YES BANK reported further improvement in asset quality for the March quarter, with gross non-performing assets ratio declining to 1.3%, down 30 basis points year-on-year and 20 basis points quarter-on-quarter. Net NPA ratio stood at 0.2%, down 10 basis points both year-on-year and sequentially.
The provision coverage ratio improved to 81.9% in Q4 FY26, compared with 79.7% a year ago, reflecting stronger balance sheet buffers. Return on assets improved to 1% from 0.7% in the year-ago quarter.
Mr. Vinay M Tonse, Managing Director & Chief Executive Officer, YES BANK, said, “YES BANK concluded FY26 on a strong footing, with Q4 RoA at 1.0%, supported by a 20 bps improvement in NIMs, better cost efficiency, and the lowest GNPA and NNPA levels since FY20. Growth remained broad-based across advances and deposits, led by a strong CASA franchise that helped lower funding costs. FY26 also marked a strategic milestone with SMBC becoming our largest shareholder. As we enter FY27, our focus remains on strengthening the franchise, accelerating high-quality growth, and creating sustainable long-term value.”
The lender said these metrics reflect continued focus on profitability and prudent risk management.
