Non-public sector lender Sure Financial institution on Friday stated its loans and advances rose by 12.6% year-on-year (YoY) to Rs 2,45,035 crore as of December 31, 2024, from Rs 2,17,523 crore within the earlier corresponding yr. Quarter-on-quarter (QoQ), loans grew by 4.2% from Rs 2,35,117 crore on September 30, 2024.

Deposits grew by 14.6% on a YoY foundation to Rs 2,77,199 crore from Rs 2,41,831 crore a yr in the past. On a QoQ foundation, deposits remained flat, in comparison with Rs 2,77,214 crore on the finish of September 2024.

CASA (Present and Financial savings Account) deposits surged by 27.6% on a YoY foundation to Rs 91,575 crore in December 2024, up from Rs 71,749 crore in December 2023. On a QoQ foundation, CASA deposits rose by 3.4%, up from Rs 88,601 crore in September 2024. The CASA ratio improved to 33%, larger than 32% within the earlier quarter and 29.7% in the identical interval final yr.

The financial institution’s Credit score to Deposit Ratio (CDR) was at 88.4% in December 2024, barely under the 89.9% recorded in December 2023. Nonetheless, the CDR improved from 84.8% within the earlier quarter. The Liquidity Protection Ratio (LCR) rose to 133.2%, considerably larger than 118.4% in the identical quarter final yr and up from 132.0% within the previous quarter.

YES Financial institution shares had been buying and selling 1.6% larger on Friday to Rs 19.92 on BSE after the corporate’s replace.In October, the non-public lender had reported that its web revenue for Q2FY25 was up by 10% on a QoQ foundation. The working revenue was reported at Rs 975 crore up 21.7% Y-o-Y and 10.2% Q-o-Q.YES Financial institution’s inventory remained practically unchanged on Thursday, closing at Rs 19.60 on the BSE, in comparison with its earlier shut of Rs 19.63. The financial institution’s market capitalization stood at Rs 61,445 crore. Additionally learn | Nifty 2026 goal set at 26,500: Vintage Inventory Broking lists 4 key themes driving the bull run(Disclaimer: Suggestions, solutions, views and opinions given by the specialists are their very own. These don’t symbolize the views of Financial Instances)

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