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

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%.
Also Check: Bank Stocks
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.
Turn insights into action - Open Free Demat Account with Angel One and start investing instantly.
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
- Adani Energy Solutions Share Price Falls Over 2% After Q2 FY27 Earnings Results: Total Income Up 51% YoY
- Nippon Life India Asset Management Share Price Falls Over 3% After Q2 FY27 Earnings Results: Total Income Up 5.9% YoY
- Wipro Share Price in Focus; Reports Q2 Results, Announces FLARRE.AI Investment
- Havells India Share Price in Focus After Q2 FY27 Earnings Results: Total Income Up 32.5% YoY
- Aurionpro Solutions Share Price in Focus; Partners with Mastercard for Contactless Transit Payments




