NEWS
Yes Bank’s loan growth stronger than deposits in Q2
Yes Bank’s loan book rises 23.8% YoY to Rs 3.10 lakh crore in Q2; deposits at Rs 3.54 lakh crore, up 19.5%.
Yes Bank’s loan book rises 23.8% YoY to Rs 3.10 lakh crore in Q2; deposits at Rs 3.54 lakh crore, up 19.5%.
Private lender Yes Bank posted a 23.8% year-on-year rise in its loan book to Rs 3.10 lakh crore in the July-September quarter.
Deposits grew 19.5% to Rs 3.54 lakh crore as of 30 September, according to provisional business update figures released by the bank.
Current Account Savings Account (CASA) deposits ratio narrowed to 30% from 33.7% in the same quarter last year. CASA rose 6.6% to Rs 1.06 lakh crore as on 30 September.
The lender’s credit-to-deposit ratio rose to 87.5% from 84.5% a year ago.
The average quarterly liquidity coverage ratio (LCR) on a consolidated basis stood at 131.4%, compared with 125.1% in the same quarter last year.
