Total deposits stood at ₹14.52 lakh crore, rising 20.7% year-on-year and 5.8% quarter-on-quarter. Current Account Savings Account (CASA) deposits stood at ₹5.30 lakh crore, up 10.6% year-on-year and 1.5% sequentially. Term deposits increased 27.3% year-on-year and 8.4% quarter-on-quarter to ₹9.23 lakh crore.
During the quarter, Axis Bank mobilised FCNR(B) deposits of $10.62 billion (₹1.02 lakh crore) following the swap facility for FCNR(B) deposits introduced by the Reserve Bank of India earlier this year. A portion of these FCNR(B) flows was used to reduce non-retail term deposits, which declined 8.6% quarter-on-quarter.
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Loans extended by the bank’s international branches to customers as a leveraging facility for placing such deposits aggregated $4.57 billion (₹43,800 crore).
Excluding these loans, gross advances would have grown 18.8% year-on-year and 5.3% quarter-on-quarter as of September 30. Total deposits would have grown 17% year-on-year and 2.6% quarter-on-quarter, while term deposits would have grown 21.3% year-on-year and 3.2% quarter-on-quarter.
Axis Bank also said standby letters of credit issued in favour of other banks against loans backed by FCNR(B) deposits aggregated $4.69 billion (₹44,900 crore).
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The bank’s quarterly average total deposits stood at ₹13.96 lakh crore, up 22.5% year-on-year and 7% quarter-on-quarter. Quarterly average CASA stood at ₹4.94 lakh crore, while average term deposits stood at ₹9.02 lakh crore.
Axis Bank said the figures are provisional and its results as of September 30, 2026, will be subject to a limited review by the statutory auditors.
Shares of Axis Bank Ltd ended at ₹1,223.95, up by ₹9.95, or 0.82%, on the BSE.
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First Published: Oct 5, 2026 6:27 PM IST