Yes Bank soars on recording 13.5% growth in deposits during first quarter of FY24
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Yes Bank is currently trading at Rs. 17.20, up by 0.38 points or 2.26% from its previous closing of Rs. 16.82 on the BSE.
The scrip opened at Rs. 16.87 and has touched a high and low of Rs. 17.29 and Rs. 16.83 respectively. So far 15535909 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 24.75 on 14-Dec-2022 and a 52 week low of Rs. 12.56 on 06-Jul-2022.
Last one week high and low of the scrip stood at Rs. 17.40 and Rs. 16.20 respectively. The current market cap of the company is Rs. 48683.35 crore.
The Institutions holding in the company stood at 60.89%, while Non-Institutions held 39.10% in the company.
Yes Bank has posted 13.5% growth in deposits at Rs 219,369 crore (provisional) for the first quarter ended June 30, 2023 (Q1FY24) as compared to Rs 193,241 crore in Q1FY23. On a quarterly basis, the deposits were marginally up 0.9% from Rs 217,502 crore as of March 2023.
Loans & Advances stood at Rs 200,308 crore (provisional) as of June 30, 2023, posting a 7.5% rise in year-on-year terms against Rs 186,367 crore as of June 30, 2022. On a quarterly basis, the deposits stood at Rs 200,201 crore as of March 2023.
The Liquidity Coverage Ratio (LCR) stood at 125.6% as of June 30, 2023 versus 123.9% as of March 31, 2023. The CASA was up 8.4% to Rs 64,528 crore as of June 30, 2023 as against Rs 59,544 crore as of June 30, 2022.
Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.
