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The Economic Times
The Economic Times
Kumar Gaurav

Kotak Mahindra Bank’s net advances climb 25% YoY to Rs 5.77 lakh crore; deposits grow 23% in Q2

Kotak Mahindra Bank Kumar Gaurav NSE SEBI

Kotak Mahindra Bank reported a 24.7% year-on-year increase in net advances to Rs 5,77,094 crore as of September 30, 2026, compared with Rs 4,62,688 crore a year earlier. Net advances rose 12.7% from Rs 5,12,249 crore at the end of June 2026, according to the exchange filing submitted by the lender.

Average net advances stood at Rs 5,46,963 crore, up 22.1% year-on-year and 10.5% sequentially.

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