Axis Bank Issues Clarification on CreditAccess Grameen Acquisition Reports

1 min read     Updated on 04 Feb 2026, 10:00 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Axis Bank Limited issued a regulatory clarification under SEBI Regulation 30 regarding media reports about its potential acquisition of CreditAccess Grameen. The bank stated that while it evaluates strategic opportunities in the ordinary course of business, there is no material event requiring disclosure. The clarification was filed on February 4, 2026, in response to a moneycontrol.com article from February 3, 2026, and was communicated to NSE, BSE, London Stock Exchange, and Singapore Stock Exchange.

31768224

*this image is generated using AI for illustrative purposes only.

Axis Bank Limited has issued a regulatory clarification to stock exchanges regarding media reports about its potential acquisition of CreditAccess Grameen. The bank's response comes under SEBI Regulation 30, addressing speculation about the reported transaction.

Regulatory Clarification Details

The bank filed its clarification on February 4, 2026, through Company Secretary Sandeep Poddar. The communication was addressed to both the National Stock Exchange of India Limited and BSE Limited, with copies sent to the London Stock Exchange and Singapore Stock Exchange.

Parameter: Details
Reference Document: AXIS/CO/CS/590/2025-26
Filing Date: February 4, 2026
Regulation: SEBI Regulation 30 (11)
News Article Date: February 3, 2026
Source Publication: moneycontrol.com

Bank's Official Position

Axis Bank categorically stated that it evaluates various strategic opportunities in the ordinary course of business for growth and expansion. However, the bank emphasized that there is no material event or information that requires disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The clarification specifically referenced a news article that appeared on moneycontrol.com on February 3, 2026, with the headline "Axis Bank said to be in the lead to buy out CreditAccess Grameen."

Compliance Commitment

The bank assured stakeholders that it will make appropriate disclosures in compliance with applicable laws as and when required. This statement reinforces the bank's commitment to regulatory transparency while addressing market speculation about the potential acquisition.

Stock Exchange Communication

The formal communication was digitally signed by Company Secretary Sandeep Poddar and distributed to multiple exchanges where Axis Bank securities are listed, ensuring comprehensive market coverage of the clarification.

Historical Stock Returns for Axis Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+2.04%-4.68%-7.66%+11.30%+21.18%+72.17%

Axis Bank Q3 FY26: Net Profit Grows 3.0% & Earnings Call Transcript Released

2 min read     Updated on 02 Feb 2026, 10:30 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Axis Bank delivered steady Q3 FY26 performance with net profit growing 3.0% to ₹6,489.57 crores and total income rising 4.3% to ₹38,500.06 crores. The bank maintained strong financial indicators with consolidated net profit of ₹7,010.65 crores and has made its earnings call transcript available for stakeholder transparency.

31140334

*this image is generated using AI for illustrative purposes only.

Axis Bank Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating consistent performance across key financial metrics. The bank published these results in leading newspapers including Business Standard, Mint, and Sandesh on January 28, 2026, in compliance with SEBI listing regulations.

Quarterly Financial Performance

The bank's standalone operations showed solid growth in the third quarter of FY26. Net profit after tax increased to ₹6,489.57 crores compared to ₹6,303.77 crores in the same quarter of the previous year, representing a growth of 3.0%. Total income from operations reached ₹38,500.06 crores, up from ₹36,926.14 crores in Q3 FY25, marking a 4.3% year-on-year increase.

Metric: Q3 FY26 Q3 FY25 Growth (%)
Total Income: ₹38,500.06 crores ₹36,926.14 crores +4.3%
Net Profit (After Tax): ₹6,489.57 crores ₹6,303.77 crores +3.0%
Net Profit (Before Tax): ₹8,629.78 crores ₹8,378.22 crores +3.0%
Basic EPS: ₹20.91 ₹20.37 +2.7%
Diluted EPS: ₹20.90 ₹20.25 +3.2%

Nine-Month Performance Summary

For the nine-month period ended December 31, 2025, Axis Bank reported strong cumulative results. The bank achieved a net profit after tax of ₹17,385.35 crores and total income from operations of ₹1,14,416.44 crores. The nine-month basic earnings per share stood at ₹56.05, while diluted earnings per share reached ₹55.73.

Consolidated Results

On a consolidated basis, the bank's performance remained robust with net profit after tax of ₹7,010.65 crores for Q3 FY26, compared to ₹6,742.29 crores in the corresponding quarter of the previous year. Consolidated total income reached ₹40,898.41 crores for the quarter, up from ₹38,959.17 crores in Q3 FY25.

Key Financial Indicators

The bank maintained a stable capital structure with paid-up equity share capital of ₹621.02 crores, based on a face value of ₹2 per share. Net worth stood at ₹1,89,970.87 crores, reflecting the bank's strong financial position. The debt-to-equity ratio remained steady at 1.11, indicating balanced leverage management.

Parameter: Current Value
Net Worth: ₹1,89,970.87 crores
Outstanding Debts: ₹2,17,866.35 crores
Debt-to-Equity Ratio: 1.11
Securities Premium Account: ₹53,965.79 crores
Reserves: ₹1,77,997.47 crores

Earnings Call Transcript Available

Following the announcement of Q3 FY26 results, Axis Bank conducted an earnings call on January 26, 2026, to discuss the quarterly and nine-month financial performance. In compliance with Regulation 30 of the SEBI Listing Regulations, the bank has made the complete transcript of this earnings call available on its official website. Company Secretary Sandeep Poddar communicated this disclosure to both NSE and BSE on February 2, 2026, ensuring transparency and regulatory compliance for stakeholder access to detailed financial discussions.

The financial results were signed by MD & CEO Amitabh Chaudhry and Company Secretary Sandeep Poddar, with detailed quarterly results and earnings call transcript available on the bank's website and stock exchange platforms for comprehensive investor review.

Historical Stock Returns for Axis Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+2.04%-4.68%-7.66%+11.30%+21.18%+72.17%

More News on Axis Bank

1 Year Returns:+21.18%