AXIS Bank Ltd Reports QoQ and YoY Growth in Q1 FY26

In accordance with SEBI regulations, AXIS Bank Ltd has reported provisional figures for the quarter ended March 31, 2026. The bank has shown a quarter-over-quarter (QoQ) growth of 6.3% and a year-over-year (YoY) growth of 18.4% in gross advances, which stood at ₹ 12,442 billion. Total deposits also saw an increase, with a QoQ growth of 6.0% and a YoY growth of 13.9%, amounting to ₹ 13,358 billion. The bank's Current Account, Savings Account (CASA) balances grew by 7.3% QoQ and 10.6% YoY, reaching ₹ 5,289 billion. Term deposits also saw a significant rise, with a QoQ growth of 5.1% and a YoY growth of 16.1%, amounting to ₹ 8,069 billion. The bank's quarterly average balance for total deposits stood at ₹ 12,265 billion, with a 2.4% QoQ growth and 13.1% YoY growth. The CASA quarterly average balance was ₹ 4,583 billion, with a 2.3% QoQ growth and 10.4% YoY growth. The term deposits quarterly average balance was ₹ 7,682 billion, with a 2.5% QoQ growth and 14.8% YoY growth.