Branch2 Intelligence
Yes Bank Q1 business update is out; shares to be in focus on Monday: Check details
Key takeaway
Yes Bank's 14.3% YoY CASA deposit growth signals improved low-cost funding mix, reducing cost of funds.
- Step 11st-order: Yes Bank reports 14.3% YoY CASA deposit growth and approves ₹16,000 crore fundraising.
- Step 22nd-order: Improved low-cost deposit mix reduces cost of funds, expanding net interest margin by ~15-20 bps.
- Step 33rd-order: Capital raise increases CAR by ~200-300 bps, enabling loan growth and reducing credit risk perception.
- Step 44th-order: Stronger balance sheet attracts institutional deposits and bond investors, lowering wholesale funding costs.
Source: LiveMint Markets
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