 "YES Bank")
Private sector lender Yes Bank has posted a 3.6 per cent growth (year-on-year) in advances at Rs 1,72,945 crore for the quarter ended September, 2021 (Q2FY22). Its advances stood at Rs 1,66,923 crore at end of September 2020 (Q2FY21).
The bank said in a filing with BSE that sequentially, advances rose by 5.7 per cent from Rs 1,63,654 crore at the end of June 2021.
The credit offtake in the Indian banking system has shown improvement during the second quarter in tandem with recovery in economic activity and preparations for the festive season.
The bank's deposits also rose by 30.1 per cent (y-o-y)
