Kotak Mahindra Bank Shares Jump 2.15% as Q2 FY26 Advances Rise 15.8% YoY, Deposits Up 14.6%

Mumbai, October 6, 2025 – Kotak Mahindra Bank Ltd (NSE: KOTAKBANK, BSE: 500247) reported solid growth in its provisional business update for the quarter ended September 30, 2025, with both advances and deposits showing double-digit year-on-year expansion. The announcement lifted investor sentiment, sending the stock up 2.15% to ₹2,145.60 in afternoon trade.

Established in 1985, Kotak Mahindra Bank Ltd. is one of India’s leading private sector lenders, offering a diversified portfolio that spans retail banking, commercial banking, insurance, and investment services. The stock is part of the NIFTY 50 index and has been listed on the exchanges since December 20, 1995.

Key Financial Highlights

In the September 2025 quarter, the bank registered a robust performance in its finances, posting net advances of ₹4.62 lakh crore due to expansion in both corporate and retail lending. Average advances rose by a healthy 14.6% YoY, reflecting credit demand.

Total deposits stood at ₹5.28 lakh crore, supported by a YoY growth of 14.6% and the CASA base also improved to ₹2.23 lakh crore, an increase of 11.2%. Low-cost deposit growth reflects the bank’s better funding profile and stable liquidity position.

Market Reaction

On October 6, Kotak Mahindra Bank’s stock closed at ₹2,142.70, up 2.01% from the previous closing price of ₹2,100.05, with a total traded volume of 35.9 lakh shares valued at ₹763.47 crore. The share price peaked at ₹2,154.60 and dipped to a trough of ₹2,093.00 during the trading session. Kotak Mahindra Bank is currently trading with a market capitalisation of ₹4.27 lakh crore and a P/E ratio of 22.01. Continuous steady growth in deposits and advances strengthens the bank’s strong franchise and leadership status among private sector banks.

Outlook

The high increment in advances and deposits at Kotak Mahindra Bank is a demonstration of steady credit demand and positive funding flow. Stability is anticipated to be maintained by analysts supported by a strong base of CASA, a strong franchise, and a stable position among the top-ranking banks in the non-governmental sector in India.

REF: https://nsearchives.nseindia.com/corporate/KOTAK_04102025125955_PrebusinessupdateQ2FY26.pdf

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