Axis Bank reports steady growth in advances and deposits for Q1 FY27
Mumbai, July 6 -- Gross advances stood at Rs 12,72,900 crore as of 30 June 2026, reflecting a 2.3% quarter-on-quarter (QoQ) increase and an 18.8% year-on-year (YoY) growth, indicating sustained credit demand across segments.
Total deposits rose to Rs 13,72,900 crore, up 2.8% QoQ and 18.2% YoY. Within this, CASA deposits declined 1.4% QoQ while increasing 11.4% YoY to Rs 5,21,700 crore. Term deposits rose 5.5% sequentially and 22.8% annually to Rs 8,51,200 crore.
On a quarterly average basis, total deposits stood at Rs 13,04,800 crore, up 6.4% QoQ and 18.1% YoY. Average CASA deposits rose 5.1% QoQ and 13.5% YoY to Rs 4,81,400 crore, while average term deposits increased 7.2% QoQ and 21% YoY to Rs 8,23,400 crore.
Axis Bank is a private s...
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