YES Bank's Credit, Deposit Growth Steady in March Quarter

YES Bank posted a stable performance in the March quarter, reporting steady year-on-year growth in both its loan book and deposit base, led by retail traction.

YES Bank’s loans and advances rose 8.2% year-on-year to ₹2.47 trillion as of March 31, based on provisional figures released on Thursday. Deposits increased 6.8% over the same period to ₹2.84 trillion.

Current and savings account deposits stood at ₹974.43 billion, an 18.4% rise from a year earlier. The CASA ratio improved to 34.3%, up from 33.1% as of December 31.

The credit-deposit ratio came in at 86.7%, compared with 85.5% a year ago. Liquidity coverage ratio moderated to 125% from 133.2% in the previous quarter, indicating a balanced approach to capital deployment.