Yes Bank reported an 18.4% year-on-year increase in loans and advances to ₹2.85 lakh crore for the April-June quarter of FY27, up from ₹2.41 lakh crore in the same period last year, according to livemint.com. Sequentially, loans rose 4% from ₹2.73 lakh crore in Q4 FY26. The bank's shares gained 6% in the past month and closed at ₹24.39.
The bank's board has approved a proposal to raise ₹16,000 crore through equity and debt issuances, subject to regulatory approvals, livemint.com reported. CASA deposits rose 14.3% year-on-year, reflecting improved deposit mobilization. The share price decline of 2% in the past week contrasts with the gains seen over the month and year-to-date.
The growth in loans and advances highlights Yes Bank's efforts to expand its lending book amid a competitive private banking sector in India. The planned capital raising aims to support further credit growth and strengthen the bank's balance sheet. Compared to other private sector lenders, Yes Bank's loan growth rate is notable given the broader economic environment and banking sector challenges.
Yes Bank's next key market event will be the share price movement on July 6, when investors will react to the Q1 business update and the board's capital raising proposal, as noted by livemint.com.