The Board of Yes Bank will meet on 22 January 2021 to consider raising of funds by issue of equity shares / depository receipts / convertible bonds / debentures / warrants / any other equity linked securities, through permissible modes subject to necessary shareholders/ regulatory approvals, as applicable.

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Yes Bank will hold a meeting of the Board of Directors of the Company on 22 January 2021.

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Deposits increased 7.7% to Rs 146,233 crore as on 31 December 2020 as against Rs 135,815 crore as on 30 September 2020.

The bank's CASA improved by 12.6% to Rs 37,973 crore as on 31 December 2020 from Rs 33,713 crore reported as on 30 September 2020. CASA/Total Deposits (excluding Certificate of Deposits) ratio stood at 27.4% as on 31 December 2020 as against 26.2% as on 30 September 2020.

The credit-to-deposit ratio stood at 115.6% as on 31 December 2020, as against 122.9% as on 30 September 2020. Liquidity Coverage Ratio (LCR) was at 115.45% as on 31 December 2020 as against 107.3% as on 30 September 2020. The announcement was made yesterday, 4 January 2021.

Shares of Yes Bank were down 0.28% at Rs 18. Yes Bank is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers.

The bank reported a standalone net profit of Rs 129.37 crore in Q2 September 2020 compared with net loss of Rs 600.80 crore in Q2 September 2019. Total income fell 28.56% YoY to Rs 5,952.14 crore in Q2 FY21 over Q2 FY20.

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Yes Bank has appointed Anurag Adlakha current Group CFO of the Bank as Chief Human Resources Officer (CHRO) in place of Deodutta Kurane, who would be retiring from the service of the Bank.

The Bank also appointed Niranjan Banodkar as the Group Chief Financial Officer of the Bank (Key Managerial Personnel (KMP)) with effect from 01 January 2021, in place of Anurag Adlakha who is appointed Chief Human Resources Officer (CHRO) as mentioned above.

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