StockWatch
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Private Sector Bank
Quarterly Updates4 Jul 2026, 07:00 pm

AXIS Bank: Provisional Advances Up 18.8% YoY to ₹12,729 Bn

AI Summary

AXIS Bank has released provisional financial updates for the quarter ending June 30, 2026. Gross Advances saw a significant year-on-year growth of 18.8%, reaching ₹12,729 billion. Total Deposits also grew by 18.2% YoY to ₹13,729 billion. CASA deposits showed a YoY growth of 11.4% to ₹5,217 billion, while Term Deposits increased by 22.8% YoY to ₹8,512 billion. Quarterly Average Deposits grew 18.1% YoY to ₹13,048 billion. These figures are provisional and subject to a limited review by statutory auditors.

Key Highlights

  • Gross Advances grew 18.8% YoY to ₹12,729 billion.
  • Total Deposits increased 18.2% YoY to ₹13,729 billion.
  • Term Deposits surged 22.8% YoY to ₹8,512 billion.
  • Provisional figures are subject to auditor review.