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Axis Bank Limited ( (IN:AXISBANK) ) has provided an update.
Axis Bank reported provisional key operating figures for the quarter ended 31 March 2026, showing gross advances of ₹12.44 trillion, up 6.3% quarter-on-quarter and 18.4% year-on-year, underscoring continued strong credit growth. Total deposits rose to ₹13.36 trillion, a 6.0% sequential and 13.9% annual increase, with current and savings account (CASA) balances and term deposits both expanding, indicating healthy funding momentum.
Quarterly average deposits climbed 2.4% versus the previous quarter and 13.1% over the year, with balanced growth across CASA and term deposits, which supports the bank’s ability to fund ongoing loan expansion. The bank emphasized that these numbers are provisional and will be subject to statutory audit, signaling that final audited results may include refinements but are unlikely to alter the overall picture of broad-based balance sheet growth.
More about Axis Bank Limited
Axis Bank Limited is a major Indian private-sector bank that offers a full range of retail, corporate and SME banking services, with a strong focus on deposit mobilization and credit growth. It competes with other large private lenders in India’s fast-expanding financial services market, where balance sheet scale and a robust deposit base are key to sustaining lending expansion and profitability.
Average Trading Volume: 407,785
Technical Sentiment Signal: Buy
Current Market Cap: 3723.8B INR
Find detailed analytics on AXISBANK stock on TipRanks’ Stock Analysis page.