Stories
Karnataka Bank's Advances Soar Nearly 25% in Q2, Deposits Up 12%
C
CNBC TV18•01-10-2026, 16:04
Karnataka Bank's Advances Soar Nearly 25% in Q2, Deposits Up 12%
- •Karnataka Bank's gross advances surged by 24.94% year-on-year to ’92,014.58 crore in the quarter ending September 30, 2026.
- •Deposits at Karnataka Bank increased by 11.98% to ’1.15 lakh crore during the same period.
- •Advances grew by ’18,370.43 crore from the previous year and rose 6.24% quarter-on-quarter.
- •CASA deposits saw a significant 14.88% year-on-year increase, reaching ’36,626.38 crore.
- •The share of CASA deposits in total deposits improved to 31.81%, an 80 basis point increase from the previous year.
Key Questions Answered
Karnataka Bank's gross advances grew by 24.94% year-on-year to reach ₹92,014.58 crore for the quarter ended September 30, 2026.
Total deposits rose 11.98% year-on-year to reach ₹1.15 lakh crore, specifically standing at ₹1,15,138.05 crore for the quarter ended September 30, 2026.
CASA deposits increased 14.88% year-on-year to ₹36,626.38 crore, pushing CASA's share of total deposits up by 80 basis points to 31.81% compared to the previous year.
