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

Published on 10/15/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Advances reached INR 13,846 billion by September 30, 2026, up 22.70 percent year over year. October 17 results are next for Axis Bank stock.

Growth, margins and timing

Gross advances reached INR 13,846 billion on September 30, 2026, up 22.70 percent year over year.
Total deposits stood at INR 14,521 billion on September 30, 2026, rising 20.70 percent year over year.
Anand Rathi maintained its rating and set an INR 1,622 target on July 19, 2026.

Axis Bank, INE238A01034, Illustration mit AI erstellt.

Axis Bank (ISIN INE238A01034) reported gross advances of INR 13,846 billion as of September 30, 2026, up 22.70 percent year over year and 8.80 percent from the prior quarter, according to Investing.com. The update points to rapid balance-sheet expansion ahead of the bank's scheduled results review on October 17, 2026.

Deposits expand with advances

Total deposits reached INR 14,521 billion on September 30, 2026, up 20.70 percent year over year and 5.80 percent from the prior quarter. CASA deposits rose 10.60 percent year over year to INR 5,296 billion, while term deposits increased 27.30 percent to INR 9,225 billion, according to CNBC TV18. The funding mix matters because term deposits grew faster than CASA balances during the quarter.

Three dated operating signals

On July 18, 2026, Axis Bank reported first-quarter fiscal 2027 net profit of INR 71.10 billion, up 22.50 percent year over year, while net interest margin fell 16 basis points sequentially to 3.46 percent, according to DSIJ. On July 19, 2026, Anand Rathi maintained its rating and set an INR 1,622 target. On October 5, 2026, the provisional second-quarter update showed advances up 22.70 percent year over year to INR 13,846 billion.

What does the growth mean for margins?

The next test is whether loan expansion converts into stronger profitability. In the first quarter of fiscal 2027, net interest income rose 8.00 percent year over year to INR 146.50 billion, but net interest margin declined to 3.46 percent. Anand Rathi projected return on equity of 15.00 percent for fiscal year 2028 and cited margin normalization as a central part of its valuation case.

Next reporting date

Axis Bank's board is scheduled to consider unaudited standalone and consolidated results for the quarter ended September 30, 2026, on October 17, 2026, according to AlfaFinder. The release should clarify whether the strong advances and deposit figures were accompanied by stable margins and asset quality.

Stock context in Indian rupees

Axis Bank was trading at INR 1,286.90 on the National Stock Exchange of India on October 15, 2026 at 2:35 a.m. ET, based on the latest quoted timestamp converted from UTC. Its market capitalization was INR 4.0 trillion on October 15, 2026, while the 52-week range was INR 1,150.30 to INR 1,418.30.