Yes Bank loans and advances increase 3.6% year-on-year in Q2 FY22

Yes Bank said loans and (interim) advances increased 3.6% to Rs 172,945 crore as of September 30, 2021 from Rs 166,923 crore as of September 30, 2020.

Private bank deposits increased 30.1% yoy and 8.2% qoq to reach Rs 176,672 crore as of September 30, 2021. Certificates of deposit (CD) aggregated at Rs 5,031 crore (in 30.69% year-on-year decrease). CASA stood at Rs 52,029 crore, up 54.3% year-on-year from Rs 33,713 crore posted in the same quarter last year.

The Credit to Deposit ratio stood at 97.9% at September 30, 2021 compared to 100.2% at June 30, 2021 and 122.9% at September 30, 2020. The Liquidity Coverage Ratio (LCR) stood at 113.1 % as of September 30, 2021 compared to 118.4% as of June 30, 2021 and 107.3 as of September 30, 2020.

Yes Bank is a full-service commercial bank offering a full range of technology-driven digital products, services and offerings for businesses, MSMEs and individuals. The bank’s net profit climbed 355.2% to Rs 206.84 crore in the first quarter of FY22, from Rs 45.44 crore posted in the first quarter of FY21. Total income declined by 8.6% YoY (YoY) at Rs 5,581.84 crore in Q1 FY22 compared to Q1 FY21.

Yes Bank shares were trading 1.56% higher at Rs 13.06 on the BSE.

Powered by Capital Market – Live News

(This story was not edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that matter to you and have broader political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these difficult times resulting from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative views and cutting-edge commentary on relevant current issues.
However, we have a demand.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to provide you with more quality content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of providing you with even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital editor

About Joan Ferguson

Check Also

Additional help in Budget for first-time home buyers

This is good news for potential first-time home buyers. In yesterday’s Budget, Housing Minister Dr …

Leave a Reply

Your email address will not be published.