Yes Bank Ltd.'s gross advances rose 14.8% on a yearly basis to Rs 2.29 lakh crore in the April–June quarter, according to provisional quarterly business updates filed with stock exchanges on Tuesday.
The bank reported an advance of 20.8% in deposits at Rs 2.64 lakh crore in the first quarter, as compared to Rs 2.19 lakh crore in the same period last year.
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CASA ratio—the proportion of deposits that come from low-cost current and savings accounts—dipped marginally from 30.9% to 30.7% sequentially. A higher CASA ratio indicates a lower cost of funds, since lenders do not usually give any interest on current account deposits and the interest on saving accounts is low.
Shares of Yes Bank closed 0.83% lower at Rs 23.86 apiece, ahead of the announcement, as compared to a flat BSE Sensex.
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