Yes Bank Limited · NSE:YESBANK
Yes Bank — Q3 FY2025 Earnings Presentation
71 slides from Yes Bank's earnings presentation, Jan 25, 2025
Slide 1: Exchange cover letter: Press Release and Investor Presentation Q3
YBL/CS/2024-25/164 January 25, 2025 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Corporate Relations Department Plot no. C/1, G Block, P.J. Towers, Dalal Street Bandra - Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai - 400 051 BSE Scrip Code: 532648 NSE Symbol: YESBANK Dea
Slide 2: Press Release: Key Highlights
January 25, 2025 YES BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2024 Key Highlights ▪ Net Profit for Q3FY25 at INR 612 Crs at 2.6x of Q3FY24 Net Profits and up 10.7% Q-o-Q • Operating Profit at INR 1,079 Crs up 24.9% Y-o-Y and 10.6% Q-o-Q • NII at INR 2,224 Crs for Q3FY25 up
Slide 3: Financial Highlights
Financial Highlights Profit and Loss ▪ NII at INR 2,224 Crs for Q3FY25 up 10.2% Y-o-Y ▪ NIMs at 2.4% flat on both Y-o-Y and Q-o-Q basis ▪ Non-Interest Income for Q3FY25 at INR 1,512 Crs. up 26.6% Y-o-Y and 7.5% Q-o-Q. ▪ Operating Costs at INR 2,657 Crs up 13.2% Y-o-Y and only 0.9% Q-o-Q. • PSLC cost
Slide 4: Asset Quality and Key Initiatives
Asset Quality ▪ (NNPA + net carrying value of SR) as % of Advances significantly lower on Y-o-Y and Q-o-Q basis at 0.6% in Q3FY25 v/s. 1.7% in Q3FY24 and 0.9% in Q2FY25; Non Tax Provisions at 0.2% of Average Assets for Q3FY25 (on annualized basis) • GNPA ratio lower on Y-o-Y and flattish on Q-o-Q ba
Slide 5: Financial Highlights from Q3FY25
Email: neha.chandwani@yesbank.in Financial Highlights from Q3FY25 Profit & Loss Statement Highlights (INR Crs) Q3FY25 Q2FY25 Growth % Q3FY24 Growth % Net Interest Income 2,224 2,200 1.0% 2,017 10.2% Non-Interest Income 1,512 1,407 7.5% 1,195 26.6% Total Net Income 3,736 3,607 3.6% 3,211 16.3% Operat
Slide 6: Investor Presentation Q3FY25 Financial Results
INVESTOR PRESENTATION Q3FY25 Financial Results January 25, 2025 Open Customer Market Solutions Solutions
Slide 7: Contents
Contents Overview Financial Results- Q3FY25 YES BANK Franchise 2
Slide 8: New Generation, Professionally Run Private Sector Bank with a Scalable Platform
New Generation, Professionally Run Private Sector Bank with a Scalable Platform • 6th Largest Private Sector 1, Universal Bank offering comprehensive suite of product and services via its pan India network of 1,247 branches, 222 BCBOs and 1,326 ATMs (including CRMs and BNAs) in over 300 districts of
Slide 9: Deposits Metrics consistently outperforming Industry
Deposits Metrics consistently outperforming Industry All figures in INR Crs Deposits traction : consistent outperformance to Industry Outperformance even more significant in CA Deposits Strong pickup in SA post strategic de-bulking till H1FY24 Total Deposits YoY Growth Industry Growth Current Accoun
Slide 10: Sustained improvements in Asset Quality
Sustained improvements in Asset Quality All figures in INR Crs Sustained improvement in GNPA, NNPA & Net carrying value of SRs Consistent improvement in Provision Coverage ratio Reduction in Std. Restructured Accounts (Gross) Gross NPA (%) Net NPA (%) Net Carrying Value of SRs PCR (%) PCR incl. T W/
Slide 11: Retail slippages flat on Q-o-Q basis
Retail slippages flat on Q-o-Q basis All figures in INR Crs Retail Slippages flat Q-o-Q: in absolute terms and as % of Book Due to recent growth slowdown, better to be seen on 1 Year lagged basis Early delinquencies i.e. 30+ also showing signs of flattening out Retail Segment Slippages % of Retail A
Slide 12: Improving Profitability- remains a key focus area
Improving Profitability- remains a key focus area Key Levers Resolution of PSL (Priority Sector Lending) shortfall related drag Focus Target Metrics Page No. Ensuring full PSL compliance1 through organic sourcing, BC partnerships and Inorganic Interventions Organic PSL balances & reduction in shortf
Slide 13: Several Business outcomes demonstrating effective execution of Strategic Objectives
Several Business outcomes demonstrating effective execution of Strategic Objectives All figures in INR Crs Higher share of RoA Accretive Retail Products Increasing share of Internal Sourcing in Retail Advances Strong growth in Retail & Branch Banking Deposits led by CASA Retail & Branch Banking Depo
Slide 14: Significant progress on ensuring PSL compliance
Significant progress on ensuring PSL compliance Sustained momentum in Organic balances; NIL Shortfalls in Overall and Sub-categories Comprehensive strategy adopted & currently under execution to substantially reduce the quantum of RIDF balances over 2-3 years timeframe • Ensuring NIL shortfalls in o
Slide 15: Balance Sheet mix now stabilizing
Balance Sheet mix now stabilizing Stabilization in mix reflecting in sequentially better outcomes over last 2 consecutive Quarters Significant shift in Balance Sheet and Income mix towards higher C/I intensive segments over the last few years. Advances mix largely stable over last few quarters Advan
Slide 16: Retail Assets- Product and Sourcing Mix calibration
Retail Assets- Product and Sourcing Mix calibration oriented towards profitability improvement All figures in INR Crs Broadly retained product risk profile through Mix Optimization within existing product 1 Calibration in Disbursement growth with focus on profitability 2 categories RoA Accretive Pro
Slide 17: SME Segment: Niche Segment with Proven Expertise
SME Segment: Niche Segment with Proven Expertise Granular Book with improving Income generation All figures in INR Crs 1 High quality & well diversified granular book with best-in-class Asset Quality 2 Sustainable Product Mix Book Split by Ticket Size (count of customers) 5% 4% 0 - 0.5 Cr SME GNPA %
Slide 18: Mid Corporate Segment
Mid Corporate Segment Strong Competitive Advantage aided by Relationships, Expertise & Solutioning All figures in INR Crs 1 Steady growth in Balances in the Mid Corporate segment 2 Strong source of Fee Income Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 9MFY25 Mid Corporate Fees As % of Advances 26.7%
Slide 19: Maximizing Branch Distribution as Fulcrum of Business
Maximizing Branch Distribution as Fulcrum of Business Leveraging existing (and growing) network to offer full spectrum of products All figures in INR Crs Branch Banking led Deposits: 22.6%CAGR (FY23-Q3FY25) Deposits Outperformance in Branch Banking – even Branch led sourcing of Assets and distributi
Slide 20: Non-Interest Income: Strong Traction in Granular and Transactional Fee Streams
Non-Interest Income: Strong Traction in Granular and Transactional Fee Streams 1 Strong Traction in Non-Interest Income, even in the case of Core Fees 1 2 Steady Contribution to RoA FY23 FY24 Q3FY24 Q2FY25 Q3FY25 Core Fees as % of Assets 38.8% Y-o-Y 38.1% Y-o-Y 5,114 1.3% 1.3% 4,837 1.3% 1.3% 1.0% 3
Slide 21: Digital @ Banking
Digital @ Banking A blend of distinctive capabilities, integrated strategy and multi pronged delivery channels aimed at enhancing skill with better efficiency and profitability Distinctive Capabilities Business Integrated Strategy Multi Pronged Delivery Market Leadership – YBL processes ~1 in 3 ‘Del
Slide 22: IRIS: Next Gen Retail Super App
IRIS A Next Gen ‘all-in-one’ Retail SUPER APP Gaining Strong Traction Since Go Live in Aug 2023 ✓34.1 lakh ✓19.2 Lakh ✓~23,000 ✓4.7 Lakh ✓154 Lakh ✓332 Lakh Registered Monthly Active PL Sourced RuPay Cards Service Request Transactions Users Users1 issued Handled ~56% of ~2,500 PL ~45,000 Cards 10.9%
Slide 23: IRIS Biz
NEW IRIS Biz A Next Gen ‘all-in-one’ Business SUPER APP 100+ Banking Features across Web & Mobile Payments | Collections | Trade Finance | Supply Chain | Business Loans | Liquidity Mgmt | more.. 2 Lakhs + Scan 45,000+ 7 Lakhs + 2000 + 330 + to Registered watch Active Customers Transactions Tax Bill
Slide 24: YES PAY NEXT
NEW YES PAY NEXT A Next Gen ‘UPI’ Payment App UPI Payments | Bill Payment & Recharge | UPI Lite | Autopay Available in 2 languages | Gift cards, Vouchers & more... App store ratings 20 Lakhs + 25% 20% 4.8 Registered customers MOM Growth in User Base Monthly transacting users 4.7 Top plugin partners
Slide 25: YES Pay Biz
NEW YES Pay Biz One Stop Solution for Merchants Collect | Manage | Grow 50 Lakhs App Store Ratings- 32,000+ 60% Monthly transactions valuing INR Registered Merchants Monthly transacting merchants 4.4 400 Crores On demand Instant Settlements | Multiple Collection Modes| Sub-User Management |Available
Slide 26: YES Connect: Enriched Customer Experience
YES Connect : Enriched Customer Experience Super App for Businesses API’fication of our Marketplace model Sachetization of Solutions across Industry Segments (YES Bank + Partner Offerings) YES Bank Services Partner Services Smart FinTechs Collections E-Invoicing Remittances Retailers Exchange Houses
Slide 27: Ecosystem Partners
Ecosystem Partners Digitizing client journeys & creating inorganic client acquisition funnel through Fintech partnerships Partnership roadmap of Digital & Transaction Banking Source Digital Onboard Digital Transact Digital Service Phygital Monitor Digital ▪ Digital Acquisition at ▪ Digital Client On
Slide 28: Transaction Banking
Transaction Banking Leveraging the strength of solutioning, leading to granular CASA, NFB, Fee, NII & FX Revenue Sachetization of Transaction Banking: STRENGTHENING Curated Solutioning by Client Segments FRANCHISE 17.11% growth Market Leadership – YBL Large Corporate FinTech & 24% YTD of NFB* book &
Slide 29: Powering Digital India with our Distinctive Capabilities
Powering Digital India with our Distinctive Capabilities #1 UPI Payee PSP Bank Powering ~300 mn txn daily #2 UPI Payer PSP Bank Powering ~164 mn txn daily CAGR 80.1% (Q4FY22-Q3FY25) CAGR 42.36% (Q4FY22 Q3FY25) 38.64% 35.44% 31.86% 28.70% 54.3% 34.68% 33.30% 56.1% 54.7% 35.04% 29.69%27.01% 40.0% 37.8
Slide 30: Responsible franchise with sustainability at its core
Responsible franchise with sustainability at its core – Highest rated Indian Bank in ESG MSCI CRH S&P Global CDP Ranked highest FTSE4Good Highest rated Indian Index Constituent of ESG Score Included in MSCI ACWI’s ESG amongst 35 large Ranked in the 83rd bank for climate Universal Index, ACWI schedul
Slide 31: Integrating ESG considerations across the Bank's business and operations
Integrating ESG considerations across the Bank’s business and operations Environment Social Governance Environmental Management: First Bank 21.8% women participation* in the Bank’s 54% of the Directors on the Bank’s globally with 1,186, ISO 14001:2015 workforce with a target to achieve 25% Board are
Slide 32: Contents
Contents Overview Financial Results- Q3FY25 YES BANK Franchise 27
Slide 33: Results At a Glance – Q3FY25
Results At a Glance – Q3FY25 All figures in INR Crs Arrows indicative of Y-o-Y Trends Total Assets Advances Total Disbursements1 Deposits CD Ratio Advances Mix Retail & SME: Mid Corp: Corporate 413,607 244,834 25,256 v/s. 277,224 88.3% v/s. 58%:16%:26% 8.7%: Y-o-Y 12.6%: Y-o-Y 28,498 Q3FY24 14.6%: Y
Slide 34: Highlights for Q3FY25 (1)
Highlights for Q3FY25 (1) 1 Balance Sheet Highlights 2 ▪ Sustained momentum in Deposit accretion with focus on CASA Ratio expansion and Retail & Branch Banking led Deposits • Deposits grew 14.6% Y-o-Y and flat Q-o-Q ❑ Average Deposit balances up 15.7% Y-o-Y and 2.3% Q-o-Q ❑ Retail & Branch Banking l
Slide 35: Highlights for Q3FY25 (2)
Highlights for Q3FY25 (2) 1 P&L Highlights 2 ▪ Highest ever Quarterly Net Profit since Reconstruction at INR 612 Crs for Q3FY25 up 164.5% YoY & 10.7% Q-o-Q • RoA for Q3FY25 at 0.6% v/s. 0.2% in Q3FY24 & 0.5% in Q2FY25 • Operating Profit at INR 1,079 Crs up 24.9% Y-o-Y and 10.6% Q-o-Q ▪ NII up 10.2%
Slide 36: Profit and Loss Statement
Profit and Loss Statement All figures in INR Crs • Net Profit for Q3FY25 at INR 612 Crs up Quarter Ended Growth 164.5% Y-o-Y and 10.7% Q-o-Q Profit and Loss Statement Q3FY25 Q2FY25 Q3FY24 Q-o-Q Y-o-Y • Operating Profit at INR 1,079 Crs up 24.9% Net Interest Income 2,224 2,200 2,017 1.0% 10.2% Y-o-Y
Slide 37: Break Up of Non-Interest Income
Break Up of Non-Interest Income All figures in INR Crs • Non-Interest Income for Q3FY25 at INR 1 Quarter Ended Growth Break up of Non Interest Income 1,512 Crs, up 26.6% Y-o-Y and 7.5% Q-o-Q Q3FY25 Q2FY25 Q3FY24 Q-o-Q Y-o-Y • Corporate Trade & Cash Mgmt. fees grew Non Interest Income 1,512 1,407 1,1
Slide 38: Break up of Operating Expenses
Break up of Operating Expenses All figures in INR Crs • Operating Costs at INR 2,657 Crs up 13.2% Quarter Ended Growth Y-o-Y and 0.9% Q-o-Q. Break up of Operating Expenses Q3FY25 Q2FY25 Q3FY24 Q-o-Q Y-o-Y • Ex- PSLC costs, Opex grew 12.9% Y-o-Y and only 0.6% Q-o-Q Staff 1,004 1,008 911 -0.4% 10.2% B
Slide 39: Provisions and P&L
Provisions and P&L All figures in INR Crs • Provision cost for Q3FY25 down 26.2% Y-o-Y Quarter Ended Growth Break up of Provisions • Non-Tax provisions lower by 53.4% Y-o- Q3FY25 Q2FY25 Q3FY24 Q-o-Q Y-o-Y Y and 12.9% Q-o-Q Operating Profit/(Loss) 1,079 975 864 10.6% 24.9% • Gross Slippages for Q3FY2
Slide 40: Balance Sheet
Balance Sheet All figures in INR Crs • Balance Sheet grew 8.7% Y-o-Y Balance Sheet 31-Dec-24 30-Sep-24 31-Dec-23 Q-o-Q % Y-o-Y % • Advances growth at 12.6% Y-o-Y Assets 413,607 418,092 380,391 -1.1% 8.7% • Growth momentum sustains in Deposits at Advances 244,834 235,117 217,523 4.1% 12.6% 14.6% Y-o-
Slide 41: Break up of Advances & Deposits
Break up of Advances & Deposits All figures in INR Crs • SME Advances up 26.7% Y-o-Y; Mid Segmental Break up of Advances 31-Dec-24 30-Sep-24 31-Dec-23 Q-o-Q % Y-o-Y % Corporate Advances up 26.7% Y-o-Y Retail 99,805 100,424 103,086 -0.6% -3.2% • Corporate Advances up 26.8% Y-o-Y and SME 41,991 38,982
Slide 42: Break up of Investments
Break up of Investments All figures in INR Crs • Total Net Investments at INR 81,843 Crs Investments Breakup • SLR – INR 71,424 Crs • Non SLR – INR 10,419 Crs • Standard Performing- INR 7,497 Crs: HTM 0.7% 99.9% Rated AA and above • Security Receipts- INR 233 Crs AFS 6.7% • Others1- INR 2,689 Crs SL
Slide 43: NPA Highlights
NPA Highlights All figures in INR Crs • GNPA Ratio at 1.6% in Q3FY25 flat Q-o-Q Asset Quality Parameters 31-Dec-24 30-Sep-24 31-Dec-23 and down 40 bps Y-o-Y Gross NPA (%) 1.6% 1.6% 2.0% Net NPA (%) 0.5% 0.5% 0.9% • NNPA Ratio at 0.5% v/s. 0.9% in Q3FY24 Provision Coverage Ratio excl. Technical W/O (
Slide 44: Summary of Labelled & Overdue Exposures
Summary of Labelled & Overdue Exposures All figures in INR Crs • Slippages of INR 5 Crs in Q3FY25 from 31-Dec-24 30-Sep-24 31-Dec-23 Particulars Standard Restructured Advances pool of Gross Provisions Gross Provisions Gross Provisions Q2FY25 NPA 3,963 2,821 3,889 2,721 4,457 2,523 • Recovery and Rep
Slide 45: CET 1 Ratio at 13.3%
CET 1 Ratio at 13.3%1 1 Bank’s Capital Adequacy Ratio 1 15.9% 16.1% 16.3% RWA to Total Assets at 72.3% vs. 2.6% 2.9% 3.7% CRAR 71.2% in Q3FY24 and 70.7% in TIER II Q2FY25. Q-o-Q Increase led by 13.3% 13.2% 12.6% CET 1 reduction in balances of Deposits placed in lieu of PSL Shortfalls. 31-Dec-24 30-S
Slide 46: Contents
Contents Overview Financial Results- Q3FY25 YES BANK Franchise 41
Slide 47: Retail Bank
Retail Bank: Full spectrum retail bank growing with strong momentum All figures in INR Crs Growth calibration in Retail Advances 1 Pan-India presence via 1,247 branches, 222 BC 72% of branches in 103,086 105,103 101,781 100,424 99,805 banking outlets Top 200 deposit and 1,326 ATMs, centers Q3FY24 Q4
Slide 48: Branch Banking
Branch Banking: Expanding Footprint, Enhanced Digital Cross Sell & Growth in Granular Deposits All figures in INR Crs 1 Branch Network 2 Digital Journeys for seamless Customer Acquisition, Servicing & Cross sell Branches BCBO Assisted Digital Onboarding • ~96% Individual SA opened digitally with ~60
Slide 49: Retail Assets
Retail Assets: Focus on Profitability enhancement All figures in INR Crs 1 Retail Banking asset disbursements1: Calibration in Product & Sourcing mix 2 Diversified retail book2 Secured Business Loans 9,769 Personal Loans 3% 9,517 Home Loans 5% 16% 8,047 7,989 Commercial Vehicle Loans 7,517 6% Auto L
Slide 50: Rural Assets
Rural Assets Deepening the penetration in emerging rural markets & generating Agri PSL All figures in INR Crs 1 Business originations 1 2 Robust Farmer financing and Women Microfinance book 1,126 1,182 ▪ High quality farmer financing book with NPA of 1.9% 963 984 947 ▪ The NPA for Women Microfinance
Slide 51: SME Banking
SME Banking: Strong Book Growth while boosting bottom line All figures in INR Crs 1 Steady growth in funded book 2 Funded and Non-Funded Book composition YoY growth: 26.7% QoQ Growth: 7.7% 19% Working Capital & Term Loan 2% Channel Finance 41,991 38,982 10% 37,147 35,327 Commodity Finance 33,142 30,
Slide 52: Credit Cards
Credit Cards: Strong business growth and enhanced customer experience 1 Sustained Strong Growth in Cards, Book Size & Card Spends 2 Growth in Acquisition and Cross sell No of Cards In (‘000s) ▪ Steady growth in new card acquisition leading to 35% YoY growth in customer base Book Size in Cr 2,465 to
Slide 53: Wholesale Banking
Wholesale Banking Covering diverse Client Segments with deep Product Expertise Indian Scheduled Commercial & Cooperative Banks, International Banks, Global DFIs and DFIs, NBFCs, MFIs, Insurance, Mutual Funds, Stock Cross border Money Transfer Operators Indian Brokers & Payment Operators Internationa
Slide 54: Wholesale Banking Business (1)
Wholesale Banking Business (1) All figures in INR Crs 1 Corporate Book 3 Providing tailored solutions to clients across business segments Funded O/S Non-Funded O/S • Team of 184 Relationship Bankers in 10 cities Large • Focus on providing wide suite of banking products to develop and maintain core 7
Slide 55: Wholesale Banking Business (2)
Wholesale Banking Business (2) Building sustainable Liability Book • Alignment with Govt strategy & fund flow to focus on implementing agencies • Liquidity Mgmt. for Large and Mid-Corporates • Local Bodies, Development Authorities, Smart Cities & • Exporter Accounts Agricultural Bodies Government Co
Slide 56: Large Corporates
Large Corporates Focus Sectors Pan India Presence Products • Presence in 10 major locations • Working capital Finance, Project Finance, • Chemicals • Metals & Mining Supply Chain Finance, FX and Derivatives • Infra - Road & Port • Logistics & Warehousing • Delhi • Bengaluru • Electronics & Electrica
Slide 57: Mid Corporates
Mid Corporates Knowledge Sectors – Media & Growth led by NTB and X-sell - Entertainment, Gems & Jewellery, ECOM Team higher wallet share and Food & Agri, Pharma, Chemicals, Unicorn and Soonicorn Focus productivity Auto ancillary, Logistics, Metals Initiatives to maintain Bank’s Leadership Position i
Slide 58: Indian Financial Institutions
Indian Financial Institutions Co-operative Banks & RRBs Banks & DFIs • Relationship driven, Liability rich product offerings • Strong relationships with Domestic Banks & FIs • Dominant position in Digital offerings for Co-operative Banks • Resource raising in the form of Borrowings & Refinance NBFCs
Slide 59: International Banking
International Banking Accessing International Market Banking with the Providing access to international markets for availing • Resource raising – Trade loans, Bilateral / Syndication world financing, trade services and remittance solutions loans, MTN borrowings • INR borrowings / FD placements Partn
Slide 60: Government Banking
Government Banking Partnering Government for settlement & disbursement Competitive First mover in Key Growth Sectors - Smart Cities, Defense • Central Ministries advantage OFB, Ports • State Governments - Government Fund Flow Management • Local Governments – Urban Local Bodies, Districts & Panchayat
Slide 61: Multinational Corporates
Multinational Corporates Focused Banking for every stage of Multinational Growth Extending YES Bank digital Stack to enable seamless Digital stack banking • Preferred Local Country Bank • Supply chain financing Marquee • Salary Account, Credit Cards, digital transactions Pan-India coverage Core Cove
Slide 62: Project Finance Business & Loan Syndication
Project Finance Business & Loan Syndication Sectoral expertise built over the years across sectors viz. Energy, Ports & Logistics, Transport, Real Estate and demonstrated Distribution capabilities across Banks, NBFCs, FIs Sectoral Knowledge Sector-focused Business Development & Risk Identification B
Slide 63: IFSC Banking Unit - GIFT City
IFSC Banking Unit - GIFT City GIFT, Gandhinagar, Gujarat is the only International Financial Services Centre in India. One of the key strategic focus areas for the Government and recognized as the gateway for financial and investment activities helping onshoring the offshore funds YES Bank was the F
Slide 64: Knowledge Banking
Knowledge Banking Leveraging knowledge as a competitive differentiator to grow Banking Business Business Economics Banking (BEB), Food & Agri Strategic Advisory & Research (FASAR), Corporate & Government Advisory (CGA) • A team of specialists with deep sectoral knowledge and expertise in Economy, Fo
Slide 65: Financial Markets
Financial Markets Customised solutions for clients >15 yrs Remittances 39% YesFX Currency Dedicated experienced product sales managers Exotics Notes 5-15 yrs Imports providing structured hedging solutions Full Yes FxOnline 47% FX Sales Product Suite Pan India Presence through sales centres FX and <5
Slide 66: Robust Governance Structure – Board Members
Robust Governance Structure – Board Members Eminent and Experienced Board Rama Subramaniam Gandhi Atul Malik Sharad Sharma Rekha Murthy Sanjay Kumar Khemani Non-Executive, Part time Chairman, Independent Director Independent Director Independent Director Independent Director Independent Director Nan
Slide 67: Professional and Seasoned Management team
Professional and Seasoned Management team Prashant Kumar Managing Director & CEO, YES Bank Santosh Mishra Niranjan Banodkar Rajan Pental Manish Jain Business Head – PSL & Microfinance Chief Financial Officer Executive Director Executive Director Abhishek Kumar Dheeraj Sanghi Archana Shiroor Gaurav G
Slide 68: Strong people focus: Stable leadership with focus on up-skilling talent
Strong people focus: Stable leadership with focus on up-skilling talent, objective performance management & enabling employee flexibility • Employees in Grades G1 to G3 have an average vintage of ~9 years within the Bank combined with acquisition of top talent from the industry. Leadership Average •
Slide 69: Strong Investor base
Strong Investor base Well diversified Investor base: Shareholding Pattern as on December 31, 2024 Category % STATE BANK OF INDIA Banks 33.7% 24.0% VERVENTA HOLDINGS FDI 16.0% CA BASQUE INVESTMENTS 48.6% 1 Resident Individuals 30.0% LIFE INSURANCE CORPORATION OF INDIA HDFC BANK FPI’s 10.7% 9.2% ICICI
Slide 70: Credit Rating
Credit Rating ICRA Downgrades CARE Upgrades: Basel II Upper Tier II to D from BB BASEL III Tier II to BBB from C INDIA Ratings CARE Downgrades INDIA Ratings Upgrades BASEL II Upper Tier II to BB+ from D CARE Upgrades Ratings across all Outlook-keeps Basel II Upper Tier II to D from C BASEL III Tier
Slide 71: Thank You
Thank You Disclaimer: No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of information or opinions contained herein. The information contained in this presentation is only current as of its date.