Axis Bank in Focus: Q2 Advances Surge 22.7%

is likely to remain in focus after reporting strong Q2 FY27 business growth. Gross advances rose 22.7% YoY to ₹13.85 lakh crore as of September 30, 2026, compared with ₹11.28 lakh crore a year earlier. Advances also increased 8.8% QoQ from ₹12.73 lakh crore in June 2026. Total deposits grew 20.7% YoY to ₹14.52 lakh crore, while CASA deposits increased 10.6% to ₹5.30 lakh crore. Term deposits rose 27.3% to ₹9.23 lakh crore. The bank also mobilised $10.62 billion in FCNR(B) deposits under the RBI swap facility, supporting overall balance-sheet expansion. Excluding FCNR-linked loans, underlying advances growth stood at around 18.8% YoY, indicating healthy core credit momentum. Meanwhile, Senior Management Personnel Sanjeev Moghe has resigned to pursue an external opportunity and is expected to be relieved on October 30, 2026. Overall, the Q2 update reflects strong credit and deposit growth, though investors will closely monitor asset quality, margins, deposit mix and the sustainability of growth in the upcoming quarterly results. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. #CapitalInvestoResearch #AxisBank #AxisBankShares #BankingSector #PrivateBanks #Q2FY27 #BusinessUpdate #BankingStocks #StocksInFocus #StockMarket #NSE #BSE #IndianStockMarket #MarketNews #Investing #EquityMarket