- Bank maintains profit momentum; significantly improves asset quality and is steadily gaining investor confidence
Gujarat, Ahmedabad 24 April 2025: YES BANK, one of India’s largest private sector lenders, has demonstrated sustained growth in Q4FY25 after three successive quarters of impressive momentum. Net profits for Q4FY25 stand at INR 738 crores while that for the fiscal is at INR 2,406 crores, up 92.3% Y-o-Y. With its highest ever quarterly and fiscal net profit since reconstruction, the Bank has provided several other reasons for stakeholders to cheer.
Advances growth during the quarter was led by SMEs (23.6% Y-o-Y) and mid-corporate (21.8% Y-o-Y) with corporate and retail advances being calibrated in line with strategic imperatives. Since March 2020, retail and SME advances have grown ~ 60% as compared to 36% in March 2020.
Net Interest Margin (NIM) is at 2.4% for the fiscal while Net Interest Income (NII) for FY25 has grown 10.5% Y-o-Y. Non-Interest Income has grown 14.5% Y-O-Y while Cost to Income ratio is at 71.3% in FY25 compared to 74.4% in FY24.
YES BANK already has a higher than industry average on deposits growth which has been continued in Q4FY25 as well. CASA Ratio has gone up 34.3% compared to 30.9% in Q4FY24 with 2,58,000 CASA accounts being opened in the quarter and as many as 1,315,000 CASA accounts being opened during the financial year.
On the asset quality front, the Bank’s Net Non-Performing Assets (NNPAs) + net carrying value of Security Receipts (SRs) as a percentage of advances reduced to 0.3% compared to 1.1% in Q4FY24. Similarly, gross slippages stood at 2.0% of advances compared to 2.2% in Q4FY24.
An able leadership driving the bank’s strategic vision; focus on building an agile organisation; significantly improved asset quality metrics and accelerated growth metrics quarter on quarter have enabled YES BANK to transform its image and operations since the reconstruction in March 2020.
