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Key Highlights:
• Yes Bank reported a loss of Rs 37.9bn largely due to higher provisions (Rs 52.4bn) during the quarter.
• The liability side improving gradually; still, a long way to go: CASA deposits grew in line with the overall
deposit growth, and the CASA ratio stood at 26.1% as of 4QFY21.
• Yes Bank reported a higher-than-expected loss in Q4 (Rs 38.7bn) driven by sharply higher NPL provisioning
• FY22 expected to be a better year on growth, Yes expects F22 growth to be +15% driven by retail and SME business where it is targeting 20% growth.
• Stress and provisioning are fully done. Recoveries to be key focus hereon- Yes Bank delivered recoveries of Rs 49bn in F21 across 100+ accounts and from here on expects recoveries to outpace slippages.
Disclaimer: This video reflects the individual views of our users NOT
the views of Auro.Ai.
It is NOT intended to serve as Financial or Investment Advice.
Key Highlights:
• Yes Bank reported a loss of Rs 37.9bn largely due to higher provisions (Rs 52.4bn) during the quarter.
• The liability side improving gradually; still, a long way to go: CASA deposits grew in line with the overall
deposit growth, and the CASA ratio stood at 26.1% as of 4QFY21.
• Yes Bank reported a higher-than-expected loss in Q4 (Rs 38.7bn) driven by sharply higher NPL provisioning
• FY22 expected to be a better year on growth, Yes expects F22 growth to be +15% driven by retail and SME business where it is targeting 20% growth.
• Stress and provisioning are fully done. Recoveries to be key focus hereon- Yes Bank delivered recoveries of Rs 49bn in F21 across 100+ accounts and from here on expects recoveries to outpace slippages.
Disclaimer: This video reflects the individual views of our users NOT
the views of Auro.Ai.
It is NOT intended to serve as Financial or Investment Advice.
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