Yes Bank announced its financial outcomes for the quarter and half-year ending on September 30, 2025. The bank reported a net profit of Rs 654 crore, marking an 18.3% increase from Rs 553 crore in the same period last year. Net interest income (NII) rose by 4.6% year-on-year to Rs 2,301 crore from Rs 2,200 crore in Q2FY25.

Yes Bank’s non-interest income saw a significant rise of 16.9% year-on-year, reaching Rs 1,644 crore. When adjusted for treasury income, this figure represents an 18.2% quarter-on-quarter and an 11.8% year-on-year increase. The bank’s net advances grew to Rs 2,50,212 crore, reflecting a growth of 3.8% quarter-on-quarter and 6.4% year-on-year.

The total deposits at Yes Bank reached Rs 2,96,276 crore, showing a growth of 6.9% year-on-year and 7.4% quarter-on-quarter. The CASA ratio improved to 33.7%, up from 32.0% in Q2FY25 and 32.8% in Q1FY26. This indicates a positive trend in the bank’s deposit base.

Prashant Kumar, Managing Director & CEO of Yes Bank, commented on the results: “The Bank delivered strong performance across key operating metrics during Q2FY26. Deposit growth momentum sustained, with continued outperformance relative to the industry, particularly in CASA deposits.”

Asset quality showed improvement with a decline in fresh slippages and overdue balances. The Provision Coverage Ratio also improved during the quarter. The Net Interest Margin (NIM) remained stable at 2.5%, aided by lower RIDF balances and deposit rate actions.

Prashant Kumar further stated: “Asset quality further strengthened during the quarter, with decline in fresh slippages and overdue balances as well as an improvement in Provision Coverage Ratio.”

Branch Expansion and Credit Ratings

Yes Bank has opened 43 new branches so far in FY26 out of its target of opening 80 branches for the entire year. This expansion is part of the bank’s strategy to enhance its reach and customer base across India.

The bank’s credit rating has been upgraded to AA- by India Ratings and CRISIL. All domestic credit rating agencies now rate Yes Bank at AA-. This reflects increased confidence in the bank’s financial stability and performance.

The NNPA Ratio stood at 0.3% in Q2FY26, down by 20 basis points year-on-year and flat quarter-on-quarter. Meanwhile, the GNPA Ratio remained steady at 1.6%, unchanged both year-on-year and quarter-on-quarter.

SMBC became the largest cross-border investor in an Indian private sector bank with a 24.2% stake in Yes Bank during the quarter. SBI continues to hold a significant stake with more than a 10% shareholding.

“All these enabled the Bank to deliver an RoA of 0.7% for H1FY26 and we firmly remain on track to achieve the stated objective of 1% RoA by FY27,” added Prashant Kumar.