Axis Bank, India's third-largest private sector lender, reported strong top-line growth in its first-quarter FY27 business update, with gross advances and deposits both rising approximately 18% year-on-year.
The bank's loan book expanded to ₹12.73 lakh crore as of June 30, 2026, up from ₹10.72 lakh crore a year earlier, signaling sustained credit demand across its retail and corporate segments.
Notably, the current account and savings account (CASA) ratio improved by 11%, a key metric for funding cost efficiency.
On a sequential basis, advances grew 2.3% from the March quarter, indicating steady momentum heading into the new fiscal year.
The deposit franchise also showed healthy expansion, supporting the bank's liquidity position.
Notably, the current account and savings account (CASA) ratio improved by 11%, a key metric for funding cost efficiency.
This enhancement in deposit mix suggests Axis Bank is successfully attracting lower-cost funds, which can bolster net interest margins in a competitive lending environment.