INSUBCONTINENT EXCLUSIVE:
released its business update for the quarter ended June 30, 2025 (Q1FY26).According to provisional data disclosed by the bank, total average
deposits for the June quarter stood at Rs 4,91,998 crore, reflecting a 12.9% year-on-year growth compared to Rs 4,35,603 crore in the same
total deposits stood at Rs 5,12,838 crore as of June 30, 2025, compared to Rs 4,99,055 crore as of March 31, 2025, and Rs 4,47,418 crore as
This marks a year-on-year increase of 14.6% and a quarter-on-quarter growth of 2.8%.Kotak Mahindra Bank also reported average CASA (Current
Account and Savings Account) deposits of Rs 1,91,995 crore during the June 2025 quarter, up 4.2% from Rs 1,84,306 crore a year ago and 2.1%
higher than Rs 1,88,039 crore reported in the previous quarter.However, CASA deposits on an end-of-period basis came in at Rs 2,09,645 crore
as of June 30, 2025, slightly lower than Rs 2,14,416 crore in the March quarter, indicating a 2.2% sequential decline
On a year-on-year basis, EOP CASA deposits rose 7.9% from Rs 1,94,222 crore.
Live EventsNet advances of the bank grew to Rs 4,44,731 crore
as of June 30, 2025, compared to Rs 4,26,909 crore as of March 31, 2025, and Rs 3,89,957 crore as of June 30, 2024
This represents a 14% year-on-year growth and a 4.2% rise over the previous quarter.On Monday, Kotak Mahindra Bank shares closed flat at Rs
2,147 on the BSE.Also read: Jane Street probe: Sebi chief Tuhin Kanta Pandey rules out weekly expiry ban, signals tighter derivatives
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