#YESBANK’s average daily LCR for Q2 FY19 was ~100%. Bank’s liquidity position to further benefit from recent RBI measures to ease systemic liquidity. #YesBankDevelopments
#YESBANK has a Comfortable Liquidity/ Funding Position. The Bank has a Liquidity Coverage Ratio of ~101% as on September 30, 2018, which is 11% excess of minimum regulatory requirement of 90%. #YesBankDevelopments
Loans & Advances grew by ~61.5% YoY, across Corporate, IBU, MSME and Retail segments, aggregating to ~ Rs. 2.4 Lakh Crore as on Sept 30, 2018 of which Domestic Advances aggregated to ~ Rs 2.2 Lakh Crore ( growth of ~56.4% YoY) #YesBankDevelopments
(Subject to review and approval)
Deposits grew ~ 41% YoY aggregating to ~ Rs. 2.23 Lakh Crore as on Sept 30 2018. CASA Ratio stood at ~ 33.8% (growth of ~28.2% YoY)
#YesBankDevelopments
(Subject to review and approval)
The Bank has submitted an application to RBI for their approval recommending appointment of two senior leaders of the Bank as Executive Directors.
#YesBankDevelopments
I will eventually bequeath my @YESBANK Promoter shares to my 3 daughters and subsequently to their children, with a request in my Will stating not to sell a single share, as Diamonds are Forever!!
In this leadership transition at @YESBANK, I continue to remain fully committed to the interests of the Bank and all its stakeholders. I will be fully guided by the Board of Directors of YES BANK and the Reserve Bank of India
YES BANK is fully institutionalized as the Professionals Bank of India, over the past 14 yrs, driven by a seasoned leadership of over 100+ top management professionals with over 2 decades of experience & an avg. vintage of 8+ yrs, guided & supervised by eminent Board of Directors
The brand value of YES BANK continues to be a key strength for the bank. The YES BANK brand was recently recognized as the 22nd Most Valuable Indian Brand by WPP BrandZ Report 2018 with a brand value of $2.62 billion.
YES BANK continues to make significant investments in building a robust technology platform & architecture focused on innovations, customer service and cyber-security resulting in one of the most efficient and customer friendly banks in the country.
YES BANK has recently received the following regulatory approvals:
A. RBI license to import of gold/silver - renewal of authorization on 2 Apr, 2018
b. RBI approval to open overseas offices at London & Singapore on 19 Apr, 2018; (1/2)
Credit Costs of YES BANK were contained at 50bps, 53bps and 76bps for FY16, FY17 and FY18 respectively. YES BANK's Gross NPA and Net NPA ratio at 1.31% and 0.59% respectively as on June 30, 2018 remain one of the lowest across Banks in India.