Yes Bank Share price: The price of the Yes Bank shares has skyrocketed. Yes Bank’s stock increased 5% to reach a 52-week high during last Friday’s trading session. Currently, meanwhile, shares of banks are showing a significant profit rebound.
Yes Bank’s 3.10% Surge on BSE Index Closing at Rs 23.97
Yes Bank gained 3.10 per cent on the BSE index on Friday, closing at Rs 23.97. But the start of this week has not been kind to Yes Bank‘s stock. On Monday, January 8, 2024, shares of Yes Bank were trading at Rs 23.65 a share, down 1.46 percent. Tuesday, January 9, 2023, saw a 1.53% increase in the stock’s price to Rs 24.6.
Yes Bank shares were trading at Rs 14.10 in October 2023. The share price of Yes Bank had climbed by 72% by January 2024. Investors have received a 22 percent gain on their Yes Bank shares in the past month. Investors have profited by 40% on the bank’s shares during the last six months. The financial figures for the December 2023 quarter of Yes Bank have finally been released.
Yes Bank’s Loan and Advance Ratio Up by 4.1%
The loan-to-advance ratio for Yes Bank for the third quarter of the current financial year was Rs 2,17,662 crore. On an annual basis, it showed an 11.9 percent growth. The loan-to-advance ratio for Yes Bank during the same quarter of the previous fiscal year was Rs 1,94,573 crore. Yes Bank’s loan and advance ratio has risen by 4.1 percent on a quarter-over-quarter basis.
Deposits at Yes Bank rose 13.2 percent in the current quarter compared to the same period last year. There are now 2,41,831 crore rupees in deposits with Yes Bank. In addition, the bank’s total credit-to-deposit ratio has dropped to 90%.
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