Deposits stood at ₹2,92,484 crore, up 5.5% YoY from ₹2,77,224 crore, though slightly lower by 1.3% QoQ from ₹2,96,276 crore. Certificate of deposits (CDs) rose marginally to ₹990 crore from ₹987 crore in the previous quarter.
The bank’s CASA (current and savings accounts) reached ₹99,443 crore, reflecting an 8.5% YoY increase, with a CASA ratio including CDs at 34.0%, up from 33.1% a year ago.
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Yes Bank’s credit-to-deposit ratio improved to 88.0% from 84.5% QoQ, compared to 88.3% in December 2024. The liquidity coverage ratio (LCR) stood at 123.8% for the quarter, compared with 125.1% in the previous quarter and 133.2% a year ago.
Second Quarter Results
Yes Bank reported an 18.4% year-on-year rise in net profit for the September quarter. The lender said its net profit rose to ₹655 crore in the second quarter ended September 30. This is higher than the profit of ₹553 crore reported a year earlier.
Net interest income (NII) increased 4.6% year-on-year to ₹2,300 crore from ₹2,200 crore, the bank said in an exchange filing. Yes Bank said its return on assets (RoA) stood at 0.6%, compared with 0.5% in the year-ago quarter, while net interest margin (NIM) remained steady at 2.5%, up 10 basis points year-on-year.
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Non-interest income rose 16.9% year-on-year to ₹1,644 crore, driven by higher fee income from forex, loan processing, and distribution. Operating profit increased 32.9% year-on-year to ₹1,296 crore, while the cost-to-income ratio improved to 67.1% from 73% a year earlier. The bank maintained tight control over expenses, with operating costs rising just 0.6% year-on-year and declining 4.2% sequentially.
On Friday (January 2), shares of YES Bank Ltd ended at ₹22.31, down by ₹0.82, or 3.82%, on the BSE.