New Delhi, Delhi
Private sector lender YES Bank has reported a strong business update for the second quarter ended September 30, 2026. The bank’s loans and advances increased 23.8% year-on-year to ₹3,09,675 crore. Compared with the June 2026 quarter, advances also grew by 8.6%.
The bank also recorded strong growth in deposits. Total deposits increased 19.5% year-on-year and 12.3% quarter-on-quarter to ₹3,54,084 crore. During the same period a year earlier, the bank’s total deposits stood at ₹2,96,276 crore.
Current Account and Savings Account (CASA) deposits increased 6.6% year-on-year to ₹1,06,255 crore. However, the overall CASA ratio declined to 30%, compared with 32.7% in the June quarter and 33.7% a year earlier.
The bank’s credit-to-deposit ratio also declined. It fell to 87.5% from 90.4% in the June quarter. This indicates that deposit growth during the period was higher than credit growth.
Certificates of Deposit also increased to ₹11,382 crore, compared with ₹6,604 crore as of June 30, 2026.
The bank’s average quarterly consolidated Liquidity Coverage Ratio (LCR) stood at 131.4%, remaining above the regulatory requirement. After adjusting for certain foreign currency transactions related to the GIFT City branch, normalized advances increased 3.3% quarter-on-quarter, while normalized deposits grew 6.5%.
