India's Axis Bank gains as advances, deposits rise
06/10/2026 05:10
BUZZ-India's Axis Bank gains as advances, deposits rise ** Shares of Axis Bank AXBK.NS rise 1.8% to 1,244.10 rupees
** Bank's gross advances as on Sept 30 rose 22.7% Y/Y
** Total deposits as on Sept. 30 grew 20.7% Y/Y
** Bank mobilised FCNR (B) deposits, foreign currency deposits by non-residents, aggregating $10.62 bln as on Sept 30 under RBI's swap facility
** Goldman Sachs says the bank utilised FCNR (B) deposits well during the quarter
** YTD, AXBK down 2% vs 13.6% fall in Nifty 50 index .NSEI
(Reporting by Vijay Malkar)