Bank loan

YES Bank Loan Portfolio Grows 8.8% to Rs 1.81 Trillion in FY22

The loan portfolio of YES Bank, a private sector lender, grew by 8.8% to Rs 1.81 trillion in FY22.

Retail loan disbursements stood at Rs 10,324 crore in the fourth quarter (Q4FY22), compared to Rs 7,530 crore in Q4FY21. Sequentially, retail credit disbursements increased from Rs 9,313 crore in the third quarter ended December 2021 (Q3FY22), bank BSE informed.

Its share was trading slightly lower (0.84%) at 12.99 rupees per share on BSE.

According to data from the Reserve Bank of India, lending by regular commercial banks grew by 8.5% on an annual basis till March 11, 2022, a pace higher than 6.5% a year ago during exercise 21.

The pace of deposit growth was much higher at 21.1% in FY22. .62 trillion rupees a year ago and 1.84 trillion rupees at the end of December 2021.

For the banking system, deposit growth moderated to 8.8% year-on-year as of March 11, 2022, from 12.1% a year ago.

YES Bank’s credit-to-deposit (C/D) ratio rose from 102.4% a year ago to 92% at the end of March 2022, indicating that loans are increasingly funded by deposits than by other liabilities. The C/D ratio was 95.6% as of December 31, 2021.

As for the share of low-cost money – current account and savings account – it fell from 31.8% in March 2022 to 27.3% a year ago and to 31.2% in December 2021.

The outstanding amount of certificates of deposits (CDs), a form of wholesale deposits, fell to Rs 4,264 crore in March 2022, from Rs 6,896 crore in March 2021 and Rs 5,080 crore in December 2021.