Yes Bank Prioritizes Profitable Growth Amidst Deposit Challenges: CEO Prashant Kumar

• Yes Bank CEO Prashant Kumar highlights deposit growth as the banking sector's biggest structural challenge, with loan growth consistently outpacing deposit mobilisation.
• The bank is pursuing a strategy of profitable and sustainable growth, reporting over 5% YoY growth in advances and deposits in Q3FY26, despite a sequential deposit decline.
• Credit growth is broad-based, improving across corporate, rural, and urban consumption sectors, with corporate lending picking up.
• Yes Bank focuses on retail lending, which forms nearly half its loan book, and is evaluating entry into segments like gold loans and scaling up wealth management, leveraging its SMBC partnership.
• The bank's outlook remains positive, supported by India's economic momentum and government initiatives, aiming for a rating upgrade and double-digit loan growth.

Why It Matters: Yes Bank prioritizes profitable, sustainable growth and strategic expansion despite deposit challenges.