BANKS

Yes Bank’s Q3 report card

Yes Bank’s loan book up 1.3% in Dec quarter to Rs 1,69,050 cr; gross retail disbursements also up.

Yes Bank, which is working on a turnaround strategy, has seen its total loans grow 1.3% in the December quarter to Rs 1,69,050 crore from Rs 1,66,923 crore a quarter ago.


Gross retail disbursements in the quarter stood at Rs 7,563 crore, up 109% compared with Rs 3,764 crore in the September quarter, Yes Bank said in a quarterly update to exchanges.

Deposits, over a quarter-on-quarter basis, grew 7.7% to Rs 1,46,233 crore from Rs 1,35,815 crore in the year-ago quarter.

Credit to deposit ratio in the December quarter stood at 115.6% as against 122.9% in the previous quarter. Liquidity coverage ratio stood at 115.5% compared with 107.3% in the previous quarter.

Certificate of deposits (CDs) rose 1.9% to Rs 7,395 crore from Rs 7,259 crore in the preceding quarter.

Cheaper CASA (current, savings account) deposits grew 12.6% to Rs 37,973 crore from Rs 33713 crore over the quarter.

The proportion of total CASA deposits to total deposits grew to 27.4% in the December quarter from Rs 26.2% in the preceding quarter.

In March, Yes Bank was rescued by a clutch of financial institutions led by the State Bank of India. The reconstruction scheme was formulated by the Reserve Bank of India in consultation with the government. 

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