As Yes Bank prepares to unveil its Q3 results for the period ending December 31, 2023, stakeholders eagerly await potential positive shifts in the private sector lender's financial stance. The bank's role in the short term is under scrutiny, with expectations of favorable financial statements that could impact Yes Bank's share price positively.
In the upcoming financial statement, Yes Bank is anticipated to report a substantial increase in loan disbursements for the December quarter, projected at Rs 2,17,662 crore, signifying an 11.9% YoY growth and a 4.1% QoQ expansion, as declared in a filing to stock exchanges.
The bank's deposit rate exhibits a robust growth of 13.2% YoY and 3.2% QoQ, reaching Rs 2,41,831 crore. The CASA Ratio is expected to rise to Rs 71,749 crore, maintaining stability in the total deposit rate. The LCR rate is estimated at 118.4%, showcasing a positive trend from the previous year's 113.3% and potentially reaching 120.9% from the last September quarter.
Stay tuned for the comprehensive Q3 report and its impact on Yes Bank's market dynamics.
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