Yes Bank sees improvement in asset quality, Q3 net profit surges 55% to ₹952 crore

Yes Bank Ltd for the third quarter ended December 31, 2025 reported 55.4% jump in net profit Year on Year (YoY) at ₹952 crore.

 The bank’s Net Interest Income (NII) at ₹2,466 crore during the quarter grew 10.9% YoY.

Net Interest Margin (NIM) at 2.6% was up 20 bps YoY.

The bank witnessed an imprisonment in its asset quality. The GNPA ratio at 1.5% in Q3FY26 was down 10 bps YoY and NNPA ratio at 0.3% was down 20 bps YoY.

Gross slippages were at ₹1,050 crore (1.6% of advances ) as compared with ₹1,248 crore (2% of advances) in the previous quarter.

Retail slippages at 3.7% of retail advances were lowest in last 7 quarters and there was improvement across both secured & unsecured portfolios, the bank said. 

Total recoveries and upgrades were at ₹1,224 crore including gross profit & loss gain from security receipts of ₹ 555 crore, the bank said. 

Net advances at ₹2,57,451 crore registered growth of 5.2% YoY driven by momentum in Commercial Banking, Large Corporates and Credit Cards, the bank said. Retail Assets Disbursement was up 15% YoY.

Total disbursements at ₹ 26,982 crore grew 7% YoY led by sustenance of growth momentum across segments, the bank said.

Total deposits at ₹ 2,92,524 crore grew 5.5% YoY with continued outperformance in CASA deposits.