YES Bank’s April-June Loan And Deposit Growth Remains Muted

YES Bank reported a 5.1% year-on-year rise in gross advances to ₹2.414 trillion as of June 30, while advances fell 2% sequentially. Deposits grew 4.1% on year to ₹2.759 trillion, also declining 3% from the previous quarter, the private sector lender said Thursday.

The bank’s current account savings account (CASA) ratio moderated to 32.7% from 34.3% at the end of March, but was higher than 30.8% a year ago. The credit-deposit ratio rose to 87.5%, compared with 86.5% in March and 86.6% a year ago.

Liquidity coverage ratio improved to 135.7% from 125% in the previous quarter but was marginally lower than 137.8% in the year-ago period.