Yes Bank Delivers Robust Q4 and FY26 Performance

23 Apr 2026 CW Team

YES BANK (the Bank) reported a strong set of Q4 and full year FY26 results, with net profit for the quarter rising to Rs 10.68 bn, up 44.7 per cent year on year and 12.3 per cent quarter on quarter, and FY26 net profit at Rs 34.76 bn, up 44.5 per cent. Return on assets stood at one per cent in Q4 and zero point eight per cent for FY26, while net interest margin improved to two point seven per cent in the quarter. Cost to income ratio narrowed to 63.0 per cent in Q4 and 66.7 per cent for FY26.

Balance sheet momentum accelerated as total deposits reached Rs 3,189.69 bn, up 12.1 per cent year on year, with current and savings account deposits at Rs 1,119.59 bn and a CASA ratio of 35.1 per cent. Advances increased to Rs 2,734.45 bn, up 11.1 per cent year on year, supported by disbursements of Rs 332.24 bn in Q4 and FY26 disbursements of Rs 1,035.45 bn, which exceeded Rs 1 tn. Retail and branch led deposits rose to Rs 1,861.86 bn, reflecting a stronger shift toward granular liabilities.

Asset quality showed marked improvement, with gross non performing assets at one point three per cent and net non performing assets at zero point two per cent. Retail slippages were lowest in nine quarters at Rs 8.88 bn in Q4 and gross slippages were Rs 11.02 bn. Net credit costs for FY26 were restricted to zero point two per cent of average assets and the provision coverage ratio stood at 81.9 per cent.

The Bank reported operating profit of Rs 16.18 bn for the quarter and non interest income of Rs 17.30 bn. It opened six branches in the quarter and 82 in the year, and received recognition for financial reporting and ESG performance, with an improved S&P Global ESG score to 79 in 2025. Management noted that SMBC became the largest shareholder and indicated priorities to strengthen the franchise and pursue high quality growth in FY27.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..