Axis Bank advances and deposits grow in double digits | Q4 update

Axis Bank advances and deposits grow in double digits | Q4 update


Axis Bank reported a strong 18.4% year-on-year (YoY) growth in Gross Advances, reaching ₹12.44 lakh crore, compared to ₹10.51 lakh crore in the same period last year, along with a steady 6.3% sequential growth.

The bank’s Total Deposits climbed 13.9% YoY to ₹13,35,800 crore. Axis Bank’s CASA (Current Account Savings Account) deposits, which grew 10.6% YoY and 7.3% quarter-on-quarter (QoQ), ending the fiscal at ₹5,28,900 crore. Term Deposits outpaced CASA in annual growth, rising 16.1% to reach ₹8,06,900 crore.

On a quarterly average basis, total deposits grew by 13.1% YoY, indicating sustained liquidity.

Particulars Mar 31, 2026 Dec 31, 2025 Mar 31, 2025 YoY % QoQ %
Gross Advances 12,44,200 11,70,500 10,51,100 18.40% 6.30%
Total Deposits 13,35,800 12,60,800 11,73,000 13.90% 6.00%
– CASA Balance 5,28,900 4,93,100 4,78,200 10.60% 7.30%
– Term Deposits 8,06,900 7,67,700 6,94,800 16.10% 5.10%

(in rupees/₹)

Axis Bank’s third quarter (October-December) financial results on January 26 showed net profit rising 3% year-on-year (YoY) to ₹6,489.6 crore, better than the CNBC-TV18 poll estimate of ₹6,046 crore. The private sector lender had posted a profit of ₹6,304 crore in the year-ago period.

Net interest income (NII), a key gauge of core lending performance, grew 5% YoY to ₹14,286.4 crore, compared with ₹13,606 crore in the corresponding quarter last year. The figure also beat Street expectations of ₹14,089 crore, signalling resilience in core operations.

Shares of Axis Bank settled at ₹1198.15 on Friday, up nearly half a percent.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *