{"id":5769,"date":"2025-01-03T13:11:46","date_gmt":"2025-01-03T07:41:46","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5769"},"modified":"2025-01-03T13:11:47","modified_gmt":"2025-01-03T07:41:47","slug":"yes-bank-south-indian-bank-and-bank-of-maharashtra-shares-rise-up-to-5-on-strong-q3-performance","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/yes-bank-south-indian-bank-and-bank-of-maharashtra-shares-rise-up-to-5-on-strong-q3-performance\/","title":{"rendered":"Yes Bank, South Indian Bank, and Bank of Maharashtra Shares Rise Up to 5% on Strong Q3 Performance"},"content":{"rendered":"\n

Shares of Yes Bank, South Indian Bank, and Bank of Maharashtra surged up to 5% on January 3 following the banks’ strong business performance for the third quarter of FY24.<\/p>\n\n\n\n

Deposits of Yes Bank jumped around 15% YoY in three months of December to Rs 2.77 lakh crore. Loans and advances of the bank were up 13% at Rs 2.45 lakh crore. Shares of Yes Bank jumped 2.3% at 12:30 pm on January 3 and were trading at Rs 20.04 per piece.<\/p>\n\n\n\n

Bank of Maharashtra, on the other hand, said its gross advances grew 21% to Rs 2.29 lakh crore for the October-December quarter. Total business of the bank rose 17% to Rs 5.07 lakh crore while total deposits improved 13.5% to Rs 2.79 lakh crore on a year-on-year basis. At 12:35 pm, shares of Bank of Maharashtra traded 5% higher at Rs 55.5 per share.<\/p>\n\n\n\n

South Indian Bank too announced impressive numbers, with gross advances increasing 11.94% YoY to Rs 86, 965 crore. Total deposits with the bank increased 6.28% over the same period. At 12:40 pm on January 3, South Indian Bank shares traded almost 4% higher at Rs 26.69 per share.<\/p>\n\n\n\n

These positive market reactions reflect investor confidence in strong performances from these banks amid a robust economic environment.<\/p>\n\n\n\n

Do you have a news tip for Lakshmishree reporters? Please email us at media@lakshmishree.com<\/a><\/p>\n\n\n\n

Source: Moneycontrol<\/a><\/sub><\/sup><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of Yes Bank, South Indian Bank, and Bank of Maharashtra surged up to 5% on January 3 following the banks’ strong business performance for the third quarter of FY24. Deposits of Yes Bank jumped around 15% YoY in three months of December to Rs 2.77 lakh crore. Loans and advances of the bank were […]<\/p>\n","protected":false},"author":1,"featured_media":5770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[877],"class_list":["post-5769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-yes-bank-q3"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5769"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5769\/revisions"}],"predecessor-version":[{"id":5771,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5769\/revisions\/5771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5770"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}