Kotak Mahindra Bank Limited (KOTAKBANK) — Announcement

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🔄 What Changed
Deposit growth slowed to 11.7% YoY from previous quarters

💡 Investor Takeaway
Deposit growth is stabilizing but funding mix deterioration requires monitoring

⚠️ Risks
CASA balances declined 6.7% QoQ indicating deposit mix pressure

Kotak Mahindra Bank reported provisional June 30, 2026 quarter deposits of [amount not verified]trillion, up 11.7% year-on-year, with net advances rising 15.1% YoY to [amount not verified]trillion. The filing confirms deposit growth stabilization while CASA balances declined slightly quarter-on-quarter, reflecting ongoing deposit mix pressure in a competitive funding environment.

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