Loans and advances as of September 30 stood at Rs 2.11 lakh crore, up nearly 10% on year and 5.2% sequentially. The gross retail disbursements for the quarter was Rs 11,187 crore, compared to Rs 12,094 crore a year ago, and Rs 11,305 crore a quarter ago.
The deposits as of September-end was Rs 2.34 lakh crore, up over 17% on year and 7% sequentially. The current account savings account (CASA) deposits stood at Rs 68,957 crore as of September 30, up from Rs 62,073 crore a year ago, and Rs 64,568 crore a quarter ago.
CASA deposits were 29.4% of the total deposits, excluding certificate of deposits, compared to 31.3% a year ago.
The credit-to-deposit ratio was around 90% as of September end, compared to 96.1% a year ago. The liquidity coverage ratio improved significantly to 116.7% as of September end, from 103.9% a year ago, but was lower than 125.7% a quarter ago.
YES Bank is yet to announce the date for releasing the September quarter earnings. For the June quarter, the lender had reported a 10% YoY growth in net profit to Rs 342 crore, primarily due to a rise in other income, which surged 54%.
Provisions had more than doubled in the quarter to Rs 360 crore, eventhough they had declined sequentially. The lender had also seen an improvement in the asset quality, and investors would want to see if the trend continued in the September quarter.
In trade on Tuesday, shares of YES Bank ended 0.3% down on the National Stock Exchange at Rs 17.20. So far in 2023, the stock has fallen nearly 17%, lagging most of its peers.
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