Kotak Mahindra Bank Ltd reported a robust performance for Q2 FY26

Kotak Mahindra Bank Ltd reported a robust performance for Q2 FY26, with its period-end net advances rising 15.8% year-on-year to ₹4.62 lakh crore and total deposits up 14.6% to ₹5.28 lakh crore as of September 30, 2025. The bank also saw its average CASA balances grow by 11.2% over the previous year. Following the strong business update, the stock closed positively, with investors noting continued credit growth momentum. Additionally, global financial giant Sumitomo Mitsui Banking Corporation (SMBC) sold its entire 1.65% stake in Kotak Mahindra Bank via a ₹6,256 crore block deal, with shares purchased by leading global investors including BlackRock, Goldman Sachs, and the Abu Dhabi Investment Authority. Analysts remain optimistic about the bank’s future growth prospects, with stable fundamentals and a BUY recommendation from brokerages