Yes Bank Ltd(YESBANK)

NSE: YESBANKBSE: 532648

₹ 15.8+0.06%refreshed 23 Oct, 03:59 pm ISTMarket cap: ₹ 49,595 crWebsite: www.yesbank.inUpdated: 24 Oct 2026

About

Yes Bank is an Indian private sector bank offering corporate, commercial, retail banking, treasury and transaction banking services. As of Q2 FY27, net advances stood at INR 3,09,510 Cr, up 23.7% YoY; FY26 reported revenue was Rs 30,208.45 Cr. SMBC holds a 24.2% stake, the largest cross-border investment by a foreign bank in an Indian private sector bank, and SBI retains over 10%.^[1][2]

Business segments

Other Retail Banking: 41.9% of FY26 revenue (INR 15,420.69 Cr); includes branch-led retail assets, deposits, cards and third-party products.^[3]
Corporate Banking: 33.5% of FY26 revenue (INR 12,332.66 Cr); covers Corporate & Institutional Banking and Commercial Banking (SME/mid-corporate).^[3]
Treasury: 21.0% of FY26 revenue (INR 7,721.13 Cr); includes investment portfolio management, forex and debt capital markets.^[3]
Other Banking Operations: 3.6% of FY26 revenue (INR 1,341.28 Cr); highest EBIT margin segment at 57.4% in FY26.^[3]
Corporate Banking's revenue share fell 25.7 percentage points and Treasury's 6.8 points over FY2019-FY2026, while Other Banking Operations gained 2.8 points.^[3]

Loan book and deposits

Net advances were INR 3,09,510 Cr in Q2 FY27, up 23.7% YoY; excluding the FCNR(B)-linked FCTL book, growth was 17.6% YoY and 3.2% QoQ.^[4]
In Q2 FY27, CIB advances grew 31.4% YoY, Commercial Banking 20.2% YoY and Retail 8.7% YoY.^[4]
Q2 FY27 disbursements (ex-FCTL) were INR 36,773 Cr, up 50.0% YoY, with retail at about 47% of disbursements and retail disbursements up 35% YoY.^[4]
Commercial Banking (SME and mid-corporate) advances were INR 65,962 Cr in Q3 FY26, 29.3% of total advances.^[5]
Deposits grew 19.5% YoY and 12.2% QoQ in Q2 FY27, helped by INR 18,575 Cr (~US$ 1.94 bn) of FCNR(B) raised under the RBI concessional swap window, which created an INR 15,215 Cr FCTL book.^[4]
CASA ratio was 30.0% in Q2 FY27 vs 33.7% in Q2 FY26; CASA deposits first crossed INR 1 lakh crore post-reconstruction in Q4 FY26.^[4]
Retail and branch-led deposits were 58.4% of total deposits as of Q4 FY26.^[1]

Key operating metrics

NIM was 2.6% in Q2 FY27 vs 2.5% in Q2 FY26; cost of deposits was 5.5% vs 5.7%.^[4]
GNPA was 1.2% in Q2 FY27 (down 40 bps YoY) and NNPA 0.2% (down 10 bps YoY); PCR was 80.5% vs 81.0% in Q2 FY26.^[4]
Gross slippages were INR 1,035 Cr (1.3%) in Q2 FY27 vs INR 1,248 Cr (2.0%) in Q2 FY26.^[4]
Credit cost was 0.3% of average assets in Q2 FY27 vs 0.4% in Q2 FY26.^[4]
Cost-to-income ratio was 64.3% in Q2 FY27 vs 67.1% in Q2 FY26; CET1 was 13.7% vs 13.9%.^[4]
RoA was 0.9% and RoE 8.2% in Q2 FY27.^[4]

Branch network and distribution

Branch network reached 1,328 as of Q3 FY26, with 33 branches added in Q3 and 76 of 80 targeted FY26 branches opened through 9M FY26.^[5]
Internal branch sourcing was about 52% of retail asset disbursements in Q3 FY26, up from about 37% roughly two years earlier.^[5]
Branch plan targets about 80 new branches a year, about 400 new branches over the next 4-5 years (stated Q4 FY26).^[6]

Fee income

Core fees were INR 1,726 Cr in Q2 FY27, up 15.5% YoY and 14.6% QoQ; card fees rose 26.6% and processing fees 16.8% YoY.^[4]

PSL shortfall deposits

PSL shortfall deposits were INR 25,844 Cr in Q2 FY27, down 23.0% YoY and 5.8% QoQ, at 5.0% of total assets.^[4]
PSL shortfall deposits peaked at about 11% of assets in FY24 and are targeted below 5% of total assets by end of FY27.^[5]
Nil PSL shortfall across all sub-categories in FY26 for a second year; the bank aims for nil sub-category shortfalls again by March 2027 via organic sourcing and BC partnerships.^[6]

Capital and legacy items

As of Q2 FY27 the bank is evaluating options to strengthen capital buffers to support growth and align capital with peers.^[4]
FY26 annual report seeks enabling approval to raise equity up to Rs 7,500 Crores and debt securities up to Rs 8,500 Crores, including AT1, Tier 2 and infrastructure bonds.^[7]
Security receipt gains were INR 395 Cr in Q2 FY27; FY27 SR cash recovery guidance is INR 800-1,000 Cr.^[4]

Ratings and ownership

On 20 Oct 2026 the bank disclosed that Moody's affirmed its long-term foreign and local currency deposit ratings at Ba1, stable outlook, after the Supreme Court reinstated its AT1 securities.^[8]
By Q2 FY27, CRISIL upgraded the bank to AA+ (Stable) from AA- and India Ratings to AA+; CARE rates it AA+, ICRA AA, Moody's Ba1, and S&P assigned an inaugural BB+.^[4]
SMBC closed its stake purchase in Q2 FY26 to reach 24.2%; two SMBC nominee directors joined the Board on 18 September 2025.^[9]

Market Cap

₹49,595 Cr

High / Low

₹26 / 16

Stock P/E

11.8

Price / Book

0.9

Book Value

₹14

EPS

₹1.1

No. of Shares

3,137.98 Cr

ROE

7.1%

Sales

₹30,208 Cr

Net Profit

₹3,512 Cr

Promoter holding

0.0%

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Signal history

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Yes Bank Ltd(YESBANK)

About

Business segments

Loan book and deposits

Key operating metrics

Branch network and distribution

Fee income

PSL shortfall deposits

Capital and legacy items

Ratings and ownership

Signal history

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