Whole deposits stood at ₹2,84,488 crore, marking a 6.8% yr-on-yr rise and a 2.6% sequential development. The financial institution’s CASA deposits elevated by 18.4% yr-on-yr to ₹97,443 crore, with the CASA ratio bettering to 34.3% from 30.9% a yr in the past and 33.1% within the earlier quarter.
The credit-to-deposit ratio stood at 86.7%, in contrast to 85.5% in March 2024 and 88.3% in December 2024. The Liquidity Protection Ratio (LCR) was at 125.0%, up from 116.1% yr-on-yr however decrease than 133.2% within the earlier quarter.
Additionally Learn: YES Financial institution revises FD rates of interest for deposits underneath ₹3 crore
YES Financial institution posted a web revenue of ₹612.3 crore for the interval, considerably exceeding the CNBC-TV18 ballot estimate of ₹538.9 crore. It marks a considerable yr-on-yr improve in profitability, with the personal sector lender’s web revenue up by over 165% in contrast to ₹231.5 crore in the identical quarter final yr.
The financial institution’s Internet Curiosity Earnings (NII) got here in at ₹2,223.5 crore, a ten.2% development in contrast to ₹2,016.9 crore in Q3 FY2024. Nevertheless, this was barely beneath the road’s expectations, with the CNBC-TV18 ballot predicting NII at ₹2,258 crore. Regardless of the slight miss on NII, YES Financial institution reported secure asset high quality metrics, with Gross NPA remaining regular at 1.6% and Internet NPA at 0.5%, each unchanged in contrast to the earlier quarter.
Sure Bank’s gross and web NPAs confirmed minor quarterly will increase with the Gross NPA rising marginally to ₹3,963.47 crore, in contrast to ₹3,889.4 crore in Q2 FY2025. The Internet NPA stood at ₹1,142.6 crore, a slight lower from ₹1,168 crore within the earlier quarter. The financial institution maintained its Gross NPA ratio at 1.6% and Internet NPA ratio at 0.5%.
Additionally Learn: Sure Financial institution returns to F&O phase after 4 years; Right here is how the inventory has completed in 2024
Shares of YES Financial institution Ltd ended at ₹17.95, up by ₹0.55, or 3.16%, on the BSE.
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