Retail Slippages at their lowest in past 10 quarters at INR 843 Crs (2.7% of Advances) v/s. INR 888 Crs (2.8% of Advances) in Q4FY26
FinTech BizNews Service
Mumbai, July 18, 2026: YES BANK today announced its Q1FY27 results. It has started FY27 with strong growth momentum, higher profitability, improved asset quality and rating upgrades.
Q1FY27 Key Highlights
Q1FY27 Net Profit at INR 1,071 Crs, up 33.7% Y-o-Y & 0.2% Q-o-Q
• RoA at 0.9% v/s 0.8% Q1FY26 & 1.0% in Q4FY26
• NIM at 2.7% v/s 2.5% in Q1FY26 & 2.7% in Q4FY26
o Cost of Deposits for Q1FY27 lower 50bps Y-o-Y & 10bps Q-o-Q at 5.4%
• Non-Interest Income at INR 1,798 Crs; Core Fee growth at 18.7% Y-o-Y
• Operating Profit for Q1FY27 at INR 1,704 Crs up 25.5% Y-o-Y and 5.3% Q-o-Q
• C/I Ratio further improved to 62.8% in Q1FY27 v/s. 67.1% in Q1FY26 & 63.0% in Q4FY26
Acceleration in Balance Sheet growth
• Advances Growth at 18.3% Y-o-Y and 4.3% Q-o-Q; Deposits growth at 14.3% Y-o-Y; On AQB basis, Advances and Deposits growth at 15.1% Y-o-Y and 14.8% Y-o-Y, respectively
• Continued momentum in Retail Assets Disbursement, up 27.5% Y-o-Y
• CASA Deposits 14.3% Y-o-Y; on an AQB 1 basis, CASA growth was stronger at 15.0% Y-o-Y
• Retail & Branch Led Deposits grew 10.8% Y-o-Y; and comprised 59.2% of Total Deposits
Significant improvement in Asset Quality
• GNPA ratio at 1.3% down 30 bps Y-o-Y and NNPA ratio at 0.2%, down 10 bps Y-o-Y
• Retail Slippages at their lowest in past 10 quarters at INR 843 Crs (2.7% of Advances) v/s.
INR 888 Crs (2.8% of Advances) in Q4FY26
• Net Credit Costs for the quarter stood 0.3% of Avg. assets v/s. 0.3% in Q1FY26
Received Credit Rating Upgrades from Moody’s: Ba1 from Ba2, from CARE: AA+ from AA- and from ICRA: AA from AA-. In addition, received Inaugural Rating of BB+ from S&P Global
Reinforced leadership in ESG: included in FTSE4Good Index for the fourth consecutive year; won ‘Most Sustainable Bank’ award at the Business Today - India's Most Sustainable Companies 2026
Commenting on the results and financial performance, Mr. Vinay M. Tonse, Managing Director & CEO, YES BANK said, “YES BANK has begun FY27 on a strong footing, with Q1 Net Profit growing ~34% Y-o-Y to INR 1,071 Crs. We delivered higher core earnings even as gains from Security Receipts and treasury fell sharply - clear evidence that the underlying franchise is strengthening. Margins held steady at 2.7%, cost-to-income improved further, and asset quality strengthened as slippage eased. We also earned meaningful external validation this quarter —rating upgrades from Moody's, CARE and ICRA, and our inaugural international rating from S&P Global. Growth was broad-based, including sustained momentum in Retail disbursements. Looking ahead, our focus is clear: deepen the core, sustain profitability, and create a resilient franchise that delivers lasting value for every stakeholder.”
Q1FY27 - Financial Highlights
Profit and Loss
Q1FY27 NII at INR 2,786 Crs, up 17.5% Y-o-Y & 5.6% Q-o-Q
NIM for Q1FY27 at 2.7% up 20 bps Y-o-Y, aided by lower cost of deposits and reduction in
balances of PSL shortfall deposits
Non-Interest Income at INR 1,798 Crs, up 3.9% Q-o-Q. Core Fee Growth at 18.7% Y-o-Y
Strong cost control by the Bank enabled restricting Operating Costs growth at INR
2,880 Crs, up only 4.1% Y-o-Y and 4.8% Q-o-Q
Non-tax Provision Costs at INR 394 Crs; Credit Costs at 0.3% of Avg. Assets
Operating Profit for Q1FY27 at INR 1,704 Crs, up 25.5% Y-o-Y & 5.3% Q-o-Q
Net Profit for Q1FY27 at INR 1,071 Crs, up 33.7% Y-o-Y & 0.2% Q-o-Q
Q1FY27 RoA at 0.9% v/s 0.8% in Q1FY26 & 1.0% in Q4FY26
RoE at 8.3% for Q1FY27, v/s 6.6% in Q1FY26 and 8.4% in Q4FY26
Balance Sheet
Net Advances at INR 2,85,118 Crs, registered growth of 18.3% Y-o-Y and 4.3% Q-o-Q, driven by acceleration across business segments
• Sustained momentum in Retail Assets with Q1FY27 disbursement growing 27.5% Y-o-Y
C/D ratio at 90.4% v/s 87.4% in Q1FY26 and 85.7% in Q4FY26
Total Deposits at INR 3,15,373 Crs grew 14.3% Y-o-Y
• CASA Deposits at INR 103,233 Crs grew 14.3% Y-o-Y; CASA AQB (Avg. Quarterly Balance) growth was stronger at 15.0% Y-o-Y
• CASA Ratio at 32.7% v/s 32.8% in Q1FY26 and 35.1% in Q4FY26
• CA balances grew 23.2% Y-o-Y; AQB growth at 23.0% Y-o-Y and 7.7% Q-o-Q
• SA balances grew 8.2% Y-o-Y; AQB growth at 10.1% Y-o-Y and 1.6% Q-o-Q despite sharp rate actions during FY26 as well as Q1FY27
Average Quarterly LCR during the quarter remains healthy at 138.2%
CET I Ratio stands at 14.0% v/s 14.0% in Q1FY26 and 13.8% in Q4FY26
• RWA to Total Assets at 73.2% v/s 72.7% in Q1FY26 and 69.7% in Q4FY26
PSL shortfall Deposits at INR 27,449 Crs - lower 25.4% Y-o-Y and 1.7% Q-o-Q, now account for 5.9% of Total Assets
Borrowings at INR 67,940 Crs up 2.1% Y-o-Y and 4.7% Q-o-Q
Investments at INR 92,738 Crs up 14.2% Y-o-Y and 5.2% Q-o-Q
Asset Quality
GNPA Ratio at 1.3% in Q1FY27 down 30 bps Y-o-Y; flat Q-o-Q
NNPA Ratio at 0.2% in Q1FY27 down 10 bps Y-o-Y; flat Q-o-Q
PCR at 81.7% in Q1FY27 v/s 80.2% in Q1FY26 and 81.9% in Q4FY26
Net Credit Costs for the quarter stood 0.3% of Avg. assets for the quarter v/s. 0.3% Q1FY26
Gross Slippages for Q1FY27 at INR 964 Crs (1.4% of Advances) v/s INR 1,102 Crs (1.6% of
Advances) in Q4FY26 and INR 1,458 Crs (2.4%) in Q1FY26
Retail Banking Slippages at their lowest in past 10 quarters at INR 843 Crs (2.7% of
Advances) v/s. INR 888 Crs (2.8% of Advances) in Q4FY26 and INR 1,280 Crs (4.3% of
Advances) in Q1FY26
Recoveries & Upgrades for Q1FY27 at INR 564 Crs, incl. P&L gain from Security Receipts of
INR 86 Crs for Q1FY27
Other Highlights/ Achievements
Credit Ratings Upgrades:
ESG Ratings and Indices:
Included in the FTSE4Good Index Series for the fourth consecutive year (2023, 2024, 2025, 2026)
Won the ‘Most Sustainable Bank’ award at the Business Today - India's Most Sustainable Companies 2026
Recognised among Top 25 India’s Best Workplaces™ in BFSI 2026 by Great Place to Work® India
YES BANK’s NRI Homecoming Campaign 2025 has won 2 Bronze awards at ET Brand Equity’s Brand Disruption Awards 2026
