The bank on Wednesday reported CASA (current account-savings account) deposits at Rs 36,621 crore for the fourth quarter of FY26. This marks a 10% YoY rise from Rs 33,281 crore CASA deposits reported for Q3 FY25, and 11.5% QoQ rise from Rs 32.829 crore in Q2 FY26.
The company’s total deposits meanwhile grew 3.8% YoY to nearly Rs 1.09 lakh crore in the quarter under review, from Rs 1.05 crore in the corresponding quarter of the previous financial year. This also marks a 4.5% rise from the Rs 1.04 lakh crore total deposits reported in the previous quarter (Q2 FY26).
Karnataka Bank’s share of CASA to total deposits improved to 33.65% in the fourth quarter of FY26, from 31.75% in the same quarter of the previous year, and 31.53% in the third quarter of the same financial year.
Its total advances meanwhile grew 6.9% YoY and 7.8% QoQ to Rs 83,337 crore. Notably, these are provisional numbers, and the audited financial statements will be released soon as the earnings season kicks off.
The drop in the share price comes amid overall market weakness, with Sensex declining around 1,500 points and Nifty dropping below 22,250 on Thursday morning, almost wiping out all gains made during the previous day. This came as US President Donald Trump’s latest comments spooked investors about the war between Iran and US escalating further and rattling global markets, along with an impact on the macroeconomic conditions which in turn can affect banks.
Karnataka Bank shares have declined nearly 3% in the past one week, but gained over 8% in the past one month and are up over 6% in 2026 so far. In the longer term, the shares of the lender have surged 22% in one year, around 62% in three years and 238% in five years. The company currently has a market capitalisation of more than Rs 8,300 crore.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)