Gross retail disbursements during the quarter more than doubled to Rs 11,431 crore as compared to Rs 5,006 crore as on June 30, 2021, Yes Bank said in a regulatory filing.
The bank’s deposits grew by 18.3 per cent to Rs 1,93,241 crore as of June 30, 2022, from Rs 1,63,295 crore at the end of June 2021. However, the deposits were 2 per cent lower at Rs 197,192 crore. of 31 March 2022.
With respect to deposits, the daily average deposit balance grew by 4.4 per cent sequentially in Q1FY23 on account of a sequential increase of 9.2 per cent in the daily average. Casa The rest, Yes Bank said.
Among other data points, the bank’s deposit ratio stood at 96.6 per cent at the end of the first quarter of FY23. As of June 30, 2021, it was 100.2 per cent.
The private sector lender said the data provided are provisional and are being released before the official announcement of financial results for the quarter ended June 30, 2022, subject to approval audit Committee Limited review by the board, board of directors and statutory auditors.
Another private sector lender RBL Bank Its total deposits grew 6 per cent year-on-year to Rs 79,217 crore at the end of the first quarter of FY23, said a separate filing.
Gross advances grew 7 per cent to Rs 62,095 crore.
“Retail advances grew 5 per cent year-on-year and 3 per cent sequentially, while wholesale advances grew 22 per cent YoY and 4 per cent sequentially for the quarter ended June 30, 2022. Mixture of retail: wholesale advances It was about 51:49,”
said in a regulatory filing.
It said the bank’s asset quality parameters on the portfolio continue to improve in Q1 FY23 in line with the trend of improvement over the past few quarters.
rbl The bank said the data is provisional and is being released before the official announcement of financial results for Q1FY23.
Yes Bank shares closed at Rs 12.65 per share, down 0.16 per cent BSE While RBL Bank closed at Rs 81.40, down 6.81 per cent.