Kotak Bank net advances rise 15.1% YoY in Q1FY26

Kotak Bank reported a 15.1% year-on-year increase in net advances to ₹5,12,171 crore for the quarter ended June 30, 2026. Total deposits grew by 11.7% YoY to ₹5,72,822 crore, driven by a 13.6% rise in average deposits to ₹5,58,891 crore. The bank disclosed these figures in a regulatory filing submitted to the exchanges on July 4, 2026.

The bank's Current Account Savings Account (CASA) balance at the end of the period stood at ₹2,31,019 crore, a 10.2% increase from the year-ago period. However, CASA deposits declined by 6.7% on a quarter-on-quarter basis. Average CASA for the quarter rose by 13.0% YoY to ₹2,16,898 crore.

Key Financial Metrics for Q1FY26

The following table details the bank's deposits and advances performance for the quarter ended June 30, 2026, compared to the preceding quarter and the corresponding period of the previous year.

Particulars	30-Jun-26 (₹ Crore)	31-Mar-26 (₹ Crore)	30-Jun-25 (₹ Crore)	YoY%	QOQ%
Net Advances- EOP	5,12,171	4,96,009	4,44,823	15.1%	3.2%
Net Advances- Average	4,94,854	4,81,769	4,30,449	15.0%	2.7%
CASA- EOP	2,31,019	2,47,723	2,09,645	10.2%	-6.7%
CASA-Average	2,16,898	2,11,898	1,91,995	13.0%	2.4%
Total Deposit- EOP	5,72,822	5,72,456	5,12,838	11.7%	0.1%
Total Deposit- Average	5,58,891	5,38,301	4,91,998	13.6%	3.8%

The information provided as on June 30, 2026, is provisional and subject to limited review by the Statutory Auditors of the Bank. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.89%	-3.59%	+0.08%	-12.98%	-10.35%	+10.13%

Kotak Bank has fixed Friday, July 17, 2026, as the record date for determining members eligible to receive the final dividend for the financial year ended March 31, 2026. The dividend, subject to declaration at the Annual General Meeting (AGM), is recommended by the Board of Directors and will be paid to eligible shareholders on or before Friday, August 7, 2026. This timeline ensures shareholders holding shares on the record date will benefit from the payout for FY26.

The Forty-First AGM of Kotak Mahindra Bank Limited is scheduled to be held on Saturday, August 1, 2026, at 10:00 a.m. IST via Video Conferencing. The meeting will be conducted in accordance with applicable laws to transact standard business, including the consideration of financial results for the year ended March 31, 2026.

Key Corporate Event Details

The bank outlined the specific dates relevant to the dividend process and the upcoming shareholder meeting. The record date serves as the cut-off for determining dividend eligibility, while the AGM date marks the formal approval of the accounts and the dividend declaration.

Event	Date
Record Date for Final Dividend	July 17, 2026
Forty-First Annual General Meeting	August 1, 2026
Dividend Payment Deadline	On or before August 7, 2026

Shareholders are advised that the Notice convening the AGM and the Integrated Annual Report 2025-26 will be dispatched or disseminated in due course. These documents will include the standalone and consolidated audited financial statements, the Directors' Report, and the Auditors' Report for the financial year 2025-26.

The intimation regarding the record date and AGM has been made available on the bank's official investor relations section. Kotak Mahindra Bank Limited's Registered Office is located at 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai.