The company on Saturday announced that its gross advances by the end of the January-March quarter of the financial year 2026 stood at Rs 12.44 lakh crore. This marks an 18.4% year-on-year (YoY) jump from the Rs 10.5 lakh crore advances recorded at the end of the corresponding quarter of the previous financial year. Sequentially, the bank’s advances grew more than 6% quarter-on-quarter (QoQ) from Rs 11.70 lakh crore as on December 31, 2025.
Axis Bank’s total deposits at the end of the quarter under review stood at Rs 13.36 lakh crore, marking a rise of nearly 14% YoY from the Rs 11.73 lakh crore recorded at the end of the same quarter of the previous financial year, and 6% QoQ from Rs 12.61 lakh crore at the end of December quarter.
The private lender’s CASA (Current account and savings account) deposits rose nearly 11% YoY to Rs 5.29 lakh crore, while term deposits grew more than 16% YoY to Rs 8.07 lakh crore at the end of the March quarter of FY26.
Meanwhile, total deposits on a quarterly average balance rose more than 13% YoY to Rs 12.27 lakh crore, while CASA and term deposits grew 10% YoY and 15% YoY to Rs 4.58 lakh crore and Rs 7.68 lakh crore respectively during the fourth quarter of the financial year 2026.
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Axis Bank’s Q4 business update beats estimates
Axis Bank’s Q4 business updates beat Motilal Oswal Financial Services’ estimates. The domestic brokerage had estimated the private lender’s gross advances to grow 15% YoY and 3.5% QoQ, and it expected deposits to rise 12% YoY and 4% QoQ by the end of the March quarter.
“Overall business growth exceeded our estimates, with both advances and deposits reporting stronger performance. Consequently, the CD ratio (on gross advances) stood at 93.1% vs. 92.8% in 3QFY26,” Motilal said.
Axis Bank share price
Axis Bank shares have fallen around 9% in the past one month, as the raging war between Iran and US-Israel spooked investors. The stock is down around 6% in 2026 so far. In the longer term, the shares of the private lender gained around 41% in three years, and nearly 77% in five years.
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