---|---|---|
| Net Advances – EOP | 4,80,229 | 4,62,688 | 4,13,839 | 16.0% | 3.8% |
| Net Advances – Average | 4,65,879 | 4,47,809 | 4,00,913 | 16.2% | 4.0% |
Deposits Growth Remains Healthy
Total deposits (end of period) increased to ₹5,42,638 crore, registering a 14.6% YoY growth and 2.6% QoQ rise. Average deposits stood at ₹5,26,025 crore, up 14.7% YoY and 3.1% sequentially, underscoring stable funding conditions.Deposits Snapshot (₹ crore)
| Particulars | 31-Dec-25 | 30-Sep-25 | 31-Dec-24 | YoY | QoQ |
|---|---|---|---|---|---|
| Total Deposits – EOP | 5,42,638 | 5,28,776 | 4,73,497 | 14.6% | 2.6% |
| Total Deposits – Average | 5,26,025 | 5,10,138 | 4,58,614 | 14.7% | 3.1% |
CASA Balances Show Stability
The CASA balance (end of period) came in at ₹2,24,199 crore, reflecting an 11.9% year-on-year increase, while remaining largely flat sequentially with 0.2% QoQ growth. Average CASA rose 9.0% YoY to ₹2,07,955 crore, supported by a 4.9% sequential uptick, indicating steady granular deposit traction.CASA Snapshot (₹ crore)
| Particulars | 31-Dec-25 | 30-Sep-25 | 31-Dec-24 | YoY | QoQ |
|---|---|---|---|---|---|
| CASA – EOP | 2,24,199 | 2,23,791 | 2,00,412 | 11.9% | 0.2% |
| CASA – Average | 2,07,955 | 1,98,250 | 1,90,871 | 9.0% | 4.9% |
About Kotak Mahindra Bank
Kotak Mahindra Bank Ltd is a leading private sector bank in India, offering a wide range of banking and financial services across retail banking, corporate banking, treasury operations, and wealth management. The bank is listed on both the NSE and BSE and operates through an extensive network across the country.Source:
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