How does the 15.1% YoY loan growth compare to peers?

It is healthy for a large private bank. The growth includes the Deutsche Bank retail loan book of about ₹29,000 cr acquired in June, which may have boosted sequential numbers.

Why did CASA decline sequentially?

The bank did not provide a reason in the filing. The decline may reflect seasonal factors or a shift to term deposits, which is common when depositors seek higher rates.

Are these numbers audited?

No. The bank said the figures are provisional and subject to limited review by statutory auditors. They are not final earnings.

When will the full quarterly results be announced?

The filing did not specify a date, but typically within four to six weeks of the quarter end, around mid-July 2026.

Banks · Mega cap

Kotak Mahindra Bank net advances at ₹5,12,171 cr, CASA slips 6.7% QoQ

CASA decline flags potential margin pressure despite 15.1% YoY loan growth, partly boosted by the Deutsche Bank acquisition.

— 1 earlier story on Kotak Mahindra Bank Ltd. →

KOTAKBANK By Tipsheet Editorial 4 Jul 2026 · 4:02 PM IST Verify on BSE · NSE

Mkt cap₹4.07 lakh cr

P/E21.09×

ROE15.28%

Debt / eq.0.62

Div yld0.16%

₹5,12,171 cr Net advances as on June 30, 2026

What's new

Net advances rose 15.1% YoY and 3.2% QoQ to ₹5,12,171 cr.
Total deposits grew 11.7% YoY to ₹5,72,822 cr.
CASA balances fell 6.7% from March to ₹2,31,019 cr.

Why this matters

The update shows solid loan growth partly boosted by the Deutsche Bank acquisition. But the sequential CASA decline is a flag: it could lift Kotak's cost of funds if the trend continues. The next test: whether the CASA dip is seasonal or structural.

What we're watching

Whether CASA recovers in coming quarters or signals a structural shift.
Full impact of Deutsche Bank acquisition on loan yields and cost ratios.
Any update on credit cost guidance in full results.

The full read

Decent loan growth, but CASA slipped. Kotak's provisional net advances hit ₹5,12,171 cr, up 15.1% YoY and 3.2% QoQ. Deposits at ₹5,72,822 cr grew 11.7% from a year earlier, yet low-cost CASA deposits fell 6.7% from March to ₹2,31,019 cr. That sequential decline is the key number: it reverses a trend of stable CASA ratios and, if sustained, could push up Kotak's cost of funds. The loan growth partly reflects the recent Deutsche Bank unit acquisition, which added about ₹29,000 cr of loans. The full picture — margin, credit cost, integration expense — will emerge in the quarterly results. For now, the update is routine and within expectations.

Questions answered

How does the 15.1% YoY loan growth compare to peers?: It is healthy for a large private bank. The growth includes the Deutsche Bank retail loan book of about ₹29,000 cr acquired in June, which may have boosted sequential numbers.
Why did CASA decline sequentially?: The bank did not provide a reason in the filing. The decline may reflect seasonal factors or a shift to term deposits, which is common when depositors seek higher rates.
Are these numbers audited?: No. The bank said the figures are provisional and subject to limited review by statutory auditors. They are not final earnings.
When will the full quarterly results be announced?: The filing did not specify a date, but typically within four to six weeks of the quarter end, around mid-July 2026.

Mentioned: Kotak Mahindra Bank · ₹5,12,171 cr · ₹5,72,822 cr

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Kotak Mahindra Bank Ltd.

Banks

₹3.95 L cr

P/E 20.46×

Latest quarter · Mar 2026

Net profit₹5,423 cr

Net margin+30.3%

EPS₹5.45

Returns & growth

Return on equity+15.3%

Sales CAGR+14.4%

EPS CAGR+17.6%

Story so far

All notes on KOTAKBANK →

4 Jul 2026 · 4:02 PM IST Kotak Mahindra Bank net advances at ₹5,12,171 cr, CASA slips 6.7% QoQ
6d ago Kotak Mahindra Bank buys Deutsche Bank's India retail for ₹281.7 cr