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

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Axis Bank, the third largest private sector lender in India, reported more than 18% growth each in its advances and deposits during the first quarter of FY27, according to its quarterly business update.
The bank’s gross advances stood at ₹12.73 lakh crore as on 30 June 2026, registering a rise of 18.8% from ₹10.72 lakh crore in June 2025. On a sequential basis, gross advances grew 2.3% from ₹12.44 lakh crore in the quarter ended March 2026.
Total deposits of Axis Bank in Q1FY27 increased 18.2% to ₹13.73 lakh crore from ₹11.62 lakh crore, year-on-year (YoY). Total deposits were up 2.8% from ₹13.36 lakh crore in the March quarter.
The current account and savings account, or CASA deposits grew 11.4% YoY to ₹5.22 lakh crore, but declined 1.4% sequentially.
Term Deposits in the June 2026 quarter stood at ₹8.51 lakh crore, up 22.8% YoY, and up 5.5% QoQ.
Axis Bank share price has risen 7% in one month and has gained 12% in three months. The stock has climbed 6% in six months and has rallied 15% in one year. Axis Bank shares have surged 37% in three years, while they have delivered 79% returns over the past five years.
On Friday, Axis Bank share price ended 1.56% lower at ₹1,342.50 apiece on the BSE.
Ankit Gohel is the Deputy Chief Content Producer at Livemint, specialising in financial markets, macroeconomics, and regulatory developments. With a strong focus on equity markets, primary issuances, and policy-driven market movements, he brings clarity to complex financial developments for investors and market participants. <br><br> With nine years of experience in business and financial journalism, Ankit’s approach is rooted in the belief that market reporting should go beyond headlines — connecting data, policy, and ground realities to deliver actionable insights. His work consistently bridges the gap between institutional analysis and investor understanding. <br><br> Ankit has spent three years at Livemint, where he currently helps drive market coverage, editorial strategy, and high-impact financial stories. Prior to this, he worked with leading business news networks such as CNBC-TV18, ET Now, TickerPlant News Service where he built deep expertise in stock market analysis, macroeconomic trends, primary markets, and coverage of key regulators including the RBI and SEBI. <br><br> Over the years, he has covered market cycles across bull and bear phases, IPO booms, liquidity shocks, and major policy shifts that reshaped investor sentiment. He has interviewed fund managers, corporate leaders, and policymakers, translating their perspectives into sharp, data-backed narratives. Ankit combines speed with accuracy — ensuring timely, credible, and insight-driven financial journalism that empowers both retail and institutional audiences.
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