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Yes Bank Personal Loan News - Mar 2021
- 2021-01-06 : Yes Bank reported 1.3% quarterly growth in loans and advances
Yes Bank registered 1.3% quarter-on-quarter growth in loans and advances which includes home, personal, gold, car, two-wheeler and education loans along with business and mudra loans to Rs 1.69 lakh crore during the December quarter. Deposits which include fixed and recurring deposits grew 7.7% to Rs 1.46 lakh crore. Further, the current account and savings account deposits grew 12.6% to Rs 37,973 crore. - 2021-01-05 : YES BANK retail loan disbursal to become easier and faster
YES BANK has joined hands with Salesforce to make its retail loan disbursal easier and faster. This collaboration aims to engage customers with a unified experience and drive aggressive retail-led growth for the bank. Further, the partnership will improve the disbursal process of retail loans like home, personal, car, two-wheeler, gold and education loans. - 2020-07-28 : Yes Bank reported a net profit of 45. 44 crore for June quarter
YES Bank posted a 60.05% year-on-year fall in net profit at Rs 45.44 crore for the quarter ended June 30. The Bank had posted a net profit of Rs 113.76 crore in the corresponding quarter last year. Deposits at Rs 1,17,360 crore grew 11.4% QoQ aided by 26.4% QoQ growth in current account deposits and 12.6 per cent QoQ growth in term deposits which includes fixed and recurring deposits. CASA ratio stood at 25.8%. Further, Net interest income was at Rs 1,908 crore bolstered by home, personal, gold, car and two-wheeler loan along with business and mudra loans. - 2020-07-06 : YES Bank introduces instant loan disbursement facility
Private lender, Yes Bank has launched an instant loan disbursement facility. The facility will help the retail customers like that of home, personal, gold, two-wheeler, and car loan to apply for the loan in a smooth and fast manner. - 2019-11-22 : Yes bank reports 600 crore loss due to tax hit in Q2
Yes Bank reported a loss of Rs. 600 crore in the September quarter after getting a profit of Rs. 964.70 crore in the corresponding year. The loss is a result of an adjustment of Rs. 709 crore on account of the corporate tax regime. Gross Non-Performing Assets of the bank increased to 7.39% from 5.1% in the June quarter. Yes Bank is one of the fastest-growing private banks in home loans and personal loans.
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