YES BANK LTD. - 532648 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DB Trustees (Hong Kong) Ltd YES BANK LTD. - 532648 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Deutsche Bank AG YES BANK LTD. - 532648 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Audio recording of Earnings Call for the un-audited Financial Results for the Quarter (Q1) and Year ended on June 30, 2023 Q1FY24 Quarterly Result Announced for YES Bank Ltd.
YES Bank announced Q1FY24 results: Net Profit at Rs 343 crore up 10.3% YoY and 69.2% QoQ NII at Rs 2,000 crore for Q1FY24 up 8.1% YoY NIM at 2.5% up 10 bps YoY Non-Interest Income at Rs 1,141 crore, up 54.0% YoY and 13.7% QoQ Advances growth at 10.0% YoY (adj. for ARC transaction); Retail Advances up 31.3% YoY, SME up 24.1% YoY & Mid Corp. Segment up 28.9% YoY New Sanctions / Disbursement of Rs 24,730 crore in Q1FY24 355k CASA Accounts opened during the quarter GNPA ratio at 2.0% vs. 13.4% in Q1FY23 and 2.2% in Q4FY23 (NNPA + Net Carrying Value of SR) ratio at 2.4% Q1FY24 flat QoQ Resolution Momentum continues to be strong with Total Recoveries & Upgrades for Q1FY24 at Rs 1,201 crore CET 1 Ratio at 13.6%1 v/s. 11.9% in Q1FY23 and 13.3% in Q4FY23 Commenting on the results and financial performance, Prashant Kumar, Managing Director & CEO, YES Bank said, “Q1FY24 was a steady quarter where we have demonstrated significant progress in line with our Strategic Objectives. While the Balance Sheet granularity momentum continued, we also delivered strong growth in our Fee Income while containing our Operating and Credit Costs. With the focus of the Bank now firmly aligned towards improving the profitability of the franchise, over the coming quarters, we will continue to work on levers that further accelerate this momentum such as improvement in NIMs and CASA Ratio, reducing the drag from legacy PSL requirements, cross-sell and product penetration into our fast expanding customer base, while continuing to maintain strict controls over costs. A key highlight during the quarter was the launch of our refreshed brand identity. With a strong foundation firmly in place, it was the opportune time to make the next strategic move of reimagining the YES BANK brand. As part of the refreshed identity, a vibrant new logo has been launched which carries forward the visual DNA of the Bank and builds on it. This has been accompanied by an integrated 360-degree campaign with the positioning - ‘Life Ko Banao Rich’ that resonates with the evolving needs and aspirations of our customers. The initial feedback to this campaign has been extremely positive, and we believe that this will not only instill enthusiasm and confidence among our stakeholders but also enhance the pace of our new customer acquisition.” Result PDF
YES Bank Results Earnings Call for Q1FY24
Conference Call with YES Bank Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript. YES Bank shares decline by 1.50 per cent
YES Bank's shares experienced a decline by 1.50 per cent after the bank announced its first quarter results over the weekend. YES Bank to acquire microfinance to reduce legacy PSL drag: MD
MD and CEO Prashant Kumar said bank is looking at co-lending, portfolio buyouts & organic growth to reduce RIDF drag YES Bank Q1 PAT up 10% on growth in other income, retail loans
The bank is looking at loan growth of 15-20 per cent for FY24 YES BANK LTD. - 532648 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release and Investor Presentation on Financial Results for the quarter ended June 30, 2023 - SEBI Listing Regulations, 2015 YES BANK LTD. - 532648 - Disclosure Made In Pursuance Of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 Dated August 10, 2021 Pertaining To Green Infra Bonds Issued By Securities Exchange Board Of India ('SEBI Circular')
Disclosure made in pursuance of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 pertaining to Green Infra Bonds issued by SEBI