Branch2 Intelligence
YES Bank Q1 Update: Advances rise 18% to ₹2.85 lakh crore, deposits grow 14% YoY
Key takeaway
YES Bank Q1 advances +18% to ₹2.85 lakh crore, deposits +14% YoY.
- Step 11st-order: YES Bank reports 18% YoY advance growth and 14% deposit growth, beating market expectations.
- Step 22nd-order: Strong loan growth improves net interest income and fee income, boosting Q1 earnings estimates.
- Step 33rd-order: Improved financials reduce credit risk perception, potentially lowering YES Bank's cost of funds and enabling further lending growth.
Source: CNBC TV18 (Markets)
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