{"id":289049,"date":"2026-10-06T10:43:23","date_gmt":"2026-10-06T05:13:23","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=289049"},"modified":"2026-10-06T10:43:23","modified_gmt":"2026-10-06T05:13:23","slug":"kotak-axis-indusind-bank-shares-q2-update-sharp-moves","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/kotak-axis-indusind-bank-shares-q2-update-sharp-moves\/","title":{"rendered":"Kotak, Axis and IndusInd Bank Shares Move After the Q2 Update: Advances, Deposits, CASA Ratios and FCNR(B) Effects Compared, How the Stocks Reacted on 6 October and the Key Data Investors Should Know"},"content":{"rendered":"

Q2 update: Kotak advances +24.7%, deposits +23.2%, CASA 38.2%. Axis advances +22.7%, CASA 36.5%. IndusInd advances +11.2%, CASA 28%. Shares up 1% to 4%.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

The Q2 update from Kotak Mahindra Bank, Axis Bank and IndusInd Bank lifted their shares on 6 October by about 1% to 4%, with Kotak leading, because loan and deposit growth was healthy. Kotak’s net advances rose 24.7% to Rs 5,77,094 crore and deposits 23.2% to Rs 6,51,491 crore, Axis’s gross advances rose 22.7% to Rs 13.85 lakh crore and deposits 20.7% to Rs 14.52 lakh crore, and IndusInd’s net advances rose 11.2% to Rs 3.62 lakh crore and deposits 10.1% to Rs 4.29 lakh crore. The catch is deposit quality: CASA ratios fell to 38.2% at Kotak, 36.5% at Axis and 28% at IndusInd, and FCNR(B) loans inflated Axis’s headline growth while IndusInd raised $3.51 billion of FCNR(B) deposits. Investors should watch CASA, the credit-deposit ratio and margins in the Q2 results more than the headline growth.<\/p>\n<\/p><\/div>\n

The Q2 update season for private banks produced sharp moves on Tuesday, 6 October, as Kotak Mahindra Bank, Axis Bank and IndusInd Bank reported provisional September-quarter numbers. Kotak gained as much as about 4%, Axis rose about 1.3% to around Rs 1,237 and IndusInd about 1%, while IDFC First Bank fell about 3%.<\/p>\n

If you are searching for how Kotak Mahindra Bank shares, Axis Bank shares and IndusInd Bank shares compare after the Q2 update, this article covers the Q2 update for each bank, CASA and term deposits mix, the credit-deposit ratio, the FCNR(B) swap effect, the stock reactions, how Motilal Oswal read the data, the RBI policy and the risks. These are provisional business numbers and not financial results, so margins and asset quality come later.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n