Axis Bank's loan book grew 22.7% year-on-year to Rs 13.85 lakh crore in the July-September quarter, according to provisional figures released by the lender.

The bank's total deposits stood at Rs 14.52 lakh crore, up 20.7% from a year earlier. 

Current Account Savings Account (CASA) deposits stood at Rs 5.30 lakh crore, up 10.6% YoY. Term deposits rose 27.3% YoY to Rs 9.23 lakh crore.

Axis Bank said it has mobilised FCNR(B) deposits of $10.62 billion (Rs 1.02 lakh crore) under the Reserve Bank of India's swap window. A part of this has been used to reduce non-retail term deposits, which declined 8.6% quarter-on-quarter.

Loans extended by the bank's international branches to customers as a leveraging facility for placing such deposits aggregated $4.57 billion (Rs 43,800 crore).

The lender also said standby letters of credit issued in favour of other banks against loans backed by FCNR(B) deposits aggregated $4.69 billion (Rs 44,900 crore).

The figures on the bank’s Q2 performance are provisional.