Presentation Content Overview

The revised Debt Investor Presentation for August 2026 contains comprehensive information about YES BANK's financial position, strategy, and investment highlights.

Credit Investment Highlights

  • Banking Franchise Scale: YES BANK is India's 6th largest private sector bank by total assets as of June 30, 2026.
  • Granular Lending Franchise: The bank maintains a diversified lending portfolio across retail (52.8%), commercial (24.5%), and corporate & institutional (22.7%) segments as of Q1FY27.
  • Asset Quality: Robust asset quality with Gross NPA at 1.3% and Net NPA at 0.2% as of Q1FY27.
  • Profitability Trajectory: Improving Return on Assets (RoA) from 0.3% in FY24 to 0.9% in Q1FY27 (annualized).
  • Capitalization: Strong capital position with CET-1 ratio of 14.0% and CRAR of 15.1% as of Q1FY27.

SMBC Strategic Shareholding

  • Sumitomo Mitsui Banking Corporation (SMBC) acquired a 24.9% stake in YES BANK from SBI, other investor banks, and institutional investors.
  • SMBC is the 2nd largest banking group in Japan and 17th largest globally, designated as a Global Systemically Important Bank (GSIB).
  • The partnership aims to leverage SMBC's cross-border expertise and corporate network, positioning YES BANK as the primary banking platform for the Indo-Japan corridor.
  • Shareholding pattern as of June 30, 2026: SMBC (24.9%), SBI (remaining significant stake), FPIs (12.7%), Others (15.2%).

Financial Performance

Profit & Loss Account (INR Bn):

| Period | Net Interest Income | Non-Interest Income | Total Income | Operating Expenses | Operating Profit | Provisions | Net Profit |

| FY24 | 81 | 51 | 132 | 98 | 34 | 19 | 13 |

| FY25 | 89 | 59 | 148 | 105 | 43 | 11 | 24 |

| FY26 | 98 | 68 | 165 | 110 | 55 | 9 | 35 |

| Q1FY27 | 28 | 18 | 46 | 29 | 17 | 4 | 11 |

Balance Sheet (INR Bn):

| Period | Total Assets | Advances | Investments | Shareholders Funds | Deposits | Borrowings |

| FY24 | 4,055 | 2,278 | 902 | 421 | 2,664 | 799 |

| FY25 | 4,234 | 2,462 | 851 | 478 | 2,845 | 716 |

| FY26 | 4,691 | 2,734 | 881 | 511 | 3,190 | 649 |

| Q1FY27 | 4,621 | 2,851 | 927 | 523 | 3,154 | 679 |

Key Ratios:

  • Credit-Deposit Ratio: Improved from 85.5% (FY24) to 90.4% (Q1FY27)
  • CASA Ratio: 32.7% as of Q1FY27
  • Provision Coverage Ratio: 81.7% as of Q1FY27
  • Liquidity Coverage Ratio: 138.2% (quarterly average for Q1FY27)
  • Net Interest Margin: 2.7% in Q1FY27
  • Cost to Income: Improved from 74.4% (FY24) to 62.8% (Q1FY27)

Credit Rating Improvements

The bank has received multiple rating upgrades:

  • Moody's: Ba1 (Stable) from Ba2 (May 2026)
  • S&P Global: BB+ (Stable) - Inaugural rating (July 2026)
  • CRISIL: AA+ (Stable) from AA- (August 2026)
  • CareEdge: AA+ (Stable) from AA- (June 2026)
  • India Ratings: AA+ (Stable) from AA- (August 2026)
  • ICRA: AA (Stable) from AA- (July 2026)

Transformation Story

The presentation outlines YES BANK's journey from stress during FY20 (GNPA: 16.8%, NNPA: 5.0%, RoA: -7.1%) to recovery through:

1. Capital raising of ~₹240 Bn through FPO and private placement

2. Deposit growth of ~3.0x

3. Granularization of loans and deposits with >3.0x rise in Retail & SME loans

4. Resolution of ~₹360 Bn of legacy NPLs and sale of ~₹430 Bn NPLs to ARCs

Governance Structure

The board includes experienced directors:

  • Rama Subramaniam Gandhi (Non-Executive, Part-time Chairman, Independent Director)
  • Nandita Gurjar (Independent Director)
  • Rekha Murthy (Independent Director)
  • Sanjay Kumar Khemani (Independent Director)
  • Sadashiv Srinivas Rao (Independent Director)
  • Thekepat Keshav Kumar (Nominee Director of State Bank of India)
  • D. Shivakumar (Non-Executive Director, Nominee of Verventa Holdings Limited)
  • Rajeev Veeravalli Kannan (Non-Executive and Non-Independent Director, Nominee of SMBC)
  • Vinay M. Tonse (Managing Director & CEO)

The leadership team has an average tenure of ~10 years with the Bank.

Strategic Overview

The bank's strategy focuses on:

  • Universal banking approach across Retail, MSME, and Corporate segments
  • Accelerating profitable growth across retail and MSME
  • Building a lower-cost liability franchise with stable retail and CASA deposits
  • Leveraging SMBC partnership for global best practices and India-Japan corridor business

Web Disclosure

The weblink of BSE Limited and National Stock Exchange of India Limited providing this information is being hosted on the Bank's website www.yes.bank.in pursuant to Listing Regulations.