YES Bank Q4 biz update: Loans rise 11%, deposits grow 12% YoY
Image: Economic Times
YES Bank reported a steady performance for the March quarter, with loans and advances increasing to Rs 2.72 lakh crore, reflecting a 6% sequential growth and an 11% year-on-year rise.
Deposits grew at a faster pace, reaching Rs 3.18 lakh crore, marking a 9% quarter-on-quarter and 12% year-on-year increase. The credit-to-deposit (CD) ratio improved to 85.4%, down from 88% in December, indicating better balance sheet stability. CASA deposits rose significantly, increasing by 12.5% QoQ and 14.9% YoY to Rs 1.11 lakh crore, enhancing the CASA ratio to 35.1%.
However, reliance on certificates of deposit surged to Rs 6,831 crore from Rs 990 crore, indicating a shift towards wholesale funding.
The bank maintained comfortable liquidity metrics, with a liquidity coverage ratio of 119%, though slightly down from 123.8% in the prior quarter, signaling a balanced outlook for FY27 despite measured loan growth.
Deposits grew at a faster pace, reaching Rs 3.18 lakh crore, marking a 9% quarter-on-quarter and 12% year-on-year increase. The credit-to-deposit (CD) ratio improved to 85.4%, down from 88% in December, indicating better balance sheet stability. CASA deposits rose significantly, increasing by 12.5% QoQ and 14.9% YoY to Rs 1.11 lakh crore, enhancing the CASA ratio to 35.1%.
However, reliance on certificates of deposit surged to Rs 6,831 crore from Rs 990 crore, indicating a shift towards wholesale funding.
The bank maintained comfortable liquidity metrics, with a liquidity coverage ratio of 119%, though slightly down from 123.8% in the prior quarter, signaling a balanced outlook for FY27 despite measured loan growth.
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