Axis Bank shares in focus after Q2 biz update shows 23% rise in gross advances to Rs 13.8 lakh crore

What happened: Axis Bank reported provisional Q2 business figures showing gross advances rose 23% to Rs 13.8 lakh crore, with total deposits up 20.7% year-on-year as of September 30, 2026. Key numbers: Gross advances Rs 13.8 lakh crore, up 23%. Total deposits Rs 14.521 lakh crore, up 20.7% YoY and 5.8% QoQ. CASA deposits Rs 5.296 lakh crore, up 10.6% YoY. Why it matters: The bank said the figures are provisional and subject to limited review by statutory auditors. Separately, Sanjeev Moghe, Group Head of Branch Banking South, resigned effective October 30, 2026.

Axis Bank Q2 gross advances rose 23% to Rs 13.8 lakh crore.

Axis Bank Q2 gross advances rose 23% to Rs 13.8 lakh crore. — impact context not separately stored; see What changed.