Kotak Mahindra Bank posts 19% March quarter net profit ₹3,080cr
Business
Kotak Mahindra Bank just reported a 19% jump in net profit for the March 2026 quarter, hitting ₹3,080 crore, up from ₹2,580 crore last year.
The boost came from higher interest income and a solid rise in other earnings.
Kotak CASA deposits up over 15%
Deposits climbed nearly 15%, with low-cost CASA deposits up over 15%.
Kotak is also making headlines for leading the race to buy Deutsche Bank's retail business in India.
Its shares closed slightly higher at ₹358 on April 2.