Retail Slippages at their lowest in past 9 quarters at INR 888 Crs (2.8% of Advances) v/s. INR 1,026 Crs (3.4% of Advances) in Q3FY26
FinTech BizNews Service
Mumbai, April 19, 2026: YES BANK has delivered robust Q4 & FY26 performance with consistent rise in profitability, acceleration in growth, outperformance in CASA, improved margins & better asset quality
Q4FY26 Profit grows 45% to INR 1,068 Crs Q4FY26 Return on Assets at ~1.0%
Q4FY26 NIM Improves ~20 bps to 2.7% FY26 C/I Ratio at 66.7% improves 460 bps
Deposits cross milestone of INR 3 Lakh Crs; CASA Deposits Cross INR 1 Lakh Crs
Q4FY26 Net Profit exceeds INR 1,000 Crs at INR 1,068 Crs, up 44.7% Y-o-Y & 12.3% Q-o-Q.
FY26 Net Profit at INR 3,476 Crs up 44.5% Y-o-Y
• RoA at 1.0% v/s 0.7% Q4FY25 & 0.9% in Q3FY26. FY26 RoA at 0.8% v/s 0.6% in FY25
• NIM at 2.7% v/s 2.5% in Q4FY25 & 2.6% in Q3FY26. FY26 NIM at 2.6% v/s 2.4% in FY25
o Cost of Deposits for Q4FY26 lower 60bps Y-o-Y & 10bps Q-o-Q at 5.5%; FY26 Cost
of Deposits down 40bps Y-o-Y at 5.7%
• Non-Interest Income at INR 1,730 Crs, up 6.0% Q-o-Q. FY26 Non-Interest Income at INR
6,759 Crs up 15.4% Y-o-Y
• Operating Profit for Q4FY26 at INR 1,618 Crs up 23.1% Y-o-Y and 31.2% Q-o-Q. FY26
Operating Profit at INR 5,506 Crs up 29.4% Y-o-Y
• C/I Ratio further improved to 63.0% in Q4FY26 v/s. 67.3% in Q4FY25 & 66.1% in Q3FY26.
FY26 C/I at 66.7% v/s. 71.3% in FY25
Acceleration in Balance Sheet growth; CASA outperformance continues
• Advances at INR 2,73,445 Crs, up 11.1% Y-o-Y and 6.2% Q-o-Q; Deposits exceed critical
milestone of INR 3 lakh Crs at INR 3,18,969 Crs up 12.1% Y-o-Y & 9.0% Q-o-Q
• Disbursements at INR 33,224 Crs, up 19.8% Y-o-Y & 23.1% Q-o-Q, with Retail disbursements
accelerating to ~41% Y-o-Y growth; FY26 disbursements exceed INR 1 Lakh Crs
• CASA Deposits crossed the critical milestone of INR 1 lakh Crs during the quarter
• Retail & Branch Led Deposits at INR 1,86,186 Crs grew 13.5% Y-o-Y; and comprised
58.4% of Total Deposits
Significant improvement in Asset Quality
• GNPA ratio at 1.3% down 20 bps Q-o-Q and NNPA ratio at 0.2%, down 10 bps Q-o-Q
• Retail Slippages at their lowest in past 9 quarters at INR 888 Crs (2.8% of Advances) v/s.
INR 1,026 Crs (3.4% of Advances) in Q3FY26
• Net Credit Costs for the quarter stood 0.17% of Avg. assets v/s. 0.30% in Q4FY25. FY26
Credit Costs restricted to 0.2% v/s. 0.3% in FY25
Awarded Silver Shield for Excellence in Financial Reporting 2024–25 from ICAI among Private
Sector Banks
Improved S&P Global ESG Score from 73 to 79 in 2025, making it the highest score amongst
Indian Banks for the fourth consecutive year
Commenting on the results and financial performance, Mr. Vinay M. Tonse, Managing
Director & CEO, YES BANK said, “YES BANK concluded FY26 on a strong footing, delivering
a Q4 RoA of 1.0% in line with our guidance, supported by a 20 bps improvement in NIMs,
improvement in Cost to Income ratio and the lowest GNPA and NNPA levels since FY20.
Business momentum continued to strengthen, with broadbased growth across advances and
deposits, underpinned by a robust CASAled deposit engine that contributed to lower Cost of
Deposits. FY26 also marked an important strategic milestone with SMBC becoming our largest
shareholder, reaffirming global institutional confidence in the Bank’s longterm potential. As we
move into FY27, our priorities remain firmly anchored in strengthening the franchise,
accelerating highquality growth, and advancing our journey toward building a resilient YES
BANK that consistently creates sustainable value for all stakeholders.”
Profit and Loss
Q4FY26 NII at INR 2,638 Crs, up 15.9% Y-o-Y & 7.0% Q-o-Q. FY26 NII at INR 9,776 Crs
up 9.3% Y-o-Y
NIM for Q4FY26 at 2.7% up 20 bps Y-o-Y and up 10 bps Q-o-Q, aided by lower cost of
deposits and reduction in balances of PSL shortfall deposits. FY26 NIM at 2.6% up 20 bps
Y-o-Y
Non-Interest Income at INR 1,730 Crs, up 6.0% Q-o-Q. FY26 Non-Interest Income at
INR 6,759 Crs up 15.4% Y-o-Y
Strong cost control by the Bank enabled restricting Operating Costs growth- at INR
2,750 Crs, up only 1.8% Y-o-Y and down 4.0% Q-o-Q. FY26 Operating Costs at INR
11,029 Crs grew only 4.6% Y-o-Y
Non-tax Provision Costs at INR 188 Crs down 41.0% Q-o-Q. FY26 Non-tax Provisions
at INR 912 Crs down 16.0% Y-o-Y
Operating Profit for Q4FY26 at INR 1,618 Crs, up 23.1% Y-o-Y & 31.2% Q-o-Q. FY26
Operating Profit at INR 5,506 Crs up 29.4% Y-o-Y
Net Profit for Q4FY26 at INR 1,068 Crs, up 44.7% Y-o-Y & 12.3% Q-o-Q. FY26 Net Profit
at INR 3,476 Crs up 44.5% Y-o-Y
Q4FY26 RoA at 1.0% v/s 0.7% in Q4FY25 & 0.9% in Q3FY26. FY26 RoA at 0.8% v/s 0.6%
in FY25
RoE at 8.4% for Q4FY26, v/s 6.2% in Q4FY25 and 7.7% in Q3FY26. FY26 RoE at 7.0% v/s
5.2% in FY25
Balance Sheet
Net Advances at INR 2,73,445 Crs, registered growth of 11.1% Y-o-Y and 6.2% Q-o-Q,
driven by acceleration across business segments
• Retail Assets Disbursement, up 41% Y-o-Y
• Corporate & Institutional Banking Advances up 19.7% Y-o-Y; Commercial Banking
Advances up 14.5% Y-o-Y; Retail Banking Advances up 4.7% Y-o-Y
C/D ratio at 85.7% v/s 86.5% in Q4FY25 and 88.0% in Q3FY26
Total Deposits at INR 3,18,969 Crs grew 12.1% Y-o-Y & 9.0% Q-o-Q with continued
outperformance in CASA Deposits
• CASA Deposits at INR 111,959 Crs grew 14.9% Y-o-Y; CASA AQB (Avg. Quarterly
Balance) growth was also strong at 11.2% Y-o-Y
• CASA Ratio at 35.1% v/s 34.3% in Q4FY25 and 34.0% in Q3FY26
• CA balances grew 20.8% Y-o-Y and 28.2% Q-o-Q
• SA balances grew 10.1% Y-o-Y and 1.6% Q-o-Q
Average Quarterly LCR during the quarter remains healthy at 119.0%
CET I Ratio stands at 13.8% v/s 13.5% in Q4FY25 and 13.9% in Q3FY26
• RWA to Total Assets at 69.7% v/s 71.3% in Q4FY25 and 73.9% in Q3FY26
PSL shortfall Deposits at INR 27,931 Crs - lower 24.5% Y-o-Y and 4.4% Q-o-Q, now
account for 6.0% of Total Assets; consequently, Borrowings down 9.4% Y-o-Y
Asset Quality
GNPA Ratio at 1.3% in Q4FY26 down 30 bps Y-o-Y and 20 bps Q-o-Q
NNPA Ratio at 0.2% in Q4FY26 down 10 bps both Y-o-Y and Q-o-Q
PCR at 81.9% in Q4FY26 v/s 79.7% in Q4FY25 and 83.3% in Q3FY26
Net Credit Costs for the quarter stood 0.2% of Avg. assets for the quarter v/s. 0.3% Q4FY25.
FY26 Credit Costs restricted to 0.2% v/s. 0.3% in FY25
Gross Slippages for Q4FY26 at INR 1,102 Crs (1.6% of Advances) v/s INR 1,050 Crs (1.6% of
Advances) in Q3FY26
Retail Banking Slippages at their lowest in past 9 quarters at INR 888 Crs (2.8% of
Advances) v/s. INR 1,026 Crs (3.4% of Advances) in Q3FY26
Recoveries & Upgrades for Q4FY26 at INR 1,547 Crs & INR 4,795 Crs for FY26, incl. P&L gain
from Security Receipts of INR 446 Crs for Q4FY26 & INR 1,559 Crs for FY26
Other Highlights/ Achievements
Opened 6 new branches in Q4FY26 and 82 branches in FY26
ESG Ratings and Indices:
• Only Indian Bank to be included in the S&P Global Sustainability Yearbook 2026
• Included in the FTSE4Good Index Series for the third consecutive year (2023, 2024, 2025)
• YES BANK continues to be rated the highest in its corporate ESG Rating amongst Indian
Bank by ISS Stoxx
Recognized as a Great Place to Work® for the fourth consecutive year, reflecting YES
BANK’s strong culture of trust, inclusion, and collaboration
Rolled out YES Grandeur Business, a premium banking suite delivering enhanced business
solutions, digital integrations, and operational benefits for modern enterprise
Released the FICCI–YES BANK Report on “Vehicle Electrification: An Export Perspective
for India” at the National Conference on Electric Vehicles 2026, reinforcing industry thought
leadership
Introduced ACIC Launchpad - Early Startup Pitch Challenge, promoting tech. driven
entrepreneurship across sectors like AI, FinTech, AgriTech, EdTech, Energy, & Data
Analytics
