sure financial institution share worth: YES Financial institution’s Q3 advances develop 12.6% to Rs 2.45 lakh crore, deposits up 14.6%
Deposits grew by 14.6% on a YoY foundation to Rs 2,77,199 crore from Rs 2,41,831 crore a 12 months in the past. On a QoQ foundation, deposits remained flat, in comparison with Rs 2,77,214 crore on the finish of September 2024.
CASA (Present and Financial savings Account) deposits surged by 27.6% on a YoY foundation to Rs 91,575 crore in December 2024, up from Rs 71,749 crore in December 2023. On a QoQ foundation, CASA deposits rose by 3.4%, up from Rs 88,601 crore in September 2024. The CASA ratio improved to 33%, increased than 32% within the earlier quarter and 29.7% in the identical interval final 12 months.
The financial institution’s Credit score to Deposit Ratio (CDR) was at 88.4% in December 2024, barely beneath the 89.9% recorded in December 2023. Nevertheless, the CDR improved from 84.8% within the earlier quarter. The Liquidity Protection Ratio (LCR) rose to 133.2%, considerably increased than 118.4% in the identical quarter final 12 months and up from 132.0% within the previous quarter.
YES Financial institution shares had been buying and selling 1.6% increased on Friday to Rs 19.92 on BSE after the corporate’s replace.
In October, the non-public lender had reported that its internet revenue for Q2FY25 was up by 10% on a QoQ foundation. The working revenue was reported at Rs 975 crore up 21.7% Y-o-Y and 10.2% Q-o-Q.YES Financial institution’s inventory remained almost unchanged on Thursday, closing at Rs 19.60 on the BSE, in comparison with its earlier shut of Rs 19.63. The financial institution’s market capitalization stood at Rs 61,445 crore. Additionally learn | Nifty 2026 goal set at 26,500: Vintage Inventory Broking lists 4 key themes driving the bull run
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