CASA Ratio
35.1%
+80bps YoY
CASA balances crossed ₹1 lakh crore milestone, growing 14.9% YoY.
YESBANK
Financial Services
18 Apr 2026
Yes Bank Limited — Q4 FY26
Yes Bank delivered a strong Q4 FY26 with net profit of ₹1,068 crore (+44.7% YoY), driven by NII growth of 15.9% YoY to ₹2,638 crore and NIM expansion of 20bps YoY to 2.7%.
✓ Verified against BSE filing
2-Min Summary
✦ AI-Generated from Full Transcript
Yes Bank delivered a strong Q4 FY26 with net profit of ₹1,068 crore (+44.7% YoY), driven by NII growth of 15.9% YoY to ₹2,638 crore and NIM expansion of 20bps YoY to 2.7%. Asset quality improved to best-in-class levels: GNPA 1.3% and NNPA 0.2%, with retail slippages at a nine-quarter low. The bank achieved 1% ROA, in line with guidance, supported by lower credit costs (0.17% in Q4) and a 63% cost-to-income ratio. Management guided for loan growth of 13-15% in FY27, sustained margin improvement via RIDF rundown (target below 5% of assets by FY27), and core ROA improvement of 25-50bps. Key risk: potential adverse Supreme Court ruling on AT1 bonds could impact capital adequacy.
Key Numbers
Retail Disbursement Growth
41%
+41% YoY
Retail disbursements grew 41% YoY in Q4, indicating strong momentum.
Gross Slippage Ratio
1.8%
-30bps YoY
Improved from 2.1% in FY25, led by retail slippage reduction to 2.8% exit rate.
RIDF Deposits as % of Assets
6%
-300bps YoY
Reduced from 9% in FY25; target below 5% by FY27 to aid margins.
Management Guidance
Loan growth of 13-15% in FY27
Management expects advances growth in line with industry, targeting 13-15% for FY27, driven by secular momentum across retail, commercial, and corporate segments.
Management guidance growthRIDF deposits to reduce by ₹6,500-9,000 crore in FY27
RIDF and other mandated deposits expected to decline by at least ₹6,500 crore, potentially up to ₹9,000 crore, by March 2027, supporting margin expansion.
Management guidance marginsCore ROA improvement of 25-50bps over next 2-3 years
Excluding JC Flower ARC recoveries, management aims to improve core ROA by 25-50bps through higher NIM, cost discipline, and lower credit costs.
Management guidance marginsNIM target of 3.25-3.5% over 2-3 years
Structural margin target of 3.25-3.5% over a 2-3 year horizon, driven by RIDF rundown, lower cost of deposits, and improving loan mix.
Management guidance marginsKey Risks
AT1 bonds adverse judgment
Supreme Court has reserved judgment on the AT1 bonds write-down; an adverse ruling could impact capital adequacy and investor confidence.
high · analyst_questionGeopolitical tensions impacting infras segment
West Asia war could have second-order effects on inflation and client stress in the infrastructure segment, a key growth driver.
medium · analyst_questionRetail asset quality normalization
While retail slippages improved to 2.8% exit rate, unsecured portfolios (credit cards, personal loans) remain elevated; any deterioration could pressure credit costs.
medium · data_observationNotable Quotes
Execution, discipline, and stakeholder trust will remain central to how we operate.
We do believe that we're a franchise that indeed should be delivering growth in line with industry, if not targeting more.
The provisioning that we've done on certain product in no way reflect an underlying credit issue or an impairment.
Frequently Asked Questions
What was Yes Bank's revenue in Q4 FY26?
Yes Bank reported revenue of — in Q4 FY26, representing a — change compared to the same quarter last year.
What guidance did Yes Bank management give for FY27?
Loan growth of 13-15% in FY27: Management expects advances growth in line with industry, targeting 13-15% for FY27, driven by secular momentum across retail, commercial, and corporate segments. RIDF deposits to reduce by ₹6,500-9,000 crore in FY27: RIDF and other mandated deposits expected to decline by at least ₹6,500 crore, potentially up to ₹9,000 crore, by March 2027, supporting margin expansion. Core ROA improvement of 25-50bps over next 2-3 years: Excluding JC Flower ARC recoveries, management aims to improve core ROA by 25-50bps through higher NIM, cost discipline, and lower credit costs. NIM target of 3.25-3.5% over 2-3 years: Structural margin target of 3.25-3.5% over a 2-3 year horizon, driven by RIDF rundown, lower cost of deposits, and improving loan mix.
What are the key risks for Yes Bank in FY27?
Key risks include AT1 bonds adverse judgment — Supreme Court has reserved judgment on the AT1 bonds write-down; an adverse ruling could impact capital adequacy and investor confidence.; Geopolitical tensions impacting infras segment — West Asia war could have second-order effects on inflation and client stress in the infrastructure segment, a key growth driver.; Retail asset quality normalization — While retail slippages improved to 2.8% exit rate, unsecured portfolios (credit cards, personal loans) remain elevated; any deterioration could pressure credit costs..
Did Yes Bank meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full Yes Bank Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary verified against official BSE/NSE filings.