Axis Bank Announces Strong QOQ Growth in Deposits and Advances; Core Operating Profit Up 9%, PAT Up 28% in Q3FY26

Axis Bank has reported a strong YoY deposits and advances growth of 15% and 14% respectively, and a 9% QoQ growth in core operating profit and 28% in PAT for the quarter ended December 31, 2025. The bank's total deposits have grown 15% YoY and 12% QoQ, with term deposits up 16% YoY and 14% QoQ. The bank's SME loans have grown 22% YoY and 6% QoQ, while corporate loans have grown 27% YoY and 7% QoQ. The bank's cost to assets stands at 2.33%, down 15 bps YoY and 5 bps QoQ. The bank's GNPA% stands at 1.40%, down 6 bps QoQ and YOY. Axis Bank has acquired approximately 1 million cards in Q3FY26 and maintains a market share of ~14% on cards in force. The bank has also maintained a leading position in UPI Payer PSP, with a market share of ~39% and the lowest technical declines for 9MFY26.