Hot Pursuit     05-Jul-23
Yes Bank gains after deposits rise to Rs 2.19 lakh crore in Q1; advances up 7.5% YoY
Yes Bank rose 1.07% to Rs 17 after the bank reported 13.5% rise in deposits to Rs 219,369 crore as on 30 June 2023 from Rs 193,241 crore as on 30 June 2022.

As compared with 31 March 2023, the bank's deposits are higher by 0.9%.

CASA ratio was at 29.4% as on 30 June 2023 as against 31.6% as on 30 June 2022 and 30.8% as on 31 March 2023.

Loans & Advances for the period ended 30 June 2023 aggregated to Rs 200,308 crore, up 7.5% YoY and up 0.1% QoQ.

Credit to deposit ratio was at 91.3% as on 30 June 2023 as against 96.4% as on 30 June 2022 and 92% as on 31 March 2023.

Liquidity coverage ratio was at 125.6% as on 30 June 2023 as against 116% as on 30 June 2022 and 123.9% as on 31 March 2023.

Yes Bank is a full-service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to retail, MSME as well as corporate clients.

The private lender's standalone net profit slumped 44.91% to Rs 202.43 crore in Q4 FY23 as against Rs 367.46 crore recorded in Q4 FY22. Total income jumped 25.2% year on year (YoY) to Rs 7,298.51 crore in the quarter ended 31 March 2023.

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