Axis Bank reported strong balance sheet growth for the third quarter of FY26, posting 14.1% year-on-year (YoY) growth in gross advances and 15.0% YoY growth in total deposits, according to its latest regulatory filing.
As of December 31, 2025, the bank’s gross advances stood at ₹11,705 billion, reflecting a 3.7% quarter-on-quarter (QoQ) increase in addition to the double-digit annual growth. The steady rise in advances indicates continued credit demand across segments during the quarter.
On the liabilities side, total deposits increased to ₹12,608 billion, registering 4.8% QoQ growth. The bank reported healthy traction across both retail and term deposit categories.
CASA (Current Account and Savings Account) deposits rose 13.9% YoY to ₹4,931 billion, underlining stable growth in low-cost deposits. Meanwhile, term deposits witnessed stronger momentum, growing 15.8% YoY to ₹7,677 billion, supported by higher mobilisation amid competitive deposit rates in the banking system.
Axis Bank also reported that its quarterly average deposits increased by 12.3% YoY to ₹11,974 billion, reflecting consistent deposit accretion throughout the quarter rather than one-time inflows.
The bank’s Q3 FY26 performance highlights sustained growth in both lending and deposit franchises, even as the broader banking sector navigates evolving liquidity conditions and competitive pressures.
Axis Bank stated that the figures are part of its regular regulatory disclosures and that detailed financial performance will be provided in its quarterly earnings announcement.
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