Axis Bank reports 22.70 percent advances growth: what it means for Axis Bank stock

Published on 10/12/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deposits rose 20.70 percent year over year to INR 14.521 trillion by September 30, 2026. Results for Axis Bank stock are set for October 17, 2026.

Axis Bank reported 22.70 percent year-over-year growth in gross advances to INR 13.846 trillion by September 30, 2026.
Total deposits rose 20.70 percent year over year to INR 14.521 trillion, while CASA deposits increased 10.60 percent.
The bank's board is scheduled to consider September-quarter results on October 17, 2026.
Axis Bank stock was at INR 1,250.80 on the NSE on October 12, 2026, while market capitalization stood at INR 3.9 trillion.

Axis Bank, INE238A01034, Illustration mit AI erstellt.

Axis Bank (INE238A01034) reported 22.70 percent year-over-year growth in gross advances to INR 13.846 trillion by September 30, 2026. ETBFSI reported the update on October 5, 2026, giving investors a clearer operating snapshot ahead of the September-quarter results.

Loan growth outpaced deposits

Total deposits reached INR 14.521 trillion, up 20.70 percent year over year and 5.80 percent from June 2026. CASA deposits, meaning current-account and savings-account deposits, rose 10.60 percent year over year to INR 5.296 trillion, while term deposits increased 27.30 percent to INR 9.225 trillion, according to ETBFSI.

The update also shows the role of foreign-currency funding. Axis Bank mobilized USD 10.62 billion in FCNR(B) deposits by September 30, 2026, while loans linked to those deposits stood at USD 4.57 billion. Excluding those loans, gross-advance growth would have been 18.80 percent year over year rather than 22.70 percent, a distinction that matters when assessing underlying demand.

What does the growth mean for earnings

The next test is the quality of this expansion. ET Now reported that the board is scheduled to consider unaudited results for the quarter and half-year ended September 30, 2026, on October 17, 2026. The June quarter had produced standalone net profit of INR 71.14 billion, up 22.50 percent year over year, according to Upstox. The coming report will show whether the stronger balance-sheet growth translated into continued profit momentum.

Management change adds a second date

Axis Bank also disclosed that Sanjeev Moghe, Group Head of Branch Banking - South, resigned on October 4, 2026, to pursue an external opportunity. FT.com reported that his service will end on October 30, 2026. The disclosure places operating momentum and management continuity on the same investor calendar.

Three dated milestones

On June 30, 2026, Axis Bank reported June-quarter net profit of INR 71.14 billion, up 22.50 percent year over year, according to Upstox. On September 30, 2026, gross advances reached INR 13.846 trillion, up 22.70 percent year over year, according to ETBFSI. On October 5, 2026, the bank disclosed Moghe's resignation and the October 30 cessation date through an exchange announcement carried by FT.com.

Dates for the next test

The board is scheduled to consider September-quarter and half-year results on October 17, 2026, according to NDTV Profit. The second dated item is October 30, 2026, when Moghe is due to leave the bank, according to FT.com.

Axis Bank stock at INR 1,250.80

Axis Bank was at INR 1,250.80 on the NSE on October 12, 2026 at 1:44 p.m. IST. The NSE showed a 52-week range of INR 1,150.30 to INR 1,418.30 and market capitalization of INR 3.9 trillion as of October 9, 2026; the listing is in the NIFTY 50.

Company figures and the next reporting date keep the operating picture tied to concrete milestones rather than a broad banking-sector narrative.

Market context: Market report BSE Sensex.