365telugu.com online news,Mumbai, October 24th, 2025:YES BANK, India’s sixth-largest private sector bank, reported strong Q2FY26 results with Profit After Tax (PAT) surging 18.3% year-on-year to ₹654 crore. The bank’s operating profit reached ₹1,296 crore, reflecting a significant 32.9% YoY and 31.8% QoQ growth.
Net Interest Income (NII) for the quarter stood at ₹2,301 crore, marking a 4.6% YoY increase. The Net Interest Margin (NIM) remained stable at 2.5%, with a 10 basis points (bps) improvement YoY. Non-Interest Income rose to ₹1,644 crore, up 16.9% YoY.
The bank’s operating profit growth was supported by disciplined cost management, with the Cost-to-Income Ratio declining to 67.1%—the fifth consecutive sequential reduction. Return on Assets (RoA) improved to 0.6% from 0.5% in Q1FY26.
Balance sheet expansion remained robust, with total deposits growing 6.9% YoY and 7.4% QoQ to ₹2,96,276 crore. The CASA ratio strengthened notably to 33.7%, up 170 bps YoY and 90 bps QoQ, driven by a 12.5% rise in CASA deposits. Net advances expanded 6.4% YoY and 3.8% QoQ to ₹2,50,212 crore.
Mr. Prashant Kumar, Managing Director & CEO, YES BANK, commented: “The Bank achieved strong results across key metrics in Q2FY26. Deposit growth outpaced industry trends, especially in CASA. Loan disbursements grew sequentially, with retail segment expansion at around 20% QoQ.
Asset quality improved through reduced slippages and better Provision Coverage Ratio. NIM stability was maintained via lower RIDF balances and deposit repricing, offsetting asset yield pressures.
Core fee income grew healthily from forex, processing fees, and distribution channels, while expenses were controlled, boosting core profitability. This positions us for an RoA of 0.7% in H1FY26, on track for our 1% RoA target by FY27.”
Additional milestones included Sumitomo Mitsui Banking Corporation (SMBC) becoming the bank’s largest shareholder with a 24.2% stake, nominating Mr. Rajeev Veeravalli Kannan and Mr. Shinichiro Nishino as Non-Executive and Non-Independent Directors.
The bank’s credit rating was upgraded to AA- by domestic agencies, and it has opened 43 of the 80 planned branches for FY26.