YES Bank Targets 1% ROA by FY26 End, CFO Reveals Recovery Path
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News18•22-02-2026, 15:15
YES Bank Targets 1% ROA by FY26 End, CFO Reveals Recovery Path
•YES Bank aims for a 1 percent Return on Assets (ROA) by the end of the current fiscal year, according to CFO Niranjan Banodkar.
•The bank expects its annual ROA to exceed 1 percent in the next fiscal year.
•For the December quarter, YES Bank reported a net profit of Rs 952 crore, a 55 percent annual growth, with annualized ROA improving to 0.9 percent.
•Sumitomo Mitsui Banking Corporation (SMBC) acquired a 24.9 percent stake in YES Bank for approximately Rs 16,000 crore last year.
•The bank is focused on resolving legacy priority sector lending (PSL) shortfalls and reducing Rural Infrastructure Development Fund (RIDF) balances to improve profitability.
