YES Bank Starts FY27 With Strong Growth Momentum, Higher Profitability, Improved Asset Quality And Rating Upgrades

Key Highlights:

* The Bank earned a net profit of INR 1,071 crores in Q1 FY27, up 33.7% Y-o-Y

* Total Deposits stood at INR 3,15,373 crores, up 14.3% Y-o-Y

* CASA Ratio at 32.7% v/s 32.8% in Q1FY26 and 35.1% in Q4FY26

* Net Advances at INR 2,85,118 crores, up 18.3% Y-o-Y

The Bank's operating profit grew to INR 1,704 crores in Q1FY27, up 25.5% Y-o-Y

YES BANK announced strong financial results for Q1FY27, showing growth in profitability, improved asset quality, and multiple upgrades by rating agencies.

The Bank reported a net profit of INR 1,071 crore in Q1FY27, registering a robust Y-o-Y growth of 33.7% over Q1FY26, underscoring the sustained momentum in earnings. The Bank’s Net Interest Income stood at INR 2,786 crore for Q1FY27, a growth of 17.5% Y-o-Y. The Non-Interest Income grew to INR 1,798 crores, up by 2.6% Y-o-Y.

The Bank's cost-to-income ratio improved to 62.8% from 63% in Q4FY26 and 67.1% in Q1 FY26. The Return on Assets (RoA) was at 0.9% in Q1FY27, versus 1.0% in Q4FY26. Total deposits grew 14.3% Y-o-Y to INR 3,15,373 crores. CASA deposits grew by 14.3% Y-o-Y to INR 103,233 crores. The CASA ratio stood at 32.7% in Q1FY27.

Retail Assets disbursements remained strong, and grew by 27.5% Y-o-Y. YES BANK's asset quality in Q1FY27 remained strong, as GNPA Ratio stood at 1.3% in Q1FY27 which is down 30 bps Y-o-Y, and NNPA Ratio stood at 0.2% Y-o-Y. The Provision Coverage Ratio (PCR) stood at 81.7% - which is amongst the top quartile within the peer set

Commenting on the results and financial performance, Mr. Vinay M. Tonse, Managing Director & Chief Executive Officer, 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.”

During the quarter, YES BANK has received multiple upgrades from credit rating agencies such as - Moody's upgraded to ‘Ba1’/ Stable, CareEdge upgraded to ‘CARE AA+ (Stable)’ and ICRA upgraded to ‘AA (Stable)’.

The Bank also received its inaugural international credit rating of ‘BB+’ / Stable from S&P Global. On the ESG front, the Bank was included in the FTSE4Good Index Series for the fourth consecutive year and was recognised as the 'Most Sustainable Bank' at the Business Today – India's Most Sustainable Companies 2026 summit and awards. Additionally, the Bank was recognised among the Top 25 India's Best Workplaces™ in BFSI 2026 by Great Place to Work® India.

About YES BANK

YES BANK is one of the leading new generation private sector banks in India, headquartered in Mumbai. The Bank offers a wide range of banking services such as Corporate & Institutional Banking, Retail Banking, MSME, Transaction Banking and Treasury. The Bank has over 1300 branches, 200+ Business Correspondent Banking Outlets (BCBOs) and more than 1350 ATMs (including CRMs and BNAs) spanning across 300 districts of India. YES BANK operates an International Banking Unit (IBU) at GIFT City and also has a Representative Office in Abu Dhabi, strengthening its cross-border capabilities.

YES Securities, a subsidiary of the BANK provides a wide range of broking and investment products to Retail, HNI, and Institutional clients. YES Foundation, the CSR arm of YES BANK drives social impact agenda across areas such as livelihoods, education, skilling, sustainability and community development, reinforcing its commitment to responsible and inclusive banking.

For more information, visit the Bank's website at https://www.yes.bank.in/