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The Economic Times
The Economic Times
Veer Sharma

Axis Bank shares in focus after Q2 biz update shows 23% rise in gross advances to Rs 13.8 lakh crore

Shares of private lender Axis Bank will be in focus on Tuesday after it reported a 22.7% year-on-year (YoY) increase in gross advances to Rs 13.846 lakh crore as of September 30, 2026, from Rs 11.284 lakh crore a year earlier, according to its exchange filing. Gross advances also increased 8.8% from Rs 12.729 lakh crore at the end of June 2026.

Total deposits rose 20.7% year-on-year to Rs 14.521 lakh crore as of September 30, 2026, compared with Rs 12.035 lakh crore a year earlier. On a sequential basis, deposits increased 5.8% from Rs 13.729 lakh crore at the end of June. CASA deposits stood at Rs 5.296 lakh crore at the end of September, marking a 10.6% YoY rise and a 1.5% increase from the previous quarter.

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