Kotak Mahindra Bank rallies after avg total deposits climb 13% YoY in Q1

Average CASA stood at Rs 1,91,995 crore as on 30th June 2025, registering the growth of 4.2% compared with Rs 1,84,306 crore as on 30th June 2024.

Net advances at the end-of-period (EOP) jumped 14% to Rs 4,44,731 crore as on 30th June 2025, compared with Rs 3,89,957 crore as on 30th June 2024.

Total deposits (EOP) increased 14.6% to Rs 5,12,838 crore as on 30th June 2025 compared with Rs 4,47,418 crore as on 30th June 2024.

Kotak Mahindra Bank is the flagship company of the Kotak Group and has diversified operations covering commercial vehicle financing, consumer loans, corporate finance, and asset reconstruction. Through its subsidiaries, the bank is engaged in investment banking, equity broking, securities-based lending, and car finance.

The private lender's standalone net profit declined 7.6% to Rs 4,932.76 crore on 2.6% fall in total income to Rs 27,174.42 crore in Q4 FY25 over Q4 FY24.

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