HighPositive
Announced Sun, 5 Jul · 08:06 IST

Axis Bank Q1 Update: Gross advances, deposits grow 18% YoY; CASA up 11%

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AI summary

Axis Bank reported gross advances of about Rs 12.73 lakh crore as of 30 June 2026, up 18.8% year-on-year from around Rs 10.72 lakh crore and 2.3% sequentially from Rs 12.44 lakh crore in the March 2026 quarter. The bank also said its CASA deposits grew 11% year-on-year. The steady double-digit growth in both advances and deposits signals continued momentum in the lender's core business ahead of its Q1 earnings.