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[hfe_template id='11223'] [ad_1] Private sector lender Yes Bank on Friday said its loans and advances rose by 12.6% year-on-year (YoY) to Rs 2,45,035 crore as of December 31, 2024, from Rs 2,17,523 crore in the previous corresponding year. Quarter-on-quarter (QoQ), loans grew by 4.2% from Rs 2,35,117 crore on September 30, 2024. Deposits grew by 14.6% on a YoY basis to Rs 2,77,199 crore from Rs 2,41,831 crore a year ago. On a QoQ basis, deposits remained flat, compared to Rs 2,77,214 crore at the end of September 2024. CASA (Current and Savings Account) deposits surged by 27.6% on a YoY basis to Rs 91,575 crore in December 2024, up from Rs 71,749 crore in December 2023. On a QoQ basis, CASA deposits rose by 3.4%, up from Rs 88,601 crore in September 2024. The CASA ratio improved to 33%, higher than 32% in the previous quarter and 29.7% in the same period last year. The bank's Credit to Deposit Ratio (CDR) was at 88.4% in December 2024, slightly below the 89.9% record...

[hfe_template id='11223'] [ad_1] Meanwhile, the interest earned in the reported quarter stood at Rs 7,719.15 crore, higher by 19.8% from Rs 6,443.22 crore reported in the corresponding quarter of the previous financial year. Interests expended during the reported quarter stood at Rs 5,475.11 crore, up from Rs 4,443.6 crore reported by the lender in the year-ago period. This was a 23% YoY growth.The net profit for Q1FY25 was up by 11.2% on a quarter-on-quarter basis versus Rs 452 crore in Q4FY24. The net interest margins (NIMs) for the reported quarter for Q1FY25 were steady on the QoQ basis at 2.4%, a company filing to the stock exchanges said. Net provision costs were lower by 41.2% YoY and 55% on the QoQ basis. The returns on assets (RoA) for Q1FY25 stood at 0.5% versus 0.4% in Q1FY24 and 0.5% in Q4FY24. The deposit accretion remained robust gaining 20.8% YoY. CASA ratio was flat on the QoQ basis at 30.8% despite Q1 seasonality. Net Advances grew at 14.7% YoY aided by ...