Yes Bank In Focus as Q4 Profits rise 45% to ₹1,068 cr, loans grow 10.7% YoY

Mumbai: Yes Bank delivered a standout performance for Q4 FY26, with net profits rising 45% to ₹1,068 cr as the private sector lender saw a robust growth in Net Interest Income (NII) and a significant reduction in credit costs.

These results come after the full reporting period following the takeover of the bank by Japan-based Sumitomo Mitsui Banking Corporation (SMBC). Through its involvement, the management could focus on growing the bank, rather than just cleaning up its operations. The bank also saw a 10.7% loan growth across segments, focusing on a retail-first model. Along with that, the bank’s SME (Small and Medium Enterprise) book saw a double digit expansion, boosted by the government’s digital credit initiatives and Yes bank’s revamped digital onboarding processes. 

Besides this, the management has indicated that the company’s bad loans have been largely transferred to Asset Reconstruction Companies (ARCs) while offering a fresh capital buffer from SMBC. For the next fiscal year, the company will aim to expand its CASA (Current Account Savings Account) ratio and increase the share of its high-margin retail loans. 

“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 broad-based growth across advances and deposits, underpinned by a robust CASA-led deposit engine that contributed to lower Cost of Deposits,” Vinay M. Tonse, Managing Director & CEO, YES BANK said in a press release. 

“FY26 also marked an important strategic milestone with SMBC becoming our largest shareholder, reaffirming global institutional confidence in the Bank’s long-term potential. As we move into FY27, our priorities remain firmly anchored in strengthening the franchise, accelerating high-quality growth, and advancing our journey toward building a resilient YES Bank that consistently creates sustainable value for all stakeholders,” he added.