Kotak Mahindra Bank has reported a robust performance for the quarter ended September 30, 2025, showcasing strong growth across key banking metrics. According to the provisional figures, net advances and deposits witnessed significant year-on-year (YoY) and quarter-on-quarter (QoQ) increases, reflecting the bank’s stable credit and deposit expansion.
Net Advances Growth
The bank’s net advances reached ₹4,62,552 crores at the end of September 2025, up 15.8% compared to ₹3,99,522 crores in the same period last year. On a quarterly basis, net advances grew 4% from ₹4,44,823 crores at the end of June 2025. The average net advances for the quarter stood at ₹4,47,809 crores, marking a 14.6% increase YoY and 4% QoQ.
CASA Deposits Performance
CASA balances also saw healthy growth. The period-end CASA was ₹2,23,791 crores, up 11.2% YoY from ₹2,01,275 crores, and a 6.7% increase from ₹2,09,645 crores in the previous quarter. On an average basis, CASA for Q2 was ₹1,98,250 crores, reflecting a 6.2% rise from last year and 3.3% from the previous quarter.
Total Deposits Expansion
Kotak Mahindra Bank’s total deposits rose to ₹5,28,776 crores at the end of September, up 14.6% from ₹4,61,454 crores a year ago, and a 3.1% increase from June 2025. The average total deposits during the quarter were ₹5,10,138 crores, growing 14.4% YoY and 3.7% QoQ.
