New Delhi, Oct 4 (IANS) Ahead of the second quarter earnings reports (Q2 FY26), private lender HDFC Bank, IDBI Bank and Kotak Mahindra Bank have reported an increase in their net advances based on their provisional estimate.

Disclosing its provisional numbers, Kotak Mahindra Bank said that its net advances rose 15.8 per cent year-on-year (YoY) to Rs 4.62 lakh crore in the July-September quarter. Sequentially, it escalated by 4 per cent to Rs 4.44 lakh crore.

Kotak Bank’s total deposits stood at Rs 5.28 lakh crore during the period, up by 14.6 per cent from Rs 4.61 lakh crore in the year-ago period. In the previous quarter, the bank had reported its total deposits as Rs 5.12, marking a sequential rise of 3.1 per cent for the current quarter.

In an exchange filing, HDFC Bank, the country’

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