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Indian Bank, Karnataka Bank, Tamilnad Mercantile Bank and Karur Vysya Bank stocks are set to remain in focus after the lenders reported fourth‑quarter business update on Wednesday post market hours.
Indian Bank and Tamilnad Mercantile Bank posted double‑digit growth across deposits and advances, Karnataka Bank showed improving deposit quality and healthy credit traction, and Karur Vysya Bank delivered sustained loan and deposit growth despite marginal sequential softness in CASA.
Total deposits grew 12.6 per cent year‑on‑year to Rs 8.3 lakh crore and were up 4.9 per cent sequentially, supported by steady growth in low‑cost deposits, with savings bank deposits rising 10.3 per cent year‑on‑year to Rs 2.68 lakh crore and current account deposits increasing 20 per cent to Rs 0.48 lakh crore.
Domestic CASA stood at 39.86 per cent, broadly stable compared with 40.17 per cent a year earlier and up from 39.08 per cent in the previous quarter. Gross advances rose 13.6 per cent year‑on‑year to Rs 6.68 lakh crore and grew 4.5 per cent quarter‑on‑quarter, while domestic retail, agriculture and MSME (RAM) advances increased 15.7 per cent year‑on‑year to Rs 4.06 lakh crore, reflecting sustained traction in priority segments.
In its fourth-quarter business update, Karnataka Bank saw moderate balance‑sheet growth as of March 31, 2026 (provisional), with CASA deposits rising 10 per cent year‑on‑year to Rs 36,621 crore from Rs 33,281 crore a year earlier, and increasing 11.5 per cent quarter‑on‑quarter from Rs 32,829 crore as of December 31, 2025.
Total deposits grew 3.8 per cent year‑on‑year to Rs 1,08,841 crore and were up 4.5 per cent sequentially, while the share of CASA in total deposits improved to 33.65 per cent, expanding 190 basis points year‑on‑year and 212 basis points over the previous quarter. Gross advances stood at Rs 83,337 crore, registering a 6.9 per cent year‑on‑year increase and a 7.8 per cent quarter‑on‑quarter growth, reflecting steady credit expansion.
In its fourth-quarter business update, Tamilnad Mercantile Bank reported steady growth across key balance‑sheet metrics as of March 31, 2026 (provisional), with total business rising 17.37 per cent year‑on‑year to Rs 1,15,092 crore from Rs 98,055 crore a year earlier, and up 7.09 per cent quarter‑on‑quarter from Rs 1,07,470 crore as of December 31, 2025.
Total advances increased 20.32 per cent year‑on‑year to Rs 53,380 crore and rose 5.16 per cent sequentially, while total deposits grew 14.94 per cent year‑on‑year to Rs 61,712 crore, registering an 8.83 per cent quarter‑on‑quarter increase. CASA deposits showed strong momentum, climbing 22.35 per cent year‑on‑year to Rs 17,365 crore and rising 9.58 per cent over the previous quarter.
In its Q4 business update, Karur Vysya Bank recorded healthy balance‑sheet growth as of March 31, 2026 (provisional), with total business rising 14.92 per cent year‑on‑year to Rs 2,14,409 crore from Rs 1,86,569 crore a year earlier, and inching up 1.31 per cent quarter‑on‑quarter from Rs 2,11,647 crore as of December 31, 2025.
Advances grew 16.87 per cent year‑on‑year to Rs 98,743 crore and increased 1.74 per cent sequentially, while total deposits rose 13.31 per cent year‑on‑year to Rs 1,15,666 crore, posting a 0.93 per cent quarter‑on‑quarter gain.
Deposits excluding certificates of deposit stood at Rs 1,09,868 crore, up 12.33 per cent year‑on‑year and 2.66 per cent sequentially. CASA deposits increased 11.82 per cent year‑on‑year to Rs 31,122 crore, though they edged marginally lower by 0.25 per cent over the previous quarter.
