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.

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

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