Yes Bank Fundamental Analysis in details

Loan growth is accelerating Net advances reached approximately ₹2.85 lakh crore, up 18.3% YoY. Corporate and Institutional Banking loans grew particularly strongly at around 41.4% YoY, commercial banking increased 16.9%, while retail grew around 6.9%. This is good for future interest income, although very fast corporate growth needs monitoring to ensure underwriting standards remain conservative. Impact: 🟢 Positive, but asset quality must be watched 3. Deposit franchise is improving Deposits reached approximately ₹3.15 lakh crore, up 14.3% YoY. CASA deposits were around ₹1.03 lakh crore and CASA ratio stood at 32.7%. Liquidity coverage ratio remained healthy at 138.5%. Deposit growth is particularly important for YES Bank because rebuilding depositor confidence has been central to the post-2020 recovery. Impact: 🟢 Positive 4. Asset quality has improved dramatically This is probably one of the strongest parts of the YES Bank turnaround. Screener shows GNPA falling from 2.0% in June 2023 → 1.7% → 1.6% → 1.5% → 1.3% currently, while Net NPA has fallen from approximately 1% to only 0.2%. Gross slippages in Q1 FY27 also fell to around ₹964 crore, compared with ₹1,458 crore a year earlier, while retail slippages were reported at their lowest level in roughly ten quarters. Impact: 🟢🟢 Major fundamental positive 5. SMBC's 24.9% stake is perhaps the biggest long-term trigger Sumitomo Mitsui Banking Corporation now owns 24.9% of YES Bank, making it the largest shareholder. Impact: 🟢🟢 Very strong structural positive