YES Bank's Q4 Deposits Up 55%; Loans And Advances Up 0.8%

Yes Bank announced that its loans and advances increased by 0.8% year over year to Rs 1,72,850 crore and a 1.8% growth in quarter on quarter (QoQ) basis from Rs 169,721 at the end of March 2021.

On a yearly basis, the bank's deposits increased by 54.7 percent to 162,947 crore from 105,364 crore. Deposits were up 11.4 percent on a quarterly basis from 146,233 crore in December 2020.

As of March 31, 2021, the Liquidity Coverage Ratio (LCR) was 122.7 percent, up from 120 percent as of December 31, 2020. CASA increased by 51.8 percent year over year to 42,587 crore, up from 28,063 crore in the previous quarter and up 12.2 percent from 37,973 crore in the previous quarter.

The gross retail disbursements during the March quarter were Rs 7,828 crore, up 154.3 percent from Rs 3,078 crore the previous quarter.

At the end of FY21, the credit-to-deposit ratio was 106.1 percent, down from 162.7 percent the previous year.

"The figures are subject to approval by the audit committee of the board of directors, the board of directors, and audit by the bank's statutory auditors," the lender said.

The figures were disclosed in accordance with the SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulation and Code of Practices and Procedures for fair disclosure of unpublished price sensitive information.

Yes Bank's stock was trading at Rs 15.55 per share on the NSE at 3.02 p.m., down 1.96%.It touched an intra-day low of Rs 15.20 during the trade.