Karnataka Bank Q4: CASA up 10%; deposits, advances rise

Total deposits grew 3.8% from a year earlier and 4.5% quarter-on-quarter to ₹1.08 lakh crore, while gross advances increased 6.9% YoY and 7.8% QoQ ...

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Karnataka Bank Ltd reported positive growth across key business metrics in its fourth-quarter update on Wednesday, April 1.

Total deposits grew 3.8% from a year earlier and 4.5% quarter-on-quarter to ₹1.08 lakh crore, while gross advances increased 6.9% YoY and 7.8% QoQ to ₹83,337 crore.

Current Accounts Savings Accounts (CASA) deposits rose 10% year-on-year and 11.5% sequentially to ₹36,621 crore. The CASA ratio improved by 190 basis points YoY and 212 basis points QoQ to 33.65%.

The bank's shares

closed 3.23% up for the day at ₹230.17 apiece on the NSE.

The follows Q3 FY26 update that came in February, when the bank reported a 3% QoQ rise in aggregate business to ₹1.81 lakh crore and a marginal improvement in gross NPAs to 3.32%.

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