Axis Bank share price (NSE: AXISBANK) rose about 1.5% on Tuesday, January 6, touching ₹1,304.60 in early trade after the bank released its December-quarter business update.
The stock is now at its highest level since July 2024 and is trading around 2.6% below its all-time high of ₹1,339.
In its regulatory filing, Axis Bank reported a 14.1% year-on-year rise in gross advances to ₹11.71 lakh crore. On a quarterly basis, loans grew 3.7%.
Total deposits increased 15% year-on-year to ₹12.61 lakh crore and rose 4.8% quarter-on-quarter. CASA deposits grew 13.9%, while term deposits rose 15.8% year-on-year.
On an average basis, total deposits for the quarter stood at ₹11.97 lakh crore, showing a 12.3% YoY and 5.1% QoQ increase.
In the previous quarter, Axis Bank’s net profit fell 26% year-on-year to ₹5,090 crore due to a one-time provision linked to discontinued crop loan products, following an RBI advisory.
Despite the profit drop, the bank reported better asset quality, stronger margins, and improving loan and deposit growth.
Net interest income rose 2% year-on-year to ₹13,745 crore. The bank’s net interest margin came in higher than expected at 3.73%.
Asset quality improved, with gross NPAs at 1.46% and net NPAs at 0.44%.
Axis Bank shares have rebounded sharply from their August lows, rising nearly 22%. The stock gained 1.6% so far this month and ended 2025 with a 19.3% annual gain.
Axis Bank’s strong loan and deposit growth, improving asset quality, and stable operating performance have supported its stock, pushing it to an 18-month high despite broader market weakness.
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Published on: Jan 6, 2026, 12:32 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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