Reflecting steady pre-festive demand, private sector lender YES Bank posted 11.6 per cent year-on-year (YoY) growth in the loan and advances to Rs 1.92 trillion in the reporting quarter (Q2). Sequentially, its loan grew by 3.5 five per cent and crossed Rs 1.86 trillion as on September 30, 2022.
Another IndusInd Bank posted a growth of 18 per cent YoY basis at Rs 2.59 trillion in the second quarter of the ongoing financial year 2022. Sequentially, its loan grew by five per cent to over Rs 2.47 trillion as of September 30, 2022.
Reserve Bank of India (RBI)'s data revealed