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What is the story about?
Yes Bank has reported its net loans and advances stood at ₹2,72,454 crore as of March 31, 2026, marking a 5.8% sequential increase and a 10.7% rise compared with the same period last year. The lender released its provisional business update for the January-March quarter on Saturday.
Yes Bank's deposits grew at a faster pace, rising 9% sequentially and 12.1% year-on-year (YoY) to ₹3,18,970 crore. The bank also reported a sharp increase in low-cost deposits, with CASA balances climbing 12.5% quarter-on-quarter and 14.9% year-on-year to ₹1,11,960 crore. As a result, the CASA ratio, including certificates of deposit, improved to 35.1%, up from 34% in the previous quarter and 34.3% a year ago.
The credit-to-deposit ratio moderated to 85.4%, compared with 88% at the end of December 2025 and 86.5% a year earlier. The average quarterly liquidity coverage ratio remained comfortable at 119% on a consolidated basis.
Yes Bank had reported a robust operational performance for the December quarter, with net profit rising 55.4% year-on-year to ₹951.6 crore, compared with ₹612.3 crore in the year-ago period, aided by steady net interest income and improving asset quality.
Net interest income (NII) increased 11% year-on-year to ₹2,465.6 crore for Q3 FY26, up from ₹2,223.5 crore in the corresponding quarter last year, reflecting stable core lending performance.
Asset quality remained steady in the December quarter. Gross non-performing assets (NPAs) declined to 1.5% from 1.6% sequentially, while net NPAs remained flat at 0.3% quarter-on-quarter. In absolute terms, gross NPAs fell to ₹4,014.6 crore from ₹4,055.3 crore, while net NPAs declined to ₹671.2 crore from ₹770.8 crore in the previous quarter.
In a recent interaction with CNBC-TV18, Managing Director & CEO Prashant Kumar said the recent improvement in net interest margins (NIMs) has been driven by a combination of profitable loan growth, corrective pricing actions on deposits—especially savings accounts—and the gradual reduction in low-yield RIDF deposits.
On growth and profitability, Kumar reiterated that Yes Bank is targeting around 8% loan growth in FY26, with a stronger and more diversified push planned for FY27.
Yes Bank shares settled at ₹17.90 on Friday, down marginally. The scrip has corrected nearly 17% so far this year but the one-year return is over 6%.
Yes Bank's deposits grew at a faster pace, rising 9% sequentially and 12.1% year-on-year (YoY) to ₹3,18,970 crore. The bank also reported a sharp increase in low-cost deposits, with CASA balances climbing 12.5% quarter-on-quarter and 14.9% year-on-year to ₹1,11,960 crore. As a result, the CASA ratio, including certificates of deposit, improved to 35.1%, up from 34% in the previous quarter and 34.3% a year ago.
The credit-to-deposit ratio moderated to 85.4%, compared with 88% at the end of December 2025 and 86.5% a year earlier. The average quarterly liquidity coverage ratio remained comfortable at 119% on a consolidated basis.
Yes Bank had reported a robust operational performance for the December quarter, with net profit rising 55.4% year-on-year to ₹951.6 crore, compared with ₹612.3 crore in the year-ago period, aided by steady net interest income and improving asset quality.
Net interest income (NII) increased 11% year-on-year to ₹2,465.6 crore for Q3 FY26, up from ₹2,223.5 crore in the corresponding quarter last year, reflecting stable core lending performance.
Asset quality remained steady in the December quarter. Gross non-performing assets (NPAs) declined to 1.5% from 1.6% sequentially, while net NPAs remained flat at 0.3% quarter-on-quarter. In absolute terms, gross NPAs fell to ₹4,014.6 crore from ₹4,055.3 crore, while net NPAs declined to ₹671.2 crore from ₹770.8 crore in the previous quarter.
In a recent interaction with CNBC-TV18, Managing Director & CEO Prashant Kumar said the recent improvement in net interest margins (NIMs) has been driven by a combination of profitable loan growth, corrective pricing actions on deposits—especially savings accounts—and the gradual reduction in low-yield RIDF deposits.
On growth and profitability, Kumar reiterated that Yes Bank is targeting around 8% loan growth in FY26, with a stronger and more diversified push planned for FY27.
Yes Bank shares settled at ₹17.90 on Friday, down marginally. The scrip has corrected nearly 17% so far this year but the one-year return is over 6%.
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