YES Bank Q4 Loans increase over 14%

Yes Bank on Wednesday, April 3, released its business update for the fourth quarter, revealing a loan growth of 5% from the previous quarter. The private lender’s loans were up 14.1% from the fourth quarter last year. Its deposits increased 10.1% from the third quarter and rose 22.5% from the previous year.

Its current and saving account (CASA) ratio was at 30.9% in the fourth quarter. In the same quarter last year, it was 30.8%. The CASA ratio was 29.7% in the third quarter of the 2023-24 fiscal year.

YES Bank’s liquidity coverage ratio was 116.1% in the March quarter, 118.4% in the previous quarter and 118.5% in the fourth quarter last year.
Its shares ended 0.82% higher at Rs.24.65 apiece on Tuesday, April 2.