Yes Bank’s shares jumped over 2% following the announcement of impressive business updates for Q3 FY24.
The private sector lender reported a 14.6% increase in deposits, reaching Rs 2.77 lakh crore, compared to Rs 2.41 lakh crore in Q3 FY23. Loans and advances saw a robust 12.6% YoY growth, totaling Rs 2.45 lakh crore.
CASA (Current and Savings Accounts) rose by 27.6% YoY, hitting Rs 91,575 crore. Despite flat deposit growth QoQ, the bank’s quarterly performance remained strong, reflecting sustained growth in key metrics.
Yes Bank shares opened at ₹19.62, reaching a high of ₹20.19 and a low of ₹19.60 during the trading session. The stock’s 52-week high is ₹32.85, while the 52-week low stands at ₹19.02.
As of 9:48 AM, Avenue Supermarts shares were trading 2.91% higher at Rs 20.16.
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