Yes Bank's loans, advances shrink in Q1 over Covid-19 impact

The credit to deposit ratio (C\D ratio) declined to 100.4 per cent in June 2021 from 102.4 per cent in March 2021

Private lender Yes Bank's loans and advances shrank in the Q1FY22 on a year-on-year (Y-o-Y) basis and also sequentially, reflecting the economic and business impact of the Coronavirus (Covid-19) pandemic.

Sequentially, the loan book contracted by 1.8 per cent to Rs 1,63,914 crore at the end of June 2021 from Rs 1,66,893 crore in the previous quarter ended March 2021. The outstanding loans were at Rs 1,64,510 crore at the end of June 2020 (Q1FY20), according to its filing with BSE.

These are provisional figures and come ahead of the announcement of financial results for the quarter ended June 2021, the bank