Yes Bank share price slides after Q4 business update. Do you own?
Yes Bank share price slipped over 4% in trade on Friday, April 4, following the March quarter (Q4) business update for the recently concluded financial year 2024-25 (FY25). The private lender’s stock declined even as the lender reported an increase in major key metrics.
Yes Bank Q4 Business Update
Yes Bank, in an exchange filing last evening, reported an 8.2% YoY increase in loans and advances to ₹236,539 crore from ₹227,799 crore. On a sequential basis, the lender’s loans and advances grew by 0.7%.
Its deposits, including CASA deposits, saw a 6.8% rise to ₹284,488 crore from ₹266,372 crore. While the CASA deposits increased by 18.4% YoY to ₹97,443 crore, the CASA ratio improved to 34.3% from 30.9% on a YoY basis.
The Credit…