Skip to main content

Axis Bank Share Price in Focus After It Reports Q2 FY27 Financial Update 

Written by: Team Angel OneUpdated on: 6 Oct 2026, 3:57 pm IST
Axis Bank reports gross advances of ₹13,846 billion and total deposits of ₹14,521 billion as of September 30, 2026, showing YoY growth.
Axis Bank Share Price in Focus
Share

On October 5, 2026, Axis Bank released its financial figures for the quarter ending September 30, 2026, as per the exchange filings.  

The bank's gross advances and total deposits have shown growth compared to the previous year and quarter, reflecting a positive trend in its financial performance. 

Key Financial Figures for Q2 FY27 

As of Quarter Ending September 30, 2026, Axis Bank reported gross advances of ₹13,846 billion, marking a YoY growth of 22.7% and a QoQ increase of 8.8%.  

Total deposits stood at ₹14,521 billion, with a YoY growth of 20.7% and a QoQ rise of 5.8%. The bank's CASA end balance was ₹5,296 billion, while term deposits were ₹9,225 billion. 

Quarterly Average Balances 

The quarterly average balance for total deposits was ₹13,964 billion, showing a YoY growth of 22.5% and a QoQ increase of 7.0%.  

CASA's quarterly average balance was ₹4,943 billion, and term deposits were ₹9,021 billion, reflecting a YoY growth of 27.8% and a QoQ rise of 9.6%. 

Impact of FCNR (B) Deposits 

Axis Bank mobilised FCNR (B) deposits aggregating USD 10.62 billion (₹1,018 billion) as of September 30, 2026. A portion of these deposits was used to reduce non-retail term deposits, which declined by 8.6% QoQ.  

Loans extended by the bank’s international branches amounted to USD 4.57 billion (₹438 billion). 

Read More: Bharat Forge Share Price in Focus; Enters Long-Term Contract with Pratt & Whitney Canada! 

Excluding Loans and Impact 

Excluding loans against FCNR (B) deposits, gross advances would have grown by 18.8% YoY and 5.3% QoQ.  

Total deposits would have grown by 17.0% YoY and 2.6% QoQ, with term deposits growing by 21.3% YoY and 3.2% QoQ. 

Axis Bank Share Price Performance 

As of October 06, 2026, at 10:16 AM, Axis Bank share price on NSE was trading at ₹1,237.40, up by 1.24% from the previous closing price. 

Conclusion 

Axis Bank's financial data for September 2026 indicates a growth in gross advances and total deposits, with figures reaching ₹13,846 billion and ₹14,521 billion, respectively. The bank's strategic use of FCNR (B) deposits has influenced these results. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 6, 2026, 10:27 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy ₹0 Account Opening Charges

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store