Announcing the balance sheet for the first quarter of FY22, YES Bank’s loans and advances slipped on a year-on-year (Y-o-Y) basis and also sequentially, as the bank’s economic and business seem to have been impacted due to Covid-19 pandemic.

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The bank posted loans and advances of Rs 1,63,914 crore, down by 0.4 per cent in Q1 FY22 versus Rs 1,64,510 crore in the same period a year ago. Loans and advances dived by 1.8 per cent from Rs 1,66,893 crore of the preceding quarter.

The bank's gross retail disbursements jumped by multi-folds to Rs 5,099 crore from Rs 424 crore YoY. However, it declined from Rs 7,828 crore on sequential basis. While its deposits soared over 39 per cent at Rs 1,63,295 crore in Q1 FY22 from Rs 1,17,360 crore in the same period a year ago and grew marginally by 0.2 per cent from Rs 1,62,947 crore on a quarter-on-quarter basis.

CASA (Current account and saving account) stood at Rs 44,790 crore in Q1FY22 increasing by 47.7 per cent YoY and 5.2 per cent QoQ. While the certificate of deposits was at Rs 3,827 crore in Q1 FY22 shrank by 57.6 per cent YoY and 44.5 per cent QoQ.

CASA ratio grew marginally by 28.1 per cent in Q1 FY22 from 28 per cent in Q1FY21 and higher from 27.3 per cent in the previous quarter. The credit to deposit ratio came in at 100.4 per cent in Q1 FY22 versus 140.2 per cent in Q1 FY21 and 102.4 per cent in a quarter ago.

YES Bank's liquidity coverage ratio was at 118.4 per cent in Q1 FY22 as against 114.1 per cent in the same period a year ago and 122.3 per cent in the previous quarter. 

These are provisional figures and come ahead of the announcement of financial results for the quarter ended June 2021, the bank said in the filing.

The stock was trading higher by near one per cent to Rs 13.65 per share on the BSE intraday trade today. However, minutes before the market close, it was trading over half a per cent lower to Rs 1348 per share on the BSE as against 0.76 per cent rise in the S&P BSE Sensex.