Shivanand Rama Shettigar: Encl: Press Release and Investor Presentation

YBL/CS/2024-25/123
October 26, 2024

National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Corporate Relations Department
Plot no. C/1, G Block, P.J. Towers, Dalal Street
Bandra - Kurla Complex Mumbai – 400 001
Bandra (E), Mumbai - 400 051 BSE Scrip Code: 532648
NSE Symbol: YESBANK
Dear Sir / Madam,

Sub.: Press Release and Investor Presentation on the Financial Results for the Quarter
(Q2) ended on September 30, 2024
Ref.: Reg. 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“Listing Regulations”)
This is further to the Outcome of Board Meeting held on October 26, 2024, wherein the Bank
had disclosed the Un-Audited Standalone and Consolidated Financial Results of the Bank for
the Quarter (Q2) and Half Year ended on September 30, 2024, along with the Limited Review
Report of the Joint Statutory Auditors of YES Bank Limited (“the Bank”).
A Press Release and Investor Presentation on the Financial Results for the Quarter (Q2) ended
on September 30, 2024, is also enclosed herewith for appropriate dissemination.
The above information is being hosted on the Bank’s website www.yesbank.in in terms of
Regulation 46 of the Listing Regulations, as amended.
You are requested to take the same on record and acknowledge the receipt.
Thanking you,
Yours faithfully,
For YES BANK LIMITED

SHIVANAND Digitally signed by
SHIVANAND RAMA
RAMA SHETTIGAR
Date: 2024.10.26
SHETTIGAR 13:02:04 +05'30'
Shivanand R. Shettigar
Company Secretary
Encl: Press Release and Investor Presentation

October 26, 2024
YES BANK ANNOUNCES FINANCIAL RESULTS

FOR THE QUARTER ENDED SEPTEMBER 30, 2024
Key Highlights
▪ Net Profit for Q2FY25 at INR 553 Crs up 145.6% Y-o-Y & 10.1% Q-o-Q
• Operating Profit at INR 975 Crs up 21.7% Y-o-Y and 10.2% Q-o-Q
• NII at INR 2,200 Crs for Q2FY25 up 14.3% Y-o-Y; NIMs stable Q-o-Q at 2.4%
• Non-Interest Income for Q2FY25 at INR 1,407 Crs up 16.3% Y-o-Y and 17.3% Q-o-Q
• Operating Expenses grew 12.8% Y-o-Y and 2.9% Q-o-Q
• Cost-to-Income Ratio lower at 73.0% v/s. 74.4% (Q2FY24) and 74.3% (Q1FY25)
• RoA for Q2FY25 at 0.5% v/s. 0.2% in Q2FY24 & 0.5% in Q1FY25
▪ Balance Sheet momentum sustains with effective execution in line with strategic objectives
• Sustained momentum in Deposit accretion (up 18.3% Y-o-Y and 4.6% Q-o-Q)
• Strong expansion in CASA Ratio at 32.0% up 260 bps Y-o-Y and 120 bps Q-o-Q
• Net Advances Growth at 12.4% Y-o-Y aided by
o Sustained growth momentum in SME (up 25.8% Y-o-Y),
o Mid Corporate Advances (up 25.5% Y-o-Y), and
o Corporate Advances up 21.8% Y-o-Y and 4.6% Q-o-Q
o Retail Advances growth flattish, in line with strategy to improve profitability
• NIL PSL shortfall for Q2FY25 across overall requirement and sub-categories, through
combination of further step up in organic balances and PSLC purchases
▪ Sustained improvement in Asset Quality metrics: GNPA ratio down Q-o-Q, PCR at 70.0%
• GNPA ratio lower on both Y-o-Y & Q-o-Q basis at 1.6% v/s. 2.0% in Q2FY24 & 1.7% in Q1FY25
• (NNPA + net carrying value of SR) as % of Advances has more than halved on Y-o-Y basis at
0.9% in Q2FY25 v/s. 2.0% in Q2FY24; remains stable on Q-o-Q basis
• NPA Provision Coverage Ratio (PCR) at 70.0% v/s. 56.4% in Q2FY24 and 67.6% in Q1FY25
• Resolution momentum sustains with recoveries and resolutions at INR 1,021 Crs1 in Q2FY25
• Std. Restructured accounts amounted to INR 2,125 Crs (0.9% of Advances) down from 2.2%
of Advances in Q2FY24 & 1.6% in Q1FY25. Q-o-Q reduction led by resolutions/ upgrades.
▪ Credit Rating Upgrades from CRISIL and CARE: Bank’s Basel III Tier II Bonds and
Infrastructure Bonds ratings upgraded to A+ from A
1
Including recoveries from Security Receipts of INR 258 Crs in Q2FY25
Commenting on the results and financial performance, Mr. Prashant Kumar, Managing Director &
CEO, YES BANK said, “Q2FY25 performance has been encouraging, esp. if seen in the context of
Industry headwinds. Deposit momentum has been maintained with 18% Y-o-Y growth, along with
healthy CASA ratio (now at 32%) expansion on both Y-o-Y & Q-o-Q basis, on the back of CA growth
at 26% Y-o-Y & 11% Q-o-Q and SA growth at 30% Y-o-Y & 7% Q-o-Q. At same time, the slippage
ratio (at 2.2% of Advances) remains range-bound within the guidance range. Other Asset Quality
parameters such as GNPA ratio, PCR and O/S Restructured loans have all improved on Q-o-Q basis.
The Bank continues to deliver as per the stated strategic objectives, with superior growth in SME and
Mid Corporate segments, growth resumption in the Corporate segment and calibration of growth in
Retail segment, aimed at profitability improvement. Bank also continues to maintain NIL PSL shortfalls.
These along with other drivers have enabled the Bank to deliver healthy Operating Profit and Net profit
growth. The RoA of the Bank has been consistently at 0.5% over last 3 quarters. The Bank has also
strengthened its management team with key senior hires in Retail Assets and Financial Markets Team.
We have received external validation in the form of Credit Rating upgrades over the last 2 quarters.
While we navigate the challenges in the operating environment, we remain confident of our progress
towards building a franchise which delivers superior returns to our stakeholders.”
Page 1 of 4
Financial Highlights
Profit and Loss
▪ NII at INR 2,200 Crs for Q2FY25 up 14.3% Y-o-Y

▪ NIMs at 2.4% for Q2FY25 vs. 2.3% in Q2FY24 & 2.4% in previous quarter
▪ Non-Interest Income for Q2FY25 at INR 1,407 Crs. at 1.4% of Average Assets (annualized).
Normalized for realized /unrealized gain on Investments & Treasury Income, Non-Interest
Income growth at 12.6% Y-o-Y and 9.0% Q-o-Q
▪ Operating Costs at INR 2,632 Crs up 12.8% Y-o-Y and 2.9% Q-o-Q.
o PSLC costs incurred during the quarter aggregated to INR 78 Crs v/s. INR 39 Crs in
Q2FY24. Excluding PSLC cost, Opex for Q2FY25 grew 11.3% Y-o-Y & 2.4% Q-o-Q
▪ Operating Profit for Q2FY25 at INR 975 Crs, up 21.7% Y-o-Y and 10.2% Q-o-Q
▪ Cost-to-Income Ratio lower at 73.0% v/s. 74.4% (Q2FY24) and 74.3% (Q1FY25)
▪ Q2FY25 Provision Cost (non-tax) at INR 297 Crs down 40.6% Y-o-Y
▪ Net Profit for Q2FY25 at INR 553 Crs up 145.6% Y-o-Y & 10.1% Q-o-Q
▪ RoA for Q2FY25 at 0.5% v/s. 0.2% in Q2FY24 & 0.5% in Q1FY25
Balance Sheet
▪ Net Advances at INR 2,35,117 Crs, registered growth of 12.4% Y-o-Y and 2.4% Q-o-Q
• Granular/ Diversified loan book – Retail & SME: Mid Corp.: Corp. mix at 59:16:25 vs.
61:14:25 last year and 60:15:25 last quarter
• Robust momentum in Fresh Disbursements at INR 23,998 Crs in Q2FY25
▪ Total Balance Sheet grew 14.5% Y-o-Y
▪ CD Ratio at 84.8% vs. 89.2% in Q2FY24 and 86.6% in Q1FY25
▪ Total Deposits at INR 2,77,214 Crs, up 18.3% Y-o-Y and 4.6% Q-o-Q
• CASA ratio at 32.0% vs. 29.4% in Q2FY24 and 30.8% Q-o-Q
• Current Account balances grew 26.2% Y-o-Y and 11.1% Q-o-Q
• Savings Account balances growth at 30.5% Y-o-Y and 6.6% Q-o-Q
• Retail CASA Accounts opened: ~3.64 lakhs in Q2FY25
▪ Average Quarterly LCR (on consolidated basis) during the quarter remains healthy at
132.0%
▪ CET 1 ratio at 13.2%: Total CRAR at 16.1%.
• RWA to Total Assets at 70.7% vs. 70.6% in Q2FY24 and 70.3% in Q1FY25
Asset Quality
▪ (NNPA + net carrying value of SR) as % of Advances at 0.9% in Q2FY25 v/s. 2.0% in
Q2FY24; remains steady on Q-o-Q basis; Credit cost remains benign at 0.3% of
Average Assets for Q2FY25 (on annualized basis)
• GNPA ratio at 1.6% as of September 30, 2024, v/s 2.0% at Q2FY24 and 1.7% at
Q1FY25
• NNPA ratio at 0.5% v/s. 0.9% in Q2FY24 and 0.5% in Q1FY25
• NPA Provision Coverage Ratio (PCR) at 70.0% v/s. 56.4% in Q2FY24 and 67.6% in
Q1FY25; Including Technical Write- offs, PCR at 81.5% v/s. 72.1% in Q2FY24 and
80.1% in Q1FY25
Page 2 of 4
▪ Gross Slippages for Q2FY25 at INR 1,314 Crs v/s. INR 1,263 Crs in Q2FY24 and INR
1,204 Crs in Q1FY25
▪ Overdue book of 31-90 days at INR 3,762 Crs from INR 3,898 Crs in Q2FY24 and
INR 3,623 Crs in Q1FY25
• 31-60 days book at INR 1,896 Crs v/s. INR 1,815 Crs last quarter
• 61-90 days book at INR 1,866 Crs v/s. INR 1,809 Crs last quarter
▪ Resolution momentum sustains with recoveries and resolutions at INR 1,021 Crs2 in
Q2FY25; cumulative recoveries and resolutions in H1FY25 at INR 2,600 Crs
▪ Standard Restructured accounts amounted to INR 2,125 Crs (0.9% of Advances)
down from INR 4,499 Crs (2.2% of Advances) in Q2FY24 and INR 3,643 Crs (1.6% of
Advances) in Q1FY25. Q-o-Q reduction primarily led by resolutions/ upgrades.
Other Highlights/ Achievements
▪ Credit Rating Upgrades from CRISIL and CARE: Bank’s Basel III Tier II Bonds and
Infrastructure Bonds ratings upgraded to A+ from A
▪ Senior Management appointments during the quarter: Mr. Nirav Dalal as Country
Head- Financial Markets and Mr. Sumit Bali as Country Head Retail Assets & Debt
Management
YES BANK’s Analyst conference call, scheduled on October 26, 2024 at 3:00 PM IST, can be heard at following
link: https://www.yesbank.in/about-us/investor-relations/financial-information/financial-results
ABOUT YES BANK

YES BANK, a full-service commercial bank headquartered in Mumbai, offers a wide array of products, services,
and digital solutions, catering to Retail, MSME, and Corporate clients. The Bank operates its Brokerage business
through YES SECURITIES, a wholly-owned subsidiary of the Bank. The Bank has a pan-India presence including
an International Banking Unit (IBU) at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank's website at https://www.yesbank.in/
For further information, please contact:
YES BANK
Neha Chandwani
Lead Corporate Communication
Email: neha.chandwani@yesbank.in
Page 3 of 4
Financial Highlights from Q2FY25
Profit & Loss Statement Highlights
(INR Crs) Q2FY25 Q1FY25 Q-o-Q % Q2FY24 Y-o-Y %
Net Interest Income 2,200 2,244 -1.9% 1,925 14.3%
Non-Interest Income 1,407 1,199 17.3% 1,210 16.3%
Total Net Income 3,607 3,443 4.8% 3,135 15.1%
Operating Profit/(Loss) 975 885 10.2% 801 21.7%
Provisions 297 212 40.3% 500 -40.6%
Net Profit / (Loss) 553 502 10.1% 225 145.6%
Basic EPS (INR) 0.18 0.16 7.4% 0.08 125.3%
Key P & L Ratios
Q2FY25 Q1FY25 Q2FY24
Return on Assets 1 0.5% 0.5% 0.2%
Return on Equity 1 4.9% 4.5% 2.2%
Net Interest Margin 2.4% 2.4% 2.3%
Cost to Income 73.0% 74.3% 74.4%
Non-interest Income to Total
39.0% 34.8% 38.6%
income
Balance Sheet Highlights

(INR Crs) 30-Sep-24 30-Jun-24 Q-o-Q % 30-Sep-23 Y-o-Y %
Advances 235,117 229,565 2.4% 209,106 12.4%
Deposits 277,214 265,072 4.6% 234,360 18.3%
Shareholder’s Funds 46,407 45,649 1.7% 41,443 12.0%
Total Capital Funds 47,667 47,389 0.6% 44,629 6.8%
Total Assets 418,092 407,697 2.5% 365,223 14.5%
Key Balance Sheet Ratios

CRAR 2 16.1% 16.5% 17.3%
2
CET I 13.2% 13.3% 13.1%
Book Value per share (INR) 14.8 14.6 14.4
Gross NPA (%) 1.6% 1.7% 2.0%
Net NPA (%) 0.5% 0.5% 0.9%
3
NPA PCR 81.5% 80.1% 72.1%
Std. Restructured Advances
2,125 3,643 4,499
(Gross) 4
Security Receipts (Net) 843 857 2,353
CASA Ratio 32.0% 30.8% 29.4%
Average LCR 132.0% 137.8% 120.9%
1 2
Annualized Includes Profits
3 4
Incl. Technical W/Os Already implemented as of respective date (across various categories including Covid related)
Page 4 of 4
INVESTOR
PRESENTATION
Q2FY25 Financial Results

October 26, 2024
Contents
Overview
Financial Results- Q2FY25
YES BANK Franchise
2
New Generation, Professionally Run Private Sector Bank with a
Scalable Platform
• 6th Largest Private Sector 1, Universal Bank offering comprehensive suite of product and services via its pan India network of 1,237
branches, 221 BCBOs and 1,325 ATMs (including CRMs and BNAs) in over 300 districts of India
New Generation •
1 Private Sector Bank
Accelerating as a diversified franchise across customer segments with a strong focus on Transaction and Digital Banking
• Preferred Banker to Digital India with best-in-class technology / API stack and dominant leadership in digital payments
• ESG integral to the Strategy- highest ratings/ scores in the Indian Banking Industry by reputed ESG Rating Agencies
• Eminent 12-member Board of Directors comprising 7 independent directors, 3 women directors – domain specialists with extensive
Robust Risk,
2 Governance and
strategic, operational and leadership experience
• Comprehensive and Robust Risk Management Framework; de-Centralized approval processes built for sustainability as well as scale
Compliance Culture
• ‘Compliance First’ Culture
• Strong Foundation: Key levers now in place, for scale-up and material improvement in profitability
• A ‘Preferred Retail Franchise’ with strong Customer Acquisition run-rate of more than 1.6 million new CASA customers per annum
• Niche competitive advantage in SME and Mid Corporate customer segments- further accelerating growth and RoA expansion
3 Geared for Scale • Retail Advances at INR 100,000+ Crs (~43% of Net Advances) – focus shifting towards further improving profitability while maintaining quality
with Profitability
• Holistically addressed Legacy Asset Quality Issues; Overall portfolio Asset Quality at its best since reconstruction
• Collective NNPA & Net Carrying Value of SR at 0.9% of Advances: Provision Coverage Ratio at 70.0%
• Sufficiency in Liquidity (LCR at 132.0%2) and Capital Adequacy (CET 1% at 13.2%)
Seasoned Human • Run by a professional, seasoned, and stable management team; average vintage of YES BANK Top and Senior Management Team of
4 Capital 9 Years (with the Bank); Duly supported by 29,000+ YES BANKers
• SBI, the largest schedule commercial bank of India and leading private sector banks
Major Shareholders • Two global, marquee, private equity investors viz. affiliates of Carlyle and Advent International
5 • Largest retail shareholder base in the Indian Capital markets, with 63+ lakh shareholders
Advances Split: Total Deposits:

Total Assets: Total Advances: Senior Rating - At A+/A 3
Retail & SME – 59% INR 2,77,214 Crs
INR 4,18,092 Crs INR 2,35,117 Crs Short Term Rating – Highest at A1+
Mid Corp – 16% | Corporate – 25% CASA Ratio: 32.0%
1
3
By Total Assets as on June 30, 2024; 2 Average for the quarter- Q2FY25; 3 A+ by CRISIL & CARE, A by India Ratings & ICRA; Short Term Ratings by CRISIL & CARE
Deposits Metrics consistently outperforming Industry
All figures in INR Crs
Deposits traction : consistent outperformance to Industry Outperformance even more significant in CA Deposits Strong pickup in SA post strategic de-bulking till H1FY24
Total Deposits YoY Growth Industry Growth Current Account YoY Growth Industry Growth Savings Account YoY Growth Industry Growth
60,000 60.0%
290,000
277,214
40.0% 45,000
41,344 40,938
50.0%
47,663 50.0%
270,000
266,372 265,072 35.0%
40,000
36,834 45.0%
50,000
44,733
33,603 32,433 32,695 40,973
39,054
40.0%
35,000 40.0%
241,831
30.0%
30,477 40,000
36,524 31.2% 30.5%
34,090
250,000
33,300
35.0%
234,360 22.5% 30,000
20.8% 25.0% 27.3% 27.1% 26.2% 30.0%

23.0%
30.0%
217,502 219,369 18.3% 23.0%

230,000
25,000
17.2%
30,000
20.0%
20.9% 25.0%
13.5% 18.4% 12.0%

20.0%
13.2%
20,000
210,000
20.0%
15.0%
10.3% 15,000
12.6%
20,000
5.3%
190,000
15.0%
5.0% 4.9% 10.0%
12.6% 13.6% 13.5% 13.6% 10.0%
12.1%
10,000
10.0%
10,000
170,000
10.2% 11.7% 4.5% 5.0% 5.5% 5.4% 0.0%
5.0%
5,000
9.8% 10.6% 10.5% 5.0%
8.5% 6.8% -4.8% -4.1%

150,000 0.0% - 0.0% - -10.0%
FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25
Uptick in CASA ratio amidst strong headwinds in Industry Sustained improvement in CD Ratio: in contrast to Industry Continue to maintain healthy short term & long-term liquidity
YES BANK CASA Ratio Industry CASA Ratio YES BANK CD Ratio Industry CD Ratio Average LCR NSFR
43.1% 93.5% 150.0% 140.0%
41.7% 91.3% 137.8%

40.5% 40.1% 40.5% 89.9% 132.0%
140.0% 135.0%
39.3% 89.2%
127.0%
86.6% 130.0%
120.9%
130.0%
85.5% 84.8% 118.5% 118.4% 118.4%

120.0% 125.0%
110.0%
123.1% 120.0%
120.8% 121.2%
119.6%
80.6%
100.0% 115.0%
32.0% 79.7% 80.4%

30.8% 30.9% 30.8% 79.1% 115.1%
29.4% 29.4% 29.7% 90.0% 110.0%
75.9% 75.8% 111.1%

80.0%
109.7% 105.0%
Industry data based on RBI’s ‘Basic Statistical Return (BSR)-2 - Deposits with SCBs excluding RRBs’
4
Significant improvements in Asset Quality
Sustained improvement in GNPA, NNPA & Net carrying value of SRs Consistent improvement in Provision Coverage ratio Reduction in Std. Restructured Accounts (Gross)
Gross NPA (%) Net NPA (%) Net Carrying Value of SRs PCR (%) PCR incl. T W/Os Restructured Advances % of Advances
5,000
4,705 4,682 2.5%
4,499
81.5%
4,500
2.2% 79.3% 80.1% 2.3% 3,958 3,792

2.0% 2.0% 2.0% 4,000
2.3% 3,643 2.0%
2.2%
1.7% 1.7% 72.3% 72.1% 71.9% 3,500
1.6% 1.6%
67.8% 3,000
1.8% 1.5%
1.3% 1.7% 1.6%

1.1% 70.0%
2,500
2,125
0.9% 66.6% 67.6% 2,000 1.0%
0.6% 62.3% 1,500
1.0% 0.5% 0.5% 0.9%

0.8% 0.9% 56.4% 56.6%
0.8%
1,000 0.5%
0.6% 500
0.4% 0.4% 48.4%

- 0.0%
Reduction in Overdue Advances Slippages have remained range bound in 2%-2.5% range Healthy momentum continues in recoveries & resolutions
Overdue (31-90 days) % of Advances Slippages % of Advances Recoveries & Resolutions
6,000 4.0% 1,600
1,482 3.5%
1,356 1,314 2,092

4,786 3.5%
1,400
1,263 1,233 3.0%
5,000
4,379 1,196 1,205

1,200
3.0% 1,733
3,863 3,898 3,762
3.0% 2.5%
1,580
4,000 3,684 3,623
2.4% 1,000
2.4% 1,352 1,316

2.5%
2.4% 2.3% 2.4% 2.0%
1,201
2.0% 2.2%
3,000
1.9% 1.9%
800
2.1% 1,021
1.6% 1.6%
2.0% 1.5%
1.6% 600
2,000
1.5% 1.0%
400
1,000
1.0% 0.5%
200
- 0.5% - 0.0%
FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q4FY24 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q4FY24 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25
Ratios (wherever applicable) have been expressed as % of period end Balances

5
Improving Profitability- remains a key focus area
Key Levers
Resolution of PSL (Priority Sector Lending) shortfall related drag Focus Target Metrics Page No.
Ensuring full PSL compliance1 through organic sourcing, BC partnerships and Inorganic Interventions
Organic PSL balances & reduction in shortfall 8
Retail Assets: Mix optimization Higher Mix of RoA accretive Retail Products 10
Optimization of Product and Sourcing Channel mix to enhance profitability
SME & Mid Corp Advances & Income Growth 11 12
Capitalizing on strong track-record in SME & Mid Corporate Segments Deposit Growth > Advances Growth 32
Targeting 25%+ CAGR and further intensifying Cross-Sell including Retail Products
Rising Share of granular Deposits 13
Maximizing Branch Distribution as the ‘Fulcrum of Business’

Fee Income growth and higher proportion of
14
Utilizing existing (and growing) network to offer full spectrum of products: Deposits, Assets and Fee Products Granular & Transactional Fee lines
Rationalization of Cost Structure Rising share of digital contribution 15
Leveraging physical & digital assets to lower cost of acquisition, servicing & transactions; improving productivity
Improvement in Cost to Income Ratio

Digital & Transaction Banking Capabilities & Partnerships
Utilizing distinctive capabilities & partnership to increase customer mind/ wallet share; leveraging Corporate relationships
1
6
Including in Shortfall subcategories
Several Business outcomes demonstrating effective
execution of Strategic Objectives
Higher share of RoA Accretive Retail Products Increasing share of Internal Sourcing in Retail Advances Strong growth in Retail & Branch Banking Deposits led by CASA
Retail & Branch Banking Deposits Retail & Branch Banking CASA
RoA Accretive Products Other Retail Products Sourcing through Internal Channels DSA Sourcing
As % of Total deposits CASA Ratio
% of disbursements
In INR ‘000 Crs
22.4% Y-o-Y
153.7
30.9% Y-o-Y
52% 52%
70.0 50.0%
56% 56% 55% 54% 63% 59% 61% 142.8 57.3 48.0%
65% 60.0
51.2 46.0%
125.6 50.0
43.8 44.0%
42.0%
40.0
40.0%
55.4% 30.0
38.0%
44% 44% 45% 46% 48% 48% 20.0

36.0%
35% 37% 41% 39% 37.3% 34.0%
53.9% 10.0
35.9%
53.6% 34.9% 32.0%
- 30.0%
FY23 FY24 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25
FY23 FY24 Q2FY24 Q1FY25 Q2FY25
Acceleration in SME Advances Growth Sustained momentum in Mid Corporate Segment Growth Core Income momentum continues to outpace Opex Growth
SME Advances Share in Advances Mid Corp. Advances Share in Advances NII Core Fees Opex (ex-PSLC)
25.8% Y-o-Y
25.5% Y-o-Y
38,982 36,765 13.7% Y-o-Y
37,147
35,327
33,142 11.3% Y-o-Y
30,979 34,393 34,309
28,900
1,341
1,231
31,263
1,191
16.6% 15.6%
29,294
16.2% 27,342 15.1%
14.9%
2,554
2,494
2,294
15.5%
2,244
2,200
14.4%
1,925
15.2%
14.0%
14.8% 13.7%
14.4%
Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q2'24 Q1'25 Q2'25 Q2'24 Q1'25 Q2'25
7
Significant progress on ensuring PSL compliance
Sustained momentum in Organic balances; NIL Shortfalls in Overall and Sub-categories
Comprehensive strategy adopted & currently under execution to substantially reduce the quantum of RIDF balances over 2-3 years timeframe
• Ensuring NIL shortfalls in overall PSL compliance and sub-categories
• Focused Acceleration on Organic Sourcing in PSL sub-categories: SMF (Small & Marginal Farmers), NCF (Non-Corporate Farmers) and WS (Weaker Sections) Assets via
expanding distribution, manpower, and productivity
• Expansion of BC (Business Correspondent) Partnership Models
• Inorganic Interventions: Purchase of PSLCs (PSL Certificates) / IBPC (Inter Bank Participation Certificate) / PTCs (Pass Through Certificates) / DAs (Direct Assignment)
Rising On Balance Sheet Amounts (excludes inorganic interventions and deposits) Reduction in overall/ subcategory Shortfalls: (includes inorganic interventions)
All figures in INR Crs Avg. Shortfall for the period as % of ANBC
FY23 FY24 Q1FY25 Q2FY25
FY23 FY24 Q1FY25 H1FY25
96,168
93,581
93,243
75,046
16,220
16,185
15,509
15,131
14,325
13,782
11,758
10,785
10,175
11.0%
6,179
5,443
2,551
8.4%
8.0%
1.4%
NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL NIL
Overall PSL SMF NCF Weaker Section Overall SMF NCF Weaker Section
Mandated deposits in lieu of PSL Shortfalls: At 10% of Assets- a drag on Income & Profitability outcomes; expected to reduce from H2FY25 to <5% over next 3 years
All figures below for Q2FY25; ‘Normalized’ indicates Pro-forma figures, normalized for the impact of deposits placed in lieu of PSL Shortfalls
0.9%
8.9% 3.1% 73.0% 1.4% 6.9%
2.4%
0.9% 0.5% 4.9%
8.2% 67.1%
Reported Normalised Reported Normalised Reported Normalised Reported Normalised Reported Normalised Reported Normalised
Yield on Interest Bearing Assets NIM Cost to Income PPOP/ Assets RoA RoE
8
Balance Sheet mix to stabilize from hereon
Stabilization in mix to drive improvement in efficiency and profitability outcomes at the Bank level
Significant shift in Balance Sheet and Income mix towards higher C/I intensive segments over the last few years. Advances mix expected to largely stabilize from hereon
Advances Mix Deposits Mix Gross Income Mix

Retail/SME advances Wholesale advances Branch Banking Deposits Wholsale Deposits Retail/SME Corporate Treasury/HO
17% 20% 20% 21%

40% 38% 40% 41%
48% 47% 46% 45% 35% 29% 28% 29%
60% 62% 60% 59% 53% 54% 55% 51% 52% 50%
52% 48%
FY23 FY24 Q1FY25 Q2FY25 FY23 FY24 Q1FY25 Q2FY25 FY23 FY24 Q1FY25 Q2FY25
Wholesale Segment includes Large Corporates, Mid Corporates, Financial Institutions, Govt. Banking, MNC and International Banking Segments
This has been led by investments towards driving Granular Business Segments Despite this, PPOP/ Assets and C/I largely flattish- owing to Efficiency Gains &
Operating Leverage within Business Segments
1
Branches + BCBO New Branches Opened
Cost to Income
1,453 1,451 1,458
1,342 74.4% 74.3%
83 85 72.6% 73.0%
9 9

Employees
29,571 PPoP / Avg Assets
28,001 28,534 0.9% 0.9% 0.9% 0.9%
27,517
1 Represents Outstanding number of Branches and Business Correspondent Business Outlets as on date
9
Retail Assets- Product and Sourcing Mix calibration
oriented towards profitability improvement
Broadly retained product risk profile through Mix Optimization within existing product
1 Calibration in Disbursement growth with focus on ROA Accretive Products 2 categories
RoA Accretive Products Other Retail Products % of RoA Accretive Products

Disbursement Mix (%)
48,023
41,263 45.3% 45.8% Prime Home Loans Affordable Home Loans Used Cars New Cars Used CV/ CE New CV/CE
44.1%
34.7% 44.1%
11,025 23% 28%
23,050
31,354 7,472 8,005 47%
6,163
4,339 69% 74% 73%
4,084 64% 61% 60% 80%
75% 88%
16,679 18,213
4,862 3,388 3,666
77% 72%
FY23 FY24 Q2FY24 Q1FY25 Q2FY25 53%
36% 39% 40% 31% 27%
25% 20% 26%
• ROA Accretive products include Personal Loans, Used Vehicles (including CV/ CE),
12%
FY23 FY24 Q1FY25 Q2FY25 FY23 FY24 Q1FY25 Q2FY25 FY23 FY24 Q1FY25 Q2FY25
Affordable Home Loans, Unsecured Business Loans, Micro LAP and Education Loans
3 Growth in Internal Sourcing driven by leveraging Branch Network & Technology 4 Close watch on Asset Quality; calibrated growth in retail book also impacting ratios
Sourcing through Internal Channels DSA Sourcing FY23 FY24 Q1FY25 Q2FY25
2.7% 2.8%
63%
59%
2.2%
52% 52% 2.0%
1.9%
1.8%
1.6%
1.2%
48% 48%
41% 0.7% 0.7%
0.6%
37% 0.5%
FY23 FY24 Q1FY25 Q2FY25 Retail GNPA % Retail NNPA % Retail 31-90 day overdue %
10
SME Segment: Niche Segment with Proven Expertise
Granular Book with improving Income generation
1 High quality & well diversified granular book with best-in-class Asset Quality 2 Sustainable Product Mix
Book Split by Ticket Size (count of customers)
5% 5% 0 - 0.5 Cr
SME GNPA %
20% Working Capital & Term Loan
16% 0.5 - 1 Cr 1.5% 1%
1.4%
43% 1.2% 1.2% Channel Finance
1 - 2 Cr
11%
Commodity Finance
2 - 5 Cr
68%
15%
5 -10 Cr Non Fund Facilities
17% > 10 Cr FY23 FY24 Q1FY25 Q2FY25
• ~75% of customers have ticket sizes < INR 2 Crs • Healthy mix of Non-funded facilities at ~20%
• Surrogate program is driving small ticket exposures and facilitating faster TAT • ~86% Book Secured; 91%+ PSL compliant
3 Strong momentum in fee income generation 4 Growth avenues, Digitization & product innovation
SME Fees As % of Advances • DLP - NTB stack on DLP platform live, over 70% cases processed via DLP for program
customers
515
• LMS : Loan Management System migration for over 70% Channel Finance customers successful
1.7%
1.6% • Digi OD : NTB journey for Unsecured OD live
351
1.5%
• Client Acquisition : 21% YOY growth on new client acquisition YTD Sept
1.4%
1.4% • Service Desk : 30% growth in transaction routed through service desk easing RM bandwidth
128 130 145
11
Mid Corporate Segment
Strong Competitive Advantage aided by Relationships, Expertise & Solutioning
1 Steady growth in Balances in the Mid Corporate segment 2 Strong source of Fee Income
Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Mid Corporate Fees As % of Advances
25.5% Y-o-Y
600
513
36,765
34,393
34,309
14.8% Y-o-Y
31,263
500
29,294
31.5% Y-o-Y
27,342
401
21,818
21,759
21,641
21,092
400
1.9%
18,961
18,001
16,437
1.7%
15,506
14,656
1.7%
13,242
12,500
11,284
300 1.5% 1.5%
200
Advances Deposits Non-Fund 135 127 129

• Strong Liability Franchise; Share of CA Ratio ~26% 100
• Strong coverage – presence across 39 key geographies

•
-
Granular portfolio with a focus on Knowledge Banking FY23 FY24 Q2FY24 Q1FY25 Q2FY25
• Well entrenched in new-age Ecosystem: Be-spoke digital solutions, incubation/ networking platforms
3 High quality book with significantly low NPA levels across business cycles 4 Several key enablers driving profitability in the segment
One account classified as NPA Mid corporate GNPA (%) • Growth led by NTB and Cross-sell - higher wallet share and productivity
during Q4FY24. It continues to
have NIL financial overdues • Increasing Fee contribution through
1.5% 1.5%
• Augmenting Trade/ CMS income including that of Non-Credit Clients. Multi channel offerings
1.3% including Trade On Net, API & Digital Banking
0.9%
• Synergies with FASAR1 & Treasury
• Dedicated New Age Banking Team with focus on Unicorns and Soonicorns
• Initiatives to maintain Bank’s Leadership Position in startup ecosystem through engagements
like API banking, Customized Digital Solutions (UPI/PPI, Digital Escrow) and Advisory Services
1 Food and Agribusiness Strategic Advisory and Research Group 12

Maximizing Branch Distribution as Fulcrum of Business
Leveraging existing (and growing) network to offer full spectrum of products
Branch Banking led Deposits: 22.6%CAGR (FY23-Q2FY25) Deposits Outperformance in Branch Banking – even Branch led sourcing of Assets and distribution of Fee
1
v/s. 11.4% CAGR in Industry and 16.4% CAGR amongst Pvt. Banks higher in the recent past (as per latest available data) Products gaining significant traction
Outperformance in Liability growth largely led by Branch Banking- driving Bank’s outperformance v/s. Industry Pick-up in Branch led Sourcing of Retail Banking Assets
1 Productivity Gains within existing & expanding franchise Y-o-Y Growth of CASA and Total Deposits (Q1FY24- Q1FY25) Retail Assets - Disbursements Mix
Deposits per Branch Deposits per Employee YBL Branch Banking YBL Private Banks 2 Industry 2 Through Internal Channels % of Total Disbursements
(Indexed to 100 for FY23) 18 Disbursements in INR ‘000 Crs
17
130.8 25.3%
26.3% 48% 48%
120.7 116.1 39%
113.5
100.0 100.0 21.1% 20.8%
18.0% 41%
37%
4.3 3.6 3.8
FY23 FY24 H1FY25
12.1%
2 Acceleration in customer acquisition 7.4%

5.7%
CASA A/Cs Acquistion – Monthly Avg. in ‘000 Accounts
CASA Y-o-Y Growth Total Deposits Y-o-Y Growth
127.8 123.8
110.4 Q2FY25 Deposits growth for YBL at 18.3% Y-o-Y & YBL Branch Banking at 22.4%
Q2FY25 CASA growth for YBL at 28.5% Y-o-Y & YBL Branch Banking at 30.9% Strong traction in Branch Banking Fee Income 3
Incremental CASA Ratio: Q1FY24- Q1FY25 Branch Banking Fees

55.1% Y-o-Y
FY23 FY24 H1FY25
41.6%
3 Rise in New Acquisition Value (NAV) 37.2% 1,133
CASA EOP NAV- Monthly Avg.

(Indexed to 100 for FY23) 2
731 33.0% Y-o-Y
2 19.8%
154 4 17.8%
128 356
100 268 278
YBL Branch YBL Private Banks Industry

FY23 FY24 H1FY25 Banking
1 Based on Total Bank Deposits, CAGR computed between FY23-Q1FY25 for the Industry & Pvt. Banks; 2 Data Source: RBI (BSR)-2 – Deposits with SCBs; 3 Includes Rural Retail Liabilities
13
4 Normalised for comparability
Non-Interest Income: Strong Traction in Granular and
Transactional Fee Streams
1 Strong Traction in Non-Interest Income, even in the case of Core Fees 1 2 Steady Contribution to RoA
FY23 FY24 Q2FY24 Q1FY25 Q2FY25 Core Fees as % of Assets
38.8% Y-o-Y
38.1% Y-o-Y 1.3%
1.3% 1.3%
5,114 1.2%
4,837
1.0%
3,685 3,502
16.3% Y-o-Y
12.6% Y-o-Y
1,210 1,199 1,407 1,191 1,231 1,341
Total Other Income Core Fees FY23 FY24 Q2FY24 Q1FY25 Q2FY25
3 Core fee growth driven by Granular Customer Segments… 4 ...and acceleration in Transactional flows
Retail Banking Fees As % of Total Core Fees FY23 FY24 Q2FY24 Q1FY25 Q2FY25
23.7% Y-o-Y
47.3% Y-o-Y 32.1% Y-o-Y
897
3,394
811
68.5% 68.4% 725
66.9% 614
2,304 70.2%
10.1% Y-o-Y
15.1% Y-o-Y 10.2% Y-o-Y
65.8%
918 236 228 260
797 843 198 200 213
FY23 FY24 Q2FY24 Q1FY25 Q2FY25 Corp. Trade and CMS Fees FX Income
1
14
Core Fees: Normalized for Realized/ Unrealized gain on Investments & Treasury gains
Digital @ Banking
A blend of distinctive capabilities, integrated strategy and multi pronged delivery
channels aimed at enhancing skill with better efficiency and profitability
Distinctive Capabilities Business Integrated Strategy Multi Pronged Delivery
Market Leadership – YBL processes ~1 in 3 ‘Deliver the Bank’ to the Customer YES Bank ‘Digital & Transaction Banking
Digital Payment transaction in India - Curated Offerings across platforms Stack’
- Customer Journey’s, Assets and Apps
‘Leapfrogging’ from being Product Centric to Customer - Internal Employee Facing Tools
UPI Payments Powering #2 in NEFT with
- #1 in Payee ~35.2%1 of all ~98.0% Centric
- API Banking
PSP with 56.4% AePS Txns via Success Rate & - DIY I Assisted I Next Gen AI I Cloud Native
market share ~881 K+ partner 13%1 market
outlets2 - #1 share Ecosystem Partnership
Foundational, Agile and Embedded Banking
- UPI / Payments, IRIS, YES Smart Pay, Yes Genie, Yes - Payment Aggregators, Co-branded cards, Third
1,000+ API 50+ partners Party Apps, Corporate BCs, Co-Lending,
96% Credit Robot. Yes Connect
Stack integrated real Marketplaces etc.
Cards Sourced
Developed in- time leads
Digitally 4
house mobilization Leveraging Public Digital Infrastructure
95% Eligible CA - CBDC (Efficient Cash Management, Small Payments )

96% Individual OCEN (Digital Cash Flow Financing), ONDC (Leverage
‘IRIS’ – Retail A/C Sourced Powered by Strong Core, Data and Talent
SA a/cs Market Ecosystem), Account Aggregator (Data Sharing
Super APP with Digitally
Sourced Consent Layer),
~250 features (Individual +
Digitally
Sole Prop)
Drive Cost Reduction & Productivity Improvement
Future ready for both BaaS & BaaP Models 5 - Through ‘Digitization’ of internal processes
Better Mind Share & Wallet Share Lower Acquisition, Txn and Servicing Cost Scale and Profitability
1 Industry Source: RBI Payment System Indicators & NPCI 3 Unique customers across YES Online and iris 5 BaaS: Banking as Service, BaaP: Banking as Product
2 As of Sep 30, 2024 4 Including Assisted Journeys
15
Augmenting Digital &Transaction Banking Stack
Customer Journeys and Internal Tools & Workflows
Retail Customers Employee MSME & Corporate Customers
Recent Add-ons Book of Work
1. Digital LRS (Liberalized Remittance Scheme) – Available in Yes Online 1. Gen Next AI: Using tech to service customer and employee queries
2. IRIS Biz: New Super App for Business 2. STP / DIY / Automation journeys for PL, AL. Mortgages
3. Yes Business: Next generation Online Banking for Business 3. CC / Retail Assets Collection / MCTC Through IRIS
4. Transaction Banking - Digital Supply Chain & Trade transformation
5. Productivity Related – Supervisory Dashboard in Genie I Simplification of Login
to Sanction Process I CAM Automation
6. Centre of Excellence – Inhouse development capabilities
16
IRIS – A Next Gen ‘all-in-one’ Retail SUPER APP
Gaining Strong Traction Since Go Live in Aug 2023
✓30.8 lakh ✓18.6 Lakh ✓~20,500 ✓4.3 Lakh ✓120 Lakh ✓250 Lakh
Registered Monthly Active PL Sourced RuPay Cards Service Request Transactions

Users Users1 issued Handled
~60% of ~3,800 PL ~60,000 Cards

15.6% ▲ 32 Lakh ▲ v/s. 175 lakhs
Registered added added
(Q-o-Q) from Jun’24 as of Jun’24
Users in Q2FY25 in Q2FY25
1 September 2024 17
YES Connect : Enriched Customer Experience
Super App for Businesses
API’fication of our Marketplace model

Sachetization of Solutions across Industry Segments
(YES Bank + Partner Offerings)
YES Bank Services Partner Services
Smart FinTechs
Collections
E-Invoicing Remittances
Retailers Exchange Houses
Cardless cash
Payments (FT2/IMPS)
withdrawal
Expense Mgmt. Neo Bank services

Co-operative
Banks Manufacturers
Card Solution Mgmt. Public Digital Infra -
ONDC, CBDC, ULIP etc
NBFCs MSME
Digital KYC ERP Integration
YES Bank & Curated

Trade Finance Prepaid issuance & Segmental
Partner Education
Services Management Pharma
Stack Solutions
Payment Aggregator
Statutory Payments
Services
Merchant acquiring Supply Chain Business Hospitality Hospital
Digital Loan Mgmt. Digital KYC & Others..

Due-diligence Services across
& Many Others
Liabilities, General Banking and Trade, Remittances, FX and Working Capital Financing and Public Digital Service Fulfilment Beyond Banking
Cash Management Supply Chain Service Fulfilment Infrastructure (Partner Soln.)
18
Ecosystem Partners
Digitizing client journeys & creating inorganic client acquisition funnel through
Fintech partnerships
Partnership roadmap of Digital & Transaction Banking
Source Digital Onboard Digital Transact Digital Service Phygital Monitor Digital
▪ Digital Acquisition at ▪ Digital Client Onboarding ▪ API’fication of all Bank Products ▪ Digital tools for FTR query ▪ Digitalized reporting & MIS
Scale thru Partnerships & Product Setups resolution at low-cost model
▪ Create STP journeys for Liability ▪ End-to-end digital Sales
– CA-SA accounts,
▪ Digital a/c Opening & Asset products ▪ AI led Service resolution force
Supply Chain, Cards,
Retail Assets, etc ▪ with Instant a/c ▪ FinTech Partnership & integration ▪ ML led Digitalized
Operations Compliance, FRM, AML
Quantum Force Multiplier for Inorganic Client Acquisition across…
Third Party Apps
Corporate BCs
Market Place
Payment
Aggregators
Co-Branded
Cards
Large Merchants
19
… & many more
Transaction Banking
Leveraging the strength of solutioning, leading to granular CASA, NFB, Fee, NII & FX Revenue
Sachetization of Transaction Banking: STRENGTHENING

Curated Solutioning by Client Segments FRANCHISE
8.3% growth of Market Leadership – YBL

Large Corporate FinTech & 20% YTD NFB* book &
96% of our Corporate processes 1 in 3 Digital
B2C Exchange Houses CASA is embedded with Corp. CA 34.3% growth Payment transaction in India
Digital & Transaction growth YoY of FB* Book UPI – 56.4% Rank #1 | NEFT –
Banking Product & YoY 13% Rank #2 | IMPS – 9.5% |
Solutions NACH – 17% Rank #2 | AePS –
Large Corporate Insurance / MFs 35.2% Rank#1
B2B / Broking 4.3X growth in 1.5 x YoY
Asset under growth in Corp.
Custody IBU CA
2+ PPI* covers 80% 48% in NACH & 46% growth in
Co-operative / CA, 91% TP, 90% FB, BBPS YoY
Pharma and ~7% Market Share in LRS
Small Finance Banks 85% NFB & 96% NCF &
94% TBG Fees 22% YTD
46%% YoY
growth in
growth in CMS
Mandate
Thruput
executed YoY
Media & Government
Entertainment Schemes
26% growth in total Statutory
87% of all Lending 9% of CA Book
payments
Clients have 1+ TBG 15% growth in and 11% of
70% growth in direct taxes
Product Embedment Trade & CMS Trade NFB
Education, Fees YoY from NTB
NBFC
Hospitals & Hospitality clients
* PPI @ Product Penetration Index, FB @ Fund Book, NFB @ Non-Fund Book, TBG @ Transaction Banking Group, DB @ Digital Banking, NCF @ Non-Credit Flows 20 20
# NPCI; CMS @ Cash Management, NTB @ New to Bank, SCB @ Supply Chain Banking
Powering Digital India with our Distinctive Capabilities
Powering over 1/3rd of all AePS in India (#1 by Txn Count) #1 UPI PSP Bank Powering ~235 mn txn daily
CAGR 27.8% (Q4FY22-Q2FY25) CAGR 66.8% (Q4FY22-Q2FY25)
120
36.2% 36.2% 35.2%
40.0%
110 35.0%
24.0
53.3% 45.1%
60.0%
29.3%
25.2%
100 30.0%
21.0
50.0%
23.8% 41.5%
38.3% 38.1%
90
20.2%
25.0%
18.0 35.9% 40.0%
18.1% 31.3%
80 20.0%
15.0
28.8% % Credit Cards Issued Digitally1
30.0%
70 15.0%
12.0
20.0%
CAGR 15.0% (Q4FY22-Q2FY25)
60 10.0%
9.0
103
105
10.5
11.2
10.8
10.9
22.0
21.7
57
61
71
80
89
98
50 5.0% 10.0%
9.3
6.0
6.0
40 0.0%
3.0
96% 96%
0.0%
Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 95% 95%
Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 100%
92%
95% 88%
90%
AEPS (Transactions, Mn) AEPS Market Share

UPI (Transactions, Bn) UPI Market Share
85% 79%
80%
75%
68%
70%
~3X growth in CMS Throughput Since Mar’22 Steadily Market Share Gains; #2 in NACH 65%
60%
55%
CAGR 62.3% (Q4FY22-Q2FY25) CAGR 119.3% (Q4FY22-Q2FY25) 50%
17.0% Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25

16.5% 18.0%
86.0
15.3%
40.0
14.7% 16.0%
% CC Issued Digitally
12.7%
76.0
35.0 14.0%
66.0 11.3% 1 Includes offline assisted journeys

9.7%
30.0 12.0%
56.0
25.0 10.0%
46.0
20.0 8.0%
36.0
15.0 6.0%
26.0
10.0 4.0%
53.9
11.6
36.3
44.9
62.4
70.7
73.7
82.5
18.5
10.0
20.1
20.6
21.8
24.6
32.7
33.7
16.0
5.0 2.0%
0.0 6.0 0.0%
Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25
CMS Throughput (INR Tn) NACH (Transactions, Mn) NACH Market Share
AePS – Aadhar Enabled Payment System; UPI – Unified Payments Interface; PSP – Payment Service Provider 21
NACH – National Automated Clearing House; CMS – Cash Management Services
Responsible franchise with sustainability at its core –
Highest rated Indian Bank in ESG
MSCI CRH
S&P Global CDP Ranked highest
FTSE4Good Highest rated Indian
Index Constituent of
ESG Score Included in MSCI ACWI’s ESG amongst 34 large
Ranked in the 94th bank for climate Universal Index, ACWI scheduled commercial
FTSE4Good Index disclosures 2023 –
percentile in the banking Series for the second Climate Change Index, banks on climate
industry globally* rated ‘A-’ (Leadership among others preparedness – Climate
consecutive year (2023, Band)
2024) Risk Horizons study#
Aligning with global Taking the lead in climate

frameworks and sustainable finance Robust ESG & Climate Governance
First Indian Bank to be a First Indian Bank to measure and
CSR & ESG Committee of the Sustainability Council: Executive
Founding Signatory to UNEP FI report financed emissions of its
Board: Highest governance body committee chaired by the MD & CEO,
Principles for Responsible electricity generation loan exposure
that drives the Bank's ESG agenda develops and reviews the Bank’s
Banking, striving to align its and set decarbonization targets
sustainability strategy
business strategy with the Paris
Agreement and UN SDGs Launched India’s first Green Bond
Sustainable Finance (SF) Unit: ESG KPIs: Domain-specific ESG
and Green Fixed Deposit product
First Indian Bank to support and Implements the Bank’s sustainability KPIs integrated into the goals of
align disclosures to TCFD One of only 5 Accredited Entities strategy in coordination with Top Management
recommendations to the Global Climate Fund sustainability SPOCs from BUs
across the organization to
First Indian Bank to publish a
sustainability report in line with
GRI
* S&P Global Corporate Sustainability Assessment (CSA) 2024 - (YES BANK achieved a CSA Score of 72 (out of 100) and ESG Score of 73 (out of 100) as of October 10, 2024
# Climate Risk Horizons 2023 study
Integrating ESG considerations across the Bank’s
business and operations
Environment Social Governance
Environmental Management: First Bank 21.8% women participation* in the Bank’s 58% of the Directors on the Bank’s
globally with 1,186, ISO 14001:2015 workforce with a target to achieve 25% Board are Independent Directors
certified facilities under its Environmental gender diversity by FY 2024-25
Management System 25% of Directors on the Bank’s Board
are women
6.56 lakh* active women customers
Net zero by 2030: Committed to reduce GHG under the Bank’s flagship group-lending
emissions from operations to net zero by 2030. programme, YES LEAP
Switched key facilities including YES BANK
House to 100% renewables
40,000+ youth, farmers, women and
Responsible lending: Instituted an Environment artisans* from rural India impacted
and Social Risk Management System (ESMS) to through employment and entrepreneurship
integrate E&S risks into overall credit risk interventions by YES Foundation with a
assessment framework target to impact over 1,00,000 individuals
by 2026
Climate action: First Indian Bank to report
financed emissions (electricity generation).
Continued focus on financing renewable
energy, electric vehicles, and rooftop solar
adoption amongst MSMEs
Agroforestry: 2,00,000 trees planted on

farmer’s land for enhancing green cover
and providing an additional source of
income for farmers
* Figures for FY 2023-24 23

Contents
Overview
YES BANK Franchise
24
Results At a Glance – Q2FY25
Arrows indicative of Y-o-Y Trends
Total Assets Advances Total Disbursements2 Deposits CD Ratio Advances Mix

Retail & SME: Mid Corp: Corporate
418,092 235,117 23,998 v/s. 277,214 84.8% v/s. 59%:16%:25%

14.5%: Y-o-Y 12.4%: Y-o-Y 28,040 Q2FY24 18.3%: Y-o-Y 89.2% Q2FY24 61% : 14% : 25% in Q2FY24
2.5%: Q-o-Q 2.4%: Q-o-Q 20,987 Q1FY25 4.6%: Q-o-Q 86.6% Q1FY25 60% : 15% : 25% in Q1FY25
Net Interest Income Non-Interest Income Operating Profit Profit After Tax NIM% C/I Ratio 1
2,200 1,407 975 553 2.4% v/s. 73.0% v/s.
14.3%: Y-o-Y 16.3%: Y-o-Y 21.7%: Y-o-Y 145.6%: Y-o-Y 2.3% Q2FY24 74.4% Q2FY24
-1.9%: Q-o-Q 17.3%: Q-o-Q 10.2%: Q-o-Q 10.1% : Q-o-Q 2.4% Q1FY25 74.3% Q1FY25
Net Carrying Value of SRs

CASA Ratio CET 1 Ratio 3 GNPA NNPA as % of Advances RoA
32.0% v/s. 13.2% v/s. 1.6% v/s. 0.5% v/s. 0.4% v/s. 0.5% v/s.
29.4% Q2FY24 13.1% Q2FY24 2.0% Q2FY24 0.9% Q2FY24 1.1%: Q2FY24 0.2% Q2FY24
30.8% Q1FY25 13.3% Q1FY25 1.7% Q1FY25 0.5% Q1FY25 0.4%: Q1FY25 0.5% Q1FY25
1 Normalized C/I at 72.0% v/s. 73.6% (Q2FY24) and 71.8% (Q1FY25)- (ex- PSLC costs & realised/ unrealised gain on Investments & Treasury Income)
2 Includes Limit Setups for SME; 3 Includes Profits 25
Highlights for Q2FY25 (1)
1 Balance Sheet Highlights 2
▪ Sustained momentum in Deposit accretion along with CASA Ratio expansion on both Y-o-Y & Q-o-Q basis
• Deposits grew 18.3% Y-o-Y and 4.6% Q-o-Q; CD Ratio at 84.8% v/s. 89.2% in Q2FY24 and 86.6% in Q1FY25
• CASA Ratio at 32.0% up 260 bps Y-o-Y and 120 bps Q-o-Q
▪ Sustained growth momentum in SME and Mid Corporate Advances
• SME Advances up 25.8% Y-o-Y and Mid Corporate Advances up 25.5% Y-o-Y
• SME/ Mid Corporate Advances Mix at 16.6%/ 15.6% respectively, v/s. 14.8%/ 14.0% in Q2FY24 and 16.2%/ 14.9% in Q1FY25
▪ Focus on product and sourcing mix calibration within Retail Advances segment; steady growth in Corporate
• Retail Advances flattish Y-o-Y and down 1.3% Q-o-Q
• Corporate Advances up 21.8% Y-o-Y and 4.6% Q-o-Q, continuing the momentum from Q1FY25
▪ CET I Ratio at 13.2% v/s. 13.1% in Q2FY24 and 13.3% in Q1FY25
▪ Asset Quality: (NNPA + net carrying value of SR)% remain below 1%; PCR at 70.0%
• (NNPA + net carrying value of SR) as % of Advances has more than halved on Y-o-Y basis at 0.9% in Q2FY25 v/s. 2.0% in Q2FY24; remains steady on Q-o-Q basis
• GNPA ratio lower on both Y-o-Y and Q-o-Q basis at 1.6% v/s. 2.0% in Q2FY24 and 1.7% in Q1FY25; NNPA ratio at 0.5% v/s. 0.9% in Q2FY24 and 0.5% in Q1FY25
• NPA Provision Coverage Ratio (PCR) at 70.0% v/s. 56.4% in Q2FY24 and 67.6% in Q1FY25; Including Technical Write- offs, PCR at 81.5% v/s. 72.1% in Q2FY24 and 80.1% in Q1FY25
• Resolution momentum sustains with recoveries and resolutions at INR 1,021 Crs1 in Q2FY25; cumulative recoveries and resolutions in H1FY25 at INR 2,600 Crs
• Gross Slippages for Q2FY25 at INR 1,314 Crs (2.2% of Advances2 on annualized basis) v/s. INR 1,263 Crs (2.4%2 of Advances) in Q2FY24 & INR 1,204 Crs (2.1%2 of Advances) in Q1FY25
• Standard Restructured accounts amounted to INR 2,125 Crs (0.9% of Advances) down from INR 4,499 Crs (2.2% of Advances) in Q2FY24 and INR 3,643 Crs (1.6% of Advances) in Q1FY25.
Q-o-Q reduction primarily led by resolutions/ upgrades.
1 Including recoveries from Security Receipts of INR 258 Crs; 2 Expressed as % of period end Balances 26
Highlights for Q2FY25 (2)
1 P&L Highlights 2
▪ Highest ever Quarterly Net Profit since Reconstruction at INR 553 Crs for Q2FY25 up 145.6% YoY & 10.1% Q-o-Q
• RoA for Q2FY25 at 0.5% v/s. 0.2% in Q2FY24 & 0.5% in Q1FY25
• Operating Profit at INR 975 Crs up 21.7% Y-o-Y and 10.2% Q-o-Q
▪ NII up 14.3% Y-o-Y; NIMs largely stable at 2.4%
• NII at INR 2,200 Crs for Q2FY25 up 14.3% Y-o-Y
• NIMs at 2.4% for Q2FY25- flat on Y-o-Y basis
▪ Non-Interest Income up 16.3% Y-o-Y
• Non-Interest Income for Q2FY25 at INR 1,407 Crs at 1.4% of Average Assets (annualized). Normalised for realised/ unrealised gain on Investments & Treasury Income, Non-Interest
Income growth at 12.6% Y-o-Y and 9.0% Q-o-Q
▪ Ex- PSLC costs, Operating Expenses grew 11.3% Y-o-Y and only 2.4% Q-o-Q
▪ Cost-to-Income Ratio 73.0% v/s. 74.4% (Q2FY24) and 74.3% (Q1FY25)
▪ Provision Costs at INR 297 Crs (0.3% of Assets- annualized) down 40.6% Y-o-Y
• Gross P&L gain from Security Receipts at INR 253 Crs for Q2FY25
Key Achievements/ Initiatives

▪ Credit Rating Upgrades from CRISIL and CARE: Bank’s Basel III Tier II Bonds and Infrastructure Bond ratings upgraded to A+ from A
▪ Senior Management appointments during the quarter: Mr. Nirav Dalal as Country Head- Financial Markets and Mr. Sumit Bali as Country Head Retail Assets & Debt Management
27
Profit and Loss Statement
• Net Profit for Q2FY25 at INR 553 Crs up Quarter Ended Growth
145.6% Y-o-Y & 10.1% Q-o-Q. Profit and Loss Statement
Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y
• Q2FY25 NII at INR 2,200 Crs up 14.3% Y-o-Y, Net Interest Income 2,200 2,244 1,925 -1.9% 14.3%
down 1.9% Q-o-Q
Non Interest Income 1,407 1,199 1,210 17.3% 16.3%
• NIM for Q2FY25 at 2.4% v/s. 2.3% in Q2FY24 Total Income 3,607 3,443 3,135 4.8% 15.1%
and 2.4% in Q1FY25
Operating Expenses 2,632 2,558 2,334 2.9% 12.8%
• Non-Interest Income at INR 1,407 Crs up
Staff Cost 1,008 980 892 2.8% 13.0%
16.3% Y-o-Y and 17.3% Q-o-Q. Normalised
for realised/ unrealised gain on Investments & Other Operating Expenses 1,624 1,578 1,442 2.9% 12.6%
Treasury Income, growth at 12.6% Y-o-Y and
9.0% Q-o-Q Operating Profit/(Loss) 975 885 801 10.2% 21.7%
Provisions 297 212 500 40.3% -40.6%
• Operating Costs at INR 2,632 Crs up 12.8%
Y-o-Y and 2.9% Q-o-Q. Ex- PSLC costs, Opex Profit Before Tax 678 674 301 0.7% 125.3%
grew 11.3% Y-o-Y and 2.4% Q-o-Q
Tax Expense 125 171 76 -26.9% 65.2%
• Ex- PSLC costs & realised/ unrealised gain on Net Profit / (Loss) 553 502 225 10.1% 145.6%
Investments & Treasury Income, Normalized
C/I Ratio at 72.0% v/s. 73.6% (Q2FY24) & Yield on Advances 10.2% 10.2% 10.1%
71.8% (Q1FY25)
Cost of Funds 6.4% 6.5% 6.4%
• Provision Costs (non-tax) at INR 297 Crs Cost of Deposits 6.1% 6.1% 6.0%
(0.3% of Assets- annualized) down 40.6% Y-o-Y
NIM 2.4% 2.4% 2.3%
• Gross P&L gain from Security Receipts at Cost to income 73.0% 74.3% 74.4%
INR 253 Crs for Q2FY25
28
Break Up of Non-Interest Income
• Non-Interest Income for Q2FY25 at INR 1 Quarter Ended Growth

Break up of Non Interest Income
1,407 Crs, up 16.3% Y-o-Y and 17.3% Q-o-Q Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y
• Normalised for realised/ unrealised gain on Non Interest Income 1,407 1,199 1,210 17.3% 16.3%
Investments & Treasury Income, Core Fee Corporate Trade & Cash Management 260 228 236 14.0% 10.1%
Income registered growth of 12.6% Y-o-Y and Forex, Debt Capital Markets & Securities 163 70 117 132.2% 39.7%
9.0% Q-o-Q Investment gains & Treasury Income 65 (32) 19 NM 243.3%
• Corporate Trade & Cash Mgmt. fees grew Corporate Banking Fees 61 57 19 6.2% 218.5%
10.1% Y-o-Y and 14.0% Q-o-Q in Q2FY25 Retail Banking Fees 918 843 797 8.8% 15.1%
• Retail Banking Fees up 15.1% Y-o-Y and Trade & Remittance 174 163 156 7.2% 11.6%
8.8% Q-o-Q in Q2FY25 Facility/Processing Fee 193 184 123 4.8% 57.3%
• Healthy product mix in Insurance Sales

Third Party Sales 223 140 170 58.4% 31.1%
contributing to momentum in Third Party Interchange Income 138 171 191 -19.3% -28.0%
Sales General Banking Fees 186 185 157 0.4% 18.4%
Others (Interest on Income Tax Refund) 4 - - NM NM
• 31% Y-o-Y Growth in Retail Life
Insurance Premium
• 62% Y-o-Y growth in Mutual Fund Sales

with 50% Y-o-Y growth in MF AUM
• 176% growth in CMS activation
29
Break up of Operating Expenses
• Operating Costs at INR 2,632 Crs up 12.8% Quarter Ended Growth

Y-o-Y and 2.9% Q-o-Q. Break up of Operating Expenses
Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y
• Ex- PSLC costs, Opex grew 11.3% Y-o-Y and
only 2.4% Q-o-Q Staff 1,008 980 892 2.8% 13.0%
Business Volume Linked 455 451 438 0.8% 3.9%
• Excluding PSLC Costs Normalized C/I Ratio at
72.0% v/s. 73.6% (Q2FY24) & 71.8% IT 300 303 265 -0.8% 13.2%
(Q1FY25) Premises 256 270 239 -5.2% 7.0%
• Premises Costs down 5.2% Q-o-Q on account Professional Fees 348 325 261 7.2% 33.1%
of one-off costs in Q1 related to municipal Others 265 229 238 15.7% 11.3%
charges etc.
of which PSLC 78 63 39 22.4% 97.2%
• Professional fees up 33.1% Y-o-Y, driven Total Opex 2,632 2,558 2,334 2.9% 12.8%
primarily by higher collections charges and
credit bureau related costs
• Others: Include PSLC Cost of INR 78 Crs

during the quarter v/s. INR 39 Crs in Q2FY24
and INR 63 Crs in Q1FY25
Professional Fees primarily comprise of Bureau costs and vendor fees related to Collections, Contact Centre and other consulting and legal costs
30
Provisions and P&L
• Provision cost for Q2FY25 down 26.7% Y-o-Y Quarter Ended Growth
Break up of Provisions
• Non-Tax provisions down 40.6% Y-o-Y Q2FY25 Q1FY25 Q2FY24 Q-o-Q Y-o-Y
• Gross Slippages for Q2FY25 at INR 1,314 Crs Operating Profit/(Loss) 975 885 801 10.2% 21.7%
(2.2% of Advances) v/s. INR 1,263 Crs (2.4%
of Advances) in Q2FY24 & 1,204 Crs (2.1% of Provision for Taxation 125 171 76 -26.9% 65.2%
Advances) in Q1FY25
Provision for Investments (256) (318) (286) -19.4% -10.6%
• Provisions for Investments include:
Provision for Standard Advances & Others (131) 17 20 NM NM
• Gross recoveries from Security Receipts
at INR 258 Crs in Q2FY25 resulting into Provision for Non Performing Advances 684 513 767 33.4% -10.8%
Gross P&L gain of INR 253 Crs
Total Provisions 422 383 576 10.3% -26.7%
• Provision reversal in Standard Advances led
by release of provisions held as per June 7, Net Profit / (Loss) 553 502 225 10.1% 145.6%
2019 circular of RBI
Return on Assets (annualized) 0.5% 0.5% 0.2%
• Resolution momentum continues to be strong
with Total Recoveries & Upgrades for Q2FY25 Return on Equity (annualized) 4.9% 4.5% 2.2%
at INR 1,021 Crs. H1FY25 cumulative
recoveries and resolutions at INR 2,601 Crs Earnings per share-basic (non-annualized) 0.18 0.16 0.08
• NNPA + net carrying value of SR as % of

Advances at 0.9% v/s. 2.0% in Q2FY24 and
0.9% in Q1FY25
NM = Not Measurable 31
Balance Sheet
• Balance Sheet grew 14.5% Y-o-Y Balance Sheet 30-Sep-24 30-Jun-24 30-Sep-23 Q-o-Q % Y-o-Y %
• Advances growth at 12.4% Y-o-Y Assets 418,092 407,697 365,223 2.5% 14.5%
• Robust growth momentum sustains in

Advances 235,117 229,565 209,106 2.4% 12.4%
Deposits at 18.3% Y-o-Y Investments 85,599 88,514 76,204 -3.3% 12.3%
Liabilities 418,092 407,697 365,223 2.5% 14.5%
• C/D ratio at 84.8% v/s. 89.2% in Q2FY24
and 86.6% in Q1FY25 Shareholders Funds 46,407 45,649 41,443 1.7% 12.0%
Total Capital Funds 47,667 47,389 44,629 0.6% 6.8%
• Disbursements of INR 23,998 in Q2FY25
Deposits 277,214 265,072 234,360 4.6% 18.3%
Disbursements Q2FY25
Borrowings 78,310 80,128 70,726 -2.3% 10.7%
Retail Assets 8,047
Rural Assets 984
Break up of Deposits 30-Sep-24 30-Jun-24 30-Sep-23 Q-o-Q % Y-o-Y %
SME 1 8,396
CASA 88,601 81,567 68,957 8.6% 28.5%
Mid Corporate 1,157
Current Account 40,938 36,834 32,433 11.1% 26.2%
Corporate 5,414
Savings Account 47,663 44,733 36,524 6.6% 30.5%
CASA Ratio 32.0% 30.8% 29.4%
Term Deposits 188,613 183,505 165,403 2.8% 14.0%
Certificate of Deposits - - - NM NM
Total Deposits 277,214 265,072 234,360 4.6% 18.3%
1 Includes sanctions/ limit set-ups 32

Break up of Advances & Deposits
• SME Advances up 25.8% Y-o-Y; Mid Segmental Break up of Advances 30-Sep-24 30-Jun-24 30-Sep-23 Q-o-Q % Y-o-Y %
Corporate Advances up 25.5% Y-o-Y
Retail 100,424 101,781 100,441 -1.3% 0.0%
• Corporate Advances up 23.8% Y-o-Y and SME 38,982 37,147 30,978 4.9% 25.8%
6.4% Q-o-Q Mid corporate 36,765 34,309 29,294 7.2% 25.5%
Corporate 58,946 56,328 48,394 4.6% 21.8%
• Strategic slowdown in Retail Assets growth
with focus on Profitability improvement Total Net Advances 235,117 229,565 209,106 2.4% 12.4%
• CASA + Retail TDs1 at 58.5%
Segmental Break up of Deposits2 30-Sep-24 30-Jun-24 30-Sep-23 Q-o-Q % Y-o-Y %

• Avg. daily CA for Q2FY25 grew 24.1% Y-o-Y
and 1.7% Q-o-Q Retail & Branch Banking led Deposits 153,715 142,452 125,552 7.9% 22.4%
Retail & Branch Bank ing CASA Ratio 37.3% 35.9% 34.9%
• Avg. daily SA for Q2FY25 up 29.9% Y-o-Y Other Deposits 123,500 122,620 108,808 0.7% 13.5%
and 5.4% Q-o-Q
Other CASA Ratio 25.3% 24.7% 23.1%
• Retail CASA Accounts opened: 364K in Total Deposits 277,214 265,072 234,360 4.6% 18.3%
Q2FY25
1 Based on Balances </= INR 2 Crs on an Account Level; 2 Excluding Certificate of Deposits; basis internal business segmentation
33
Break up of Investments
• Total Net Investments at INR 85,599 Crs

Investments Breakup
• SLR – INR 74,614 Crs
• Non SLR – INR 10,985 Crs
• Standard Performing- INR 8,295 Crs:

HTM 1.2%
99.9% Rated AA and above
• Security Receipts- INR 843 Crs
AFS 5.4%
• Others1- INR 1,847 Crs
SLR 87.2% NSLR 12.8%
HFT 4.8%
FVTPL 1.2%
SUBSI 0.3%
1 Includes Equity, Preference, CDR, US Treasury Bills, NPI & Others 34

NPA Highlights
• GNPA Ratio at 1.6% in Q2FY25 down ~10 Asset Quality Parameters 30-Sep-24 30-Jun-24 30-Sep-23
bps Q-o-Q and 40 bps Y-o-Y Gross NPA (%) 1.6% 1.7% 2.0%
Net NPA (%) 0.5% 0.5% 0.9%
• NNPA Ratio at 0.5% v/s. 0.9% in Q2FY24 Provision Coverage Ratio excl. Technical W/O (%) 70.0% 67.6% 56.4%
and 0.5% in Q1FY25 Provision Coverage Ratio incl. Technical W/O (%) 81.5% 80.1% 72.1%
• Gross Slippages for Q2FY25 at INR 1,314 30-Sep-24 30-Jun-24 30-Sep-23

Segmental GNPA
Crs (2.2% of Advances) v/s. INR 1,263 Crs GNPA (%) GNPA (%) GNPA (%)
(2.4% of Advances) in Q2FY24 & 1,204 Crs Retail 2,067 2.0% 1,807 1.8% 1,413 1.4%
(2.1% of Advances) in Q1FY25 SME 566 1.4% 562 1.5% 452 1.4%
Mid corporate 475 1.3% 521 1.5% 219 0.7%
Corporate Banking 781 1.3% 954 1.7% 2,236 4.5%
Total 3,889 1.6% 3,845 1.7% 4,319 2.0%
1 30-Jun-24 Movement 30-Sep-24

Movement of GNPA
Opening Additions Upgrades Recoveries Write Offs Closing
Retail 1,807 1,179 205 133 581 2,067
SME 562 121 44 59 15 566
Mid corporate 521 13 14 35 10 475
Corporate 954 1 48 87 39 781
Total 3,845 1,314 311 314 645 3,889
1
35
Opening Balance includes the impact of for Inter- segment movement of Products and Customers during the quarter
Summary of Labelled & Overdue Exposures
• Slippage of INR 11 Crs in Q2FY25 from 30-Sep-24 30-Jun-24 30-Sep-23

Particulars
Standard Restructured Advances pool of Gross Provisions Gross Provisions Gross Provisions
Q1FY25 NPA 3,889 2,721 3,845 2,599 4,319 2,434
Other Non Performing Exposures 6,270 4,710 6,500 4,861 7,882 4,596
• Recovery and Repayments from Standard
Restructured accounts amounted to INR 10 NFB of NPA accounts 898 181 978 195 1,066 205
Crs NPI 85 85 97 97 135 63
Security Reciepts 5,287 4,444 5,426 4,569 6,681 4,329
• Upgrades from Restructured to Standard
Total Non Performing Exposures 10,159 7,432 10,345 7,459 12,201 7,030
Advances amounted to INR 1,522 Crs
1
Technical Write-Off 2,432 2,432 2,430 2,430 2,446 2,446
• Recoveries from Security Receipts during Provision Coverage incl. Technical W/O 78.3% 77.4% 64.7%
the quarter aggregated to INR 258 Crs
Std. Restructured Advances 2 2,125 141 3,643 292 4,499 442
• Provision Coverage on Security Receipts Erstwhile 11 4 10 6 274 51

at 84.1% DCCO related 1,769 88 1,852 93 1,469 73
MSME 66 8 72 10 473 48
• Overdue book of 31-90 days at INR 3,762 Crs
Covid 278 41 1,710 183 2,283 269
from INR 3,898 Crs in Q2FY24 and INR 3,623
Crs in Q1FY25 Other Std. exposures 3 129 45 321 112 333 116
61-90 days overdue loans 1,866 1,809 2,421
Of which Retail 1,121 1,165 908
31-60 days overdue loans 1,896 1,815 1,477
Of which Retail 1,661 1,550 1,150
1 Comprises only Corporate Accounts

2 Already Implemented as of respective date; Erstwhile category represents Standard Restructured accounts and does not include withdrawn categories such as SDR, S4A etc. 36
3 Where provisioning has been made as per requirement of RBI circular on Prudential Framework for Resolution of Stressed Assets dated June 7, 2019
CET 1 Ratio at 13.2%1
1 Bank’s Capital Adequacy Ratio 1
16.5% 17.3%
16.1% RWA to Total Assets at 70.7% vs.
2.9% 3.2% 4.2% 70.6% in Q2FY24 and 70.3% in
CRAR
TIER II Q1FY25
13.2% 13.3% 13.1% CET 1
30-Sep-24 30-Jun-24 30-Sep-23
2 CET I Q-o-Q Movement in Q2FY25
1
1
1 Includes Profits 37
Contents
Overview
YES BANK Franchise
38
Retail Bank:
Full spectrum retail bank growing with strong momentum
Growth calibration in Retail Advances 1
Pan-India
presence via 1,237
branches, 221 BC 72% of branches in 105,103
100,441 103,086 101,781 100,424
banking outlets Top 200 deposit
and 1,325 ATMs, centers
Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25
CRM’s & BNA’s As % of total
48% 47% 46% 44% 43%
advances
Cater to all …along with healthy growth in Retail & Branch Banking led Deposits
customer
segments (HNI, +22% Y-o-Y
~90% of
affluent, NRIs,
transactions via
mass, rural and
digital channels 141,523 142,452
153,715
inclusive banking) 125,552 132,821
with full product
suite Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25
As % of total 54% 55%
54% 55% 53%
deposits
Leadership /
significant share Advanced score- In addition, continued momentum within Retail Fee Income
in payment and cards and analytics
digital being leveraged +15% Y-o-Y
businesses across underwriting
and engagement 1,125 843 918
797 802
(UPI, AEPS, DMT)
1 Basis Internal Business Segmentation; excludes SME Advances 39

Branch Banking:
Expanding Footprint, Enhanced Digital Cross Sell & Growth in Granular Deposits
1 Branch Network 2 Digital Journeys for seamless Customer Acquisition, Servicing & Cross sell
Branches BCBO Assisted Digital

• ~96% Individual SA, ~95% Eligible CA accounts opened digitally
1,391 1,453 1,451 1,458
1,377 (individual+ sole prop)
179 193 219 219 221 • Comprehensive digital onboarding for Individual CA, Sole Proprietors, COs
& LLP
Current • Industry First - data backed Product Recommender - Auto fetch profile
& information from GST for KYC validation & right product recommendation in
Savings real time for New to Bank CA
1,198 1,198 1,234 1,232 1,237 Account Digital Co-origination enabled across CA & SA onboarding
Onboarding • Co-sourcing of 3-in-1 (demat & trading) account with SA
• Co-origination of SA along with CA for sole proprietors in a single journey
DIY with VKYC
Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 • End to End STP journey for digital SA & individual CA account opening
• DIY Journeys for Government schemes enabled –APY and PMJJBY/SBY
3 Strong momentum in Granular Deposits
Retail & Small Business Deposit (Gross LCR defination- EOP Balance) %Total deposits
Servicing
130,000
+16% Y-o-Y
125,263 57.0%
• Over 210 unique service journeys available on digital applications

• 125 on “IRIS by YES Bank” – Bank’s newest Digital app
125,000
55.0%
120,000 118,221 118,269 53.0%

• 173 on YES Online – Internet Banking Platform
115,000
112,445
51.0%
Servicing • 80 on YES Robot

& • 55 on WhatsApp Banking
108,242
49.0%
110,000
47.0%
Cross Sell Cross Sell
105,000
• End-to-end digital journeys for FD, RD, Credit card, MF, SGB, RE-KYC,
46.2% 46.5% 45.0%
100,000
45.2% insurance, IPOs, Card upgrades & quick loans, tax payments, Digital
44.4% 44.6% 43.0%
saving accounts, virtual gift cards, Government schemes and Personal

95,000 41.0%
Loans
Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25
• Journeys available across DIY / Assisted
40
Retail Assets:
Focus on Profitability enhancement
1 Retail Banking asset disbursements1: Calibration in Product & Sourcing mix 2 Diversified retail book2
11,149 Secured Business Loans

9,769 Personal Loans 3%
9,517
Home Loans 5% 16%
8,047 Commercial Vehicle Loans
7,440 6%
Auto Loans 2% 3%
Affordable Home Loans
6%
Credit Cards
15%
Construction Equipment Loans
6%
Used Car Loans
Rural Banking 7%
13%
Business Loans
8%
Inclusive & Social Banking 10%
Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Others
3 Differential growth across products- targeted at profitability improvement (Y-o-Y) 4 Differential growth across products- (H1 Growth)
Y-o-Y Growth (Key Products) H1 Growth (Q2FY25 v/s. FY24)
48.6% 16.3%
34.8% 9.2%
31.4% 8.7%
6.5%
20.9% 21.7% 18.4% 3.7% 4.1%
13.7% 0.6% 1.5%
-13.5%
4.7%
-5.5% -5.7% -5.4% -5.7% -5.4%

-8.7%
-19.2%
Secured Personal Home CV Loans Auto Affordable Credit CE Loans Used Car Rural Business ISB Secured Personal Home CV Loans Auto Affordable Credit CE Loans Used Car Rural Business ISB
Business Loans Loans Loans HL Cards Loans Banking Loans Business Loans Loans Loans HL Cards Loans Banking Loans
Loans Loans
1 Excludes Rural Banking Assets, Credit Cards and Inclusive & Social Banking, 2 Split basis gross retail advances 41
Rural Assets
Deepening the penetration in emerging rural markets & generating Agri PSL
1 Business originations 1 2 Robust Farmer financing and Women Microfinance book
1,182 ▪ High quality farmer financing book with NPA of 1.7%

1,126
938 963 984
748 ▪ Covid impacted women microfinance book is almost nil and the entire book is recent
one with ~1% NPA
▪ Well diversified farmer financing book with small, medium and large ticket size loans
Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 ▪ On ground portfolio monitoring/ trigger-based monitoring by an independent risk
monitoring team
• 100% book qualifies under granular PSL lending
• Product suite to cater to all segments of semi urban/ rural ecosystem
• Parameterized lending in the granular book for faster disbursements
3 Capturing Rural value chain with geographic diversification 4 Profitability Drivers supported by in-depth analytics
Book Split (value) by segments
• New LOS and LMS along with important features such as eKYC, integrated BRE with
▪ Diversified portfolio across
~230 districts in 18 states instant result, eSIGN and direct disbursement will help in improving the efficiency and
27%
productivity resulting in overall 20% increase in conversion rate (sourcing to
Farmer financing ▪ Long standing relationship
(KCC + Farm Disbursement)
with credible BC partners
Mechanization)
• Analysis on the industry wide data for analyzing business trends, portfolio quality and
competitive bench-marking through credit bureau data at pin code level
Women
Microfinance • Periodic analysis of SRO (MFIN) reports
73%
Book size : INR 6,974 Cr

1 Excluding
42
a business unit which lends to Microfinance institutions, as it has been internally transferred to Wholesale Banking Segment
SME Banking:
Strong Book Growth while boosting bottom line
1 Steady growth in funded book 2 Funded and Non-Funded Book composition
YoY growth: 25.8%

QoQ Growth: 5.0%
20% Working Capital & Term Loan
38,982 1%
Channel Finance
37,147
35,327
33,142 11%
Commodity Finance
30,979
68%
Non Fund Facilities
• Healthy Book : GNPA 1.4% of Fund Book Healthy mix of Non-Fund book at ~20%
3 SME Portfolio Granularity (Customers) 4 Growth avenues, Digitization & product innovation
Exposure Split by Ticket Size (By customers(#))
• DLP - NTB stack on DLP platform live, over 70% cases processed via DLP for program
5%
5% customers
0 - 0.5 Cr
• LMS : Loan Management System migration for over 70% Channel Finance customers successful
16% 0.5 - 1 Cr • Digi OD : NTB journey for Unsecured OD live

43%
1 - 2 Cr • Client Acquisition : 21% YOY growth on new client acquisition YTD Sept
• Service Desk : 30% growth in transaction routed through service desk easing RM bandwidth
2 - 5 Cr
15%
5 -10 Cr
> 10 Cr
17%
43
Credit Cards:
Strong business growth and enhanced customer experience
1 Sustained Strong Growth in Cards, Book Size & Card Spends 2 Growth in Acquisition and Cross sell
No of Cards In (‘000s) • Steady growth in new card acquisition leading to 40% YoY growth in customer base
Book Size in Cr 2,321 to reach ~2.32 million base.
Spends in Cr • Internal Channels (Branch and Asset Cross Sell) continue to contribute 57% of the
1,658 acquisition
45.9%
Y-o-Y • Highest ever Spends of INR 8,350 Crs in Q2 FY25. 46% YoY growth over Q2 FY24
1,291
48.6%
51.3% Y-o-Y • Book size of INR 6,439 Cr at end of Q2 FY25. 49% YoY growth over Q2 FY24
51.2% Y-o-Y
Y-o-Y
8,350
5,723 6,439
2,865 3,783 4,334
Q2FY23 Q2FY24 Q2FY25

3 Product and Portfolio Engagement 4 Distribution Outreach and Digitization
• 85% of unique CC customers are now registered and active on IRIS by YES.
• Recorded highest ever UPI spends of INR 1200+ Cr in Q2 FY25. 30%
growth over Q1 FY25 • Live with Post purchase EMI conversion on IRIS
• Online spends continues to contribute 53% of the total retail spends. • Launched co-branded credit card : ‘PaisaSave’ with Paisabazaar in Q2 FY25
• Highest ever digital channels contribution in overall term booking at
• Went live with BBPS (Bharat Bill Payment System) platform in Aug’24 : An industry-
57% for Q2 FY25
wide solution for centralized bill payments.
• Retail spends per unique customer averaging at INR 15,500 for Q2
FY25. • Digital contribution in new card acquisition at 98% for Q2 FY25
44
Wholesale Banking
Covering diverse Client Segments with deep Product Expertise
Indian Scheduled Commercial & Cooperative Banks, International Banks, Global DFIs and
DFIs, NBFCs, MFIs, Insurance, Mutual Funds, Stock Cross border Money Transfer Operators
Indian
Brokers & Payment Operators International
Financial
Banking
Institutions
Foreign owned MNCs Government Central & State Government Public

operating in India Multinational
Banking Sector Undertakings
Corporates
Corporate
Client Segments
Indian Corporates Mid Size Corporates with
with turnover of more Large Mid
Corporates Corporates turnover 100 - 1500 Crs
than 1500 Crs & New Age businesses
Wholesale
Banking
Trade Finance, Cash
Business
Management, Custody, Transaction
Economics Macro economic research
Bullion, Remittance & Banking
Banking
Supply Chain Finance
Product Suite Long Term Project

Project IFSC Offshore product offerings through IBU at GIFT
Financing with ring-fenced City, Gandhinagar
Finance Banking Unit
cash flows
Loan Financial
Syndication Markets
Underwrite & syndicate/ sell down Fx & Derivative Sales , DCM, Balance
to lower holds Sheet Management, Trading
Growing Client Base and improving positioning with high focus on Risk and Returns
45
Wholesale Banking Business (1)
1 Corporate Book 3 Providing tailored solutions to clients across business segments
Funded O/S Non-Funded O/S

• Team of 183 Relationship Bankers in 10 cities
Large
•
72,168
Focus on providing wide suite of banking products to develop and maintain core
Corporates bank status
67,235
66,768
58,946
56,328
62,559
52,966
60,349
50,029
• Team of 64 Relationship Bankers covering Indian Financial Institutions and

48,393
Indian financial sector entities

Financial • Solutioning led wholesale liabilities franchise across Co-operative banks, BFSI
Institutions and Fintechs
International • Partnership with International DFI, Banks and Exchange Houses

Financial
• Facilitate cross border business including trade and personal remittances
Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Institutions
2 Mid Corporate Book
Funded O/S Non-Funded O/S • Team of 76 Relationship Bankers spread across 36 locations
Government
• Coverage of Government(s) and Administered Institutions with Comprehensive
36,765
Entities
34,393
34,309
Financial and Digital solutions expertise

31,263
29,294
16,437
•
15,506
Team of 42 Relationship Bankers spread across 8 locations

14,656
Multinational
13,242
12,500
Corporates • Granular advances growth with focus on trade/cash/FX solutioning
• Team of 320 Relationship Bankers with a strong coverage with presence in 39

Mid key cities. Building Granular portfolio with a focus on knowledge banking
Corporates • Deeply entrenched in new-age entrepreneurship ecosystem by providing
bespoke digital solutions, incubation and networking platforms
46
Wholesale Banking Business (2)
Building sustainable Liability Book
Wholesale Deposits
+13.5% Y-o-Y
124,849 123,500
122,620
108,808 109,010

47
Large Corporates
Focus Sectors Pan India Presence Products
• Presence in 10 major locations • Working capital Finance, Project Finance,

• Chemicals • Metals & Mining Supply Chain Finance, FX and Derivatives
• Infra - Road & Port • Logistics & Warehousing • Delhi • Bengaluru
• Electronics & Electricals • Transportation • Kolkata • Chennai • Growing non-fund book - Letters of Credit, Bank
• FMCG • Healthcare & Pharma • Mumbai • Hyderabad Guarantees
• • Pune • Coimbatore
Food & Agri • Renewable Energy • Digital, Collection & Payments, Liquidity
• Ahmedabad • Kochi
• Auto & Auto Ancillaries • EV Management Solutions
• Major contributor to Bank’s Liabilities business
• Onboarding new clients via Debt Capital Markets
solutions
Portfolio Quality and Risk
• Cross-sell Retail Banking - Corporate salary
accounts & Credit Cards
Analytics • Focus on high quality sponsors and granular
• Higher proportion of well rated corporates in
Advances book for Project Finance
• Continued reduction in stressed book & improvement • Proactive EWS mechanism
in portfolio rating
• Detailed screening of new names prior to on-
• Growth in Working Capital & Trade business boarding
• Focus on granularizing the portfolio.
48
Mid Corporates
Knowledge Sectors – Media &

Growth led by NTB and X-sell -
Entertainment, Gems & Jewellery, ECOM Team
higher wallet share and
Food & Agri, Pharma, Chemicals, Unicorn and Soonicorn Focus
productivity
Auto ancillary, Logistics, Metals
Initiatives to maintain Bank’s

Leadership Position in startup
Strong coverage – presence in Laser Sharp focus on portfolio ecosystem through engagements
39 key locations quality like API banking, Customized Digital
Solutions (UPI/PPI, Digital Escrow),
and Advisory Services
Increase Fee contribution through Customers provide a multiplier

Sustainable growth in fund Augmenting credit & non-credit effect for Branch Banking
based book - Increase Term Trade/CMS income. Focus on digital offerings - Employee Salary
Loan share channels like Trade On Net, Digital Accounts, Wealth Management,
Banking, API integration. Using FASAR Credit Cards
& Treasury capabilities
49
Indian Financial Institutions
Co-operative Banks & RRBs Banks & DFIs

• Relationship driven, Liability rich product offerings • Strong relationships with Domestic Banks & FIs
• Dominant position in Digital offerings for Co-operative Banks • Resource raising in the form of Borrowings & Refinance
NBFCs & MFIs Mutual Funds & Insurance

• Sustainable asset book building in well rated / retail focused NBFC’s • Digitally advanced CMS offerings
• Strategic PSL funding through Institutional / MFI financing • Banking facilities to Insurance Co’s / Reinsurance brokers IBU Gift
• Facilitating Co-lending / DA partnerships to build Retail Book city branch
Capital Markets & Custody Authorized Dealer Cat–II & FFMCs

• Tech enabled/ Tailored solutions for PCM & Custodial business. • Foreign Exchange & Fee Income
• Banking facilities to Stock Brokers, Clearing members & Exchanges • Tech enabled services and solutions
Liability focus with superior • Facilitating business units

Leverage bank network &
and customized Digital & by arranging Interbank
capacity to gain wallet share Presence across all key
Transactional banking PSL focus by lending to MFIs lines.
with AD-IIs, SFBs & locations Pan-India
solutions for Financial • Co-lending/DA pools &
Co-operative Banks
Institutions Retail Banking products
50
International Banking
Accessing International Market Banking with the Providing access to international markets for availing
world financing, trade services and remittance solutions
• Resource raising – Trade loans, Bilateral / Syndication
loans, MTN borrowings
• INR borrowings / FD placements Partnership & Tie- Extensive network of International Banks, Multilateral
ups Financial Institutions and Money Transfer Operators
DFI / Banks • Interbank limits for global treasury
• Cross-border trade facilitation / fulfillment
Leveraging digital Extending digital infrastructure to support trade
• Nostro / Vostro accounts capabilities transaction flows
International Regulatory & International business with a regulatory and compliance

Fintechs / MTOs /
• International trade payments through RDA / OPGSP /
Compliance focus
Exchange House LRS – MTO channels
Trade & Treasury Remittances Borrowings

• Capitalising the Digital strength of the bank
• Limits enablement to undertake trade / for increasing wallet share of payments
routed under RDA • Term borrowings from MFIs and Banks
treasury businesses
• Vostro / Special Rupee Vostro Accounts
51
Government Banking
Partnering Government for settlement & disbursement Competitive First mover in Key Growth Sectors - Smart Cities, Defense
advantage OFB, Ports
• Central Ministries
• State Governments - Government Fund Flow Management
• Local Governments – Urban Local Bodies, Districts & Panchayat
Performance & Quick Turnaround in Solution Identification, Customization &
Government • Government Agency Business – Central & State Government(s) delivery Implementation
• Central and State PSUs
• State Development Authorities - Land & Housing, Industrial & Infra, Banker to majority CPSUs pan India for Asset & Liabilities.
Public Works, Irrigation, Product/Produce Promotion & Development, and Pan-India
Re-empaneled with majority of Maharatna, Navratna &
Conservation Sectors coverage Miniratna PSUs
• SERW (Sports, Education & Research, Religious & Welfare Trusts)
Administered
• Alternate Investment Funds (AIFs) & Infrastructure Investment Trusts Industry First - Knowledge & Banking proposition in Education,
Institutions In-house
(InvIT) Agriculture, Electric Mobility, Solid Waste Management and
expertise
• Special Projects – Projects funded by Multilaterals Start – up Incubation through CGA and FASAR
People Partnership Product Knowledge Disburse E -Governance

Knowledge engagement in
Relationship Mgmt. from
Presence of GB Team in 35 Urban Infrastructure
Central & State Innovative Bank Owned Settlement Banker to One-stop solution for a
Locations and amplified by including e-Mobility & Start-
Government, Local & Solutions Digitization at central & state government wide range of government
Branch led sourcing of up Incubation through
Quasi government, CPSUs the core initiatives sector services
Govt Accounts at All YBL CGA1 and Agriculture &
& state development
Branches pan-India Allied Sectors through
authorities
FASAR2
1 CGA: Corporate & Government Advisory

2 FASAR: Food & Agribusiness Strategic Advisory & Research 52
Multinational Corporates
Focused Banking for every stage of Multinational Growth Extending YES Bank digital Stack to enable seamless
Digital stack banking
• Preferred Local Country Bank
• Supply chain financing
Marquee • Salary Account, Credit Cards, digital transactions Pan-India coverage Core Coverage MNC dominant location with Service and
MNCs & delivery Digital capabilities matching global standards
• Primary Banker
• Asset led liabilities Sectoral strategy aligned to bank’s strengths spanning
Sector alignment IT/ITES, Ecom, Manufacturing, FMCG, Fintech, Engg, Auto,
Growth MNCs
• Trade led FX flows Tech, Consumer durables, Mobiles, Infra, Food & Agri
• Lifecycle Banking Partnerships & tie- Regulatory & business facilitation advisory to trade
• Solution oriented approach for liabilities ups bodies/consultants/consulates towards acquisition and
revenue generation
New Entrants • FDI Inflows
Technology
Liabilities Banking Ecosystem Banking Knowledge Banking
• Advisory on FEMA, Capital markets,

• Automation and Digitization of Processes • India Business facilitation advisory
international trade
• Bespoke CMS and Digital Banking offerings • Strategic investment & merchant banking advisory
• Fiduciary Services
• Beyond Banking – Partner Solutions • Treasury, FX & Risk Management
• Dedicated advisory unit with focus on Food &
• Sachetization of Solutions • Trade & Supply Chain Finance
Agri, Electric Vehicles, Electronics, Urban
Infrastructure
53
Project Finance Business & Loan Syndication
Sectoral expertise built over the years across sectors viz. Energy, Ports & Logistics, Transport, Real Estate and demonstrated Distribution capabilities
across Banks, NBFCs, FIs
Sectoral Knowledge Sector-focused Business Development & Risk Identification
Bespoke Solutions Transaction structuring to suit the specific client and project requirements
Engagement with Regulatory Bodies & other

Pulse of sectoral headwinds & tailwinds across industry and value chain
Stakeholders
Market Intelligence & Relationship with Co-Bankers Facilitate structuring and exposure strategy
Yield Improvement & Risk Increased Cross-Sell Meeting Bank’s ESG commitment
Knowledge Banking & Thought
Diversification with Underwriting and (Cash flow routing, Lead / Escrow through lending to sustainability
Leadership
Sell-down Fees, NFB, etc.) sectors
54
IFSC Banking Unit - GIFT City
GIFT, Gandhinagar, Gujarat is the only International Financial Services Centre in India. One of the key strategic focus areas for the Government and
recognized as the gateway for financial and investment activities helping onshoring the offshore funds
YBL was the First Bank to commence operations in IFSC
• Offers comprehensive FCY products helping the bank complete its Wholesale & Retail product bouquet, increasing Banks wallet share and deepening of the relationships
• Helps raising FCY resources from Overseas Banks / Institutions. First to raise resources through an MTN bond issuance of USD 600 MM in 2018.
• Regulated by the International Financial Services Centers Authority “IFSCA” as Host & RBI as Home country regulator. Business & Operations governed and supervised by
the Board appointed Governing Body (GB)
• FCY liability garnering through NRIs/

• Target growth in the overseas • Offer funded and non-funded product • Enhanced treasury product suite with
Corporates / MNCs / Units in IFSC
lending book through primary / suite by capturing business otherwise multiple currency & derivate offerings
• LRS based product offerings viz. SA /
secondary market participation in going to overseas banks • Clearing & Settlement bank for
CA /Investments to Resident
loans & bonds • Increased cross-border remittances various exchanges at IFSC
Individuals diversifying resource base
• Entry into Indian corporates through for growth of trade throughput & forex • Collateral Banking Services to
and reduce cost of funding leading to
overseas offerings revenues exchange participants
better NIMs
55
Knowledge Banking
Leveraging knowledge as a competitive differentiator to grow Banking Business
Business Economics Banking (BEB), Food & Agri Strategic Advisory & Research (FASAR), Corporate & Government Advisory (CGA)
• A team of specialists with deep sectoral knowledge and expertise in Economy, Food & Agri, E-mobility & Urban Infra
• Knowledge events and Government / Private sector CXO level knowledge sharing engagements enable relationship deepening
Knowledge backed client outreach Thought Leadership Events / Franchise Internal Knowledge Initiatives
Building
• Private Sector • Share market information with Business / Risk /
• Strategic and project advisory • Knowledge partnerships with Government Bodies & Credit teams
• Government Schemes (PLI, SAMPADA, AHIDF, Industry Associations • Collaborative initiatives to build banking portfolios
SPECS, State Schemes) • APEDA, SPICE BOARD, FICCI, CII, AMCHAM, • Sharing macro perspectives with Business Units to
• Sharing views on economy, currency & interest ACMA, SOPA and CropLife enable decision making
rates
• Media presence including authored articles for
• Government leading publications
• Visioning, Policy & programs
• Policy Development, Investment Promotion,
Strategic Roadmaps, Financial Impact
Evaluation
• Scheme support to Govt. entities (PM eBus
Seva, CIITIIS 2.0 etc.)
Branding & mindshare capture Industry connect through knowledge

New client acquisition & reports on key macro and
through thought leadership events /
relationship deepening sectoral themes
media presence
56
Financial Markets –
Customised solutions for clients
>15 yrs Remittances

39% YesFX
Currency Dedicated experienced product sales managers
Exotics Notes
5-15 yrs Imports providing structured hedging solutions
Full Yes FxOnline
47%
FX Sales Product
Suite
Pan India Presence through sales centres
FX and
<5 yrs 14% Interest
Forwards Active FX desk for providing best in class pricing CCIL FX Retail
Rates Platform
Swaps for customer transactions
FX
Options
Digital platforms across client segments
Connect with a wide range Comprehensive Product Suite Diversified Investor Connect Our Experience
of Large/Mid-Size Issuers
Gsec/ SDLs/ IRS/ Vanilla Securitization / Credit ▪ Mutual Funds Years of collective
Corporates Bonds / Commercial Enhanced Structures ▪ Banks 100+
Team experience
Paper ▪ Insurance Companies
Debt Capital NBFCs & FIs Hedging Products like
▪ NBFCs
Transactions originated
High Yield Credits ▪ Private Wealth Management 1000+
Markets & PD IRF and OIS
▪ Retiral Funds since inception
Banks
InvITs & Bank / NBFC ▪ Corporate Treasuries First-time issuers
Project Bonds Debt ▪ Alternate investment Funds 50+ introduced to Debt
InvITs ▪ FPIs
Capital Markets
▪ UCBs & RRBs
Numerous maiden issuances & multiple repeat
mandates
Customer Types
Consignment import
Bullion Traders India Silver
Extended
Gold conference
specialized desk
Bullion Desk Gold Silver Metal Jewellery Mftg excellence
Loan coverage
Outright domestic and Export awardee of 2024
Sales Jewellery Exporters
57
Strategically leverage Public Digital Infrastructure
Contributing to building new-age India through collaboration on Key Digital Initiatives
Digital Initiatives Principle Objectives YES Differentiators
Consent Layer for Data sharing system making

Curated & Expansive offerings
Account Aggregator (AA) lending and wealth management faster
YES BANK launches 1st CBDC Pilot YES BANK Joins ONDC Pilot
Transaction at Reliance Retail Outlet, Transaction at VARAHI Limited, with
Mumbai Seller APP
Creating a common language for collaboration
Open Credit Enablement and partnership with Loan Service Providers Digital Cash flow financing (WIP)
Network (OCEN) (LSPs)
Open Network for Digital An initiative of the government to democratize

digital commerce built on Beckon protocol Leverage Market Ecosystem
Commerce (ONDC)
Patna Municipal Corporation
CBDC launch with Yes Bank RBI Governor Shaktikanta Das at Yes Bank’s
Government G20 booth showcasing CBDC Application
Digital
Sovereign digital Currency
Ecosystem CBDC W- Pilot G-Sec, Efficient Cash Management
Central Bank Digital Currency
(CBDC) CBDC R- eRupee wallet
Unified Logistics Interface Democratizing logistical information to Data Driven Solutioning

Platform(ULIP) augment supply chain
Continuous innovation and engagement for the Enabling Cross-Boarder Payments,

Shri Piyush Goyal visiting Yes Bank stall on ULIP
Regulatory Sandbox evolving BFSI sector Other used-cases Yes Bank is one of the first Banks to partner with GOI on ULIP
58
Robust Governance Structure – Board Members
Eminent and Experienced Board
Rama Subramaniam Gandhi Atul Malik Sharad Sharma Sadashiv Srinivas Rao Sanjay Kumar Khemani
Non-Executive, Part time Chairman, Independent Director Independent Director Independent Director Independent Director
Independent Director
Prashant Kumar Nandita Gurjar Rekha Murthy

Managing Director & CEO Independent Director Independent Director
Rajan Pental Sandeep Tewari Thekepat Keshav Kumar Shweta Jalan1

Executive Director Nominee Director appointed by SBI Nominee Director appointed by SBI Non- Executive Director
1 Non-Executive– Nominee of Verventa Holdings Limited 59

Professional and Seasoned Management team
Prashant Kumar
Managing Director & CEO, YES Bank
Manish Jain Niranjan Banodkar Rajan Pental

Country Head- Wholesale Banking Chief Financial Officer Executive Director
Archana Shiroor Sumit Bali Sachin Raut

Gaurav Goel Chief Human Resources Officer Country Head - Retail Assets and Debt Chief Operating Officer
Country Head- Emerging Local Corporate Management
Ajay Rajan Rakesh Arya Mahesh Ramamoorthy

Chief Credit Risk Officer
Dheeraj Sanghi
Country Head- Transaction Banking, Govt. Chief Information Officer
Country Head - Branch and Affluent Banking
Banking and Multinational Business
Sandeep Mehra
Akshay Sapru Nipun Kaushal
Nirav Dalal Chief Vigilance Officer
Country Head - Affluent and Private Banking Chief Marketing Officer and Head CSR
Country Head- Financial Markets and Liabilities Products
Shivanand R. Shettigar1
Mehul Desai Company Secretary
Dhavan Shah
Zonal Head – Large Corporates – Country Head - Small Medium Enterprises
West Tushar Patankar2 Banking
Chief Risk Officer
Parminder Singh Anil Singh
Zonal Head – Large Corporates – Rajat Chhalani3 Country Head - Credit Cards and Merchant
North, East and South Acquiring
Chief Compliance Officer
Indranil Pan Kapil Juneja3 Sanjiv Roy

Chief Economist Chief Internal Auditor Country Head - Fee Based Products &
Service Experience
Pankaj Sharma Abhishek Kumar

Chief Strategy & Transformation Officer National Head- Stressed Asset Management
1 Reports directly to the Chairman of Board
2 Reports directly to the Risk Management Committee of the Board
3 Reports directly to the Audit Committee of the Board 60
Strong people focus: Stable leadership with focus on up-skilling talent,
objective performance management & enabling employee flexibility
• Employees in Grades G1 to G3 have an average vintage of ~9 years combined with acquisition of top talent from
the industry.
Leadership • Executive Presence and Fine Dining Workshop was conducted for select senior Relationship Managers with a Average
view to enhancing their executive presence, business etiquette, networking abilities, personal grooming, and fine
Development dining nuances. Vintage
Grades2 Q2FY251 (in years)
• Leadership Acceleration Program, a curated learning intervention was conducted for select leaders in the Credit
Risk Management team. This program focused on building leadership and team management skills, with an emphasis
on ownership, accountability, conflict resolution, and developing a growth mindset to be transition-ready.
• To reinforce the Bank’s focus on strengthening Risk and Compliance culture , learning intervention on topics covering
regulatory and compliance guidelines were launched across Business Units in Q2 FY 25. G1 to G3
Knowledge 9
• With an objective to provide practical and essential knowledge on Information Security that will help protect the Bank’s 339
Management data and personal information, ‘Information Security Awareness Training’ module series was launched in Q2 FY
25.
• Workshops on Embracing Change and Influencing without Authority were introduced across units to equip
employees with skills needed to navigate organizational transformation and lead effectively in non-hierarchical
G4 to G6
structures. 3,872 5
• Aligned with the Bank’s DEI agenda, the 1000 Women Leaders Program was organized to boost diversity and
nurture an inclusive culture. The six-month program aims to advance women professionals into leadership roles. In
DEI Q2, the participants benefitted from Masterclasses, group mentoring, networking, assessment centers, 360-degree G7 to G12
feedback and digital learning nudges preparing them to excel in upcoming experience interviews and jury rounds. 25,358 2
Initiatives
• The Bank continued its focus on employee’s physical and mental well -being through regular Yoga classes and
sessions on Sound healing, Meditation, Dance fitness, Acupressure therapy, Therapy dogs, Tray gardening, Pichwai 29,569
art, Pottery workshops to name a few covering select employees across locations.
Total
• To nurture comprehensive growth and wellness, employees were given an opportunity to register for various well
renowned Marathons in the country, including Made of Chennai Run & NMDC Hyderabad Marathon. Total headcount of 29,571 with a net addition of 1570 staff over the
headcount of March 31, 2024
Employee • In celebration of National Parent Day, a series of engaging webinars were organized for our employees, their
Engagement families, and children. The webinars included insightful sessions like ‘Parents - The Divine Extension’, ‘Equality in
1 Data as on September 30, 2024
Parenting’ and an interactive Brain Gym Workshop.
2 The data is as per revised grade structure and excludes
MD & CEO and Executive Director
• In sync with the Bank’s association with the Paris Olympics 2024 event, the employee Recognition and Rewards
program ‘Yes League of Excellence’ was revamped to include Gold, Silver, Bronze titles for recognizing high
performers. In Q2 FY25, 5000+ employees received rewards and about 4000 appreciation messages were
exchanged on the Bank’s Recognition and Rewards portal.” 61
Strong Investor base
Well diversified Investor base: Shareholding Pattern as on September 30, 2024
Category %
STATE BANK OF INDIA
Banks 33.7% 24.0%

VERVENTA HOLDINGS
FDI 16.0% CA BASQUE INVESTMENTS
48.6% 1
Resident Individuals 30.0% LIFE INSURANCE CORPORATION OF INDIA
HDFC BANK
FPI’s 11.0%
9.2%
ICICI BANK LIMITED
Body Corporates 2.0%
KOTAK MAHINDRA BANK LTD
Insurance Companies 4.2% 6.8%

AXIS BANK LIMITED
4.0%
Others 3.1% 1.0% 1.2% Others
2.4% 2.8%
TOTAL 100.0%
1 LIC along with its various schemes 62

Credit Rating
ICRA Downgrades CARE Upgrades:

Basel II Upper Tier II to D from BB BASEL III Tier II to BBB from C
INDIA Ratings CARE Downgrades INDIA Ratings Upgrades BASEL II Upper Tier II to BB+ from D CARE Upgrades
Ratings across all Outlook-keeps Basel II Upper Tier II to D from C BASEL III Tier II to BBB- from B+ BASEL II Lower Tier II to BBB from B issuer rating to A- from
agencies at all time Ratings Watch Outlook-Credit Watch with Infrastructure Bonds to BBB from BB – Infrastructure Bonds to BBB from B BBB+ with a Positive Senior Rating Upgrade:
lows Evolving (RWE) Developing Implications Long Term Issuer Rating to BBB from BB- Outlook-Stable outlook CARE : A from A-
March 2020 March 18, 2020 June 2020 August 27, 2020 November 9, 2020 October 2022 October 2023
March 16, 2020 March 24, 2020 August 3, 2020 September 2020 November 10, 2021 August 2022 August 2023 July- Sep 2024
Moody’s ICRA Upgrades: Moody’s Upgrades ICRA Upgrades Moody’s Upgrades Senior Rating & Outlook Senior Rating Rating/ Outlook Upgrade
Upgrades issuer BASEL III Tier II to BB issuer rating to B3 from BASEL III AT 1 to C from D issuer rating to B2 Upgrade: Upgrade: Moody’s: Outlook Upgraded
rating to Caa1 BASEL II Upper Tier II to BB from D Caa1 with a stable BASEL III Tier II to BBB- from BB from B3 with a ICRA: A-; Positive CRISIL: A from A- to Positive from Stable
from Caa3 with a BASEL II Lower Tier II to BB+ from D outlook BASEL II Tier I to BB+ from D Positive outlook India Ratings: A-; Stable India Ratings: A ICRA: Basel III Tier II & Infra
positive outlook Infrastructure Bonds to BB+ from D BASEL II Upper Tier II BB+ from D CRISIL: A-; A1+ short term; from A-/ BBB+ Bonds to A from A-
Short Term FD/CD Programme to A4+ BASEL II Lower Tier II BBB from BB+ Positive CRISIL & CARE: Basel III Tier
from D Infrastructure Bonds to BBB from BB+ Moody’s : Ba3; Stable II & Infra Bonds to A+ from A
International Rating Long-term Outlook Short-term

Moody's Investors Service Ba3 Positive Not Prime
Domestic Rating Long-term Outlook Short-term
Basel III Tier II Infra Bonds
CRISIL A+ A+ Stable A1+
ICRA A A Positive
India Ratings A A Positive
CARE A+ A+ Stable A1+
63
Thank You
Disclaimer:
No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of information or opinions contained herein. The information contained in this presentation is only current as of its date. Certain
statements made in this presentation may not be based on historical information or facts and may be “forward looking statements”, including those relating to YES Bank’s general business plans and strategy, its future financial condition and growth prospects, and future developments
in its industry and its competitive and regulatory environment. There is no assurance that such forward looking statements will prove to be accurate, as actual results may differ materially from these forward-looking statements due to a number of factors, including but not limited to
future changes or developments in the Bank’s business, its competitive environment and political, economic, legal and social conditions in India and other parts of the world. The forward-looking statements in this presentation are based on numerous assumptions and these statements
are not guarantees of future performance and undue reliance should not be placed on them. The Bank expressly disclaims any obligation to disseminate any update or revision of any information whatsoever contained herein to reflect any change in such information or any events,
conditions or circumstances on which any such information is based. This communication is for general information purpose only, without regard to specific objectives, financial situations and needs of any particular person. This presentation does not contain all the information that is
or may be material to investors or potential investors and does not constitute an offer or invitation or recommendation to purchase or subscribe for any shares/ securities in the Company and neither any part of it shall form the basis of or be relied upon in connection with any contract or
commitment whatsoever. The Bank may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. The communication of this presentation may be restricted by law; it is not intended for
distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law, or regulation, or which would require any registration or licensing within such jurisdiction. If this presentation has been received in error, it must be returned immediately
to the Bank.

Shivanand Rama Shettigar: Encl: Press Release and Investor Presentation

Uploaded by

Copyright:

Available Formats

Shivanand Rama Shettigar: Encl: Press Release and Investor Presentation

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Shivanand Rama Shettigar: Encl: Press Release and Investor Presentation

Uploaded by

Copyright:

Available Formats

YBL/CS/2024-25/123

October 26, 2024

Dear Sir / Madam,

For YES BANK LIMITED

Encl: Press Release and Investor Presentation

YES BANK ANNOUNCES FINANCIAL RESULTS

▪ NII at INR 2,200 Crs for Q2FY25 up 14.3% Y-o-Y

Other Highlights/ Achievements

ABOUT YES BANK

Balance Sheet Highlights

Key Balance Sheet Ratios

Q2FY25 Financial Results

Financial Results- Q2FY25

YES BANK Franchise

Advances Split: Total Deposits:

234,360 22.5% 30,000

20.8% 25.0% 27.3% 27.1% 26.2% 30.0%

217,502 219,369 18.3% 23.0%

13.5% 18.4% 12.0%

12.6% 13.6% 13.5% 13.6% 10.0%

9.8% 10.6% 10.5% 5.0%

8.5% 6.8% -4.8% -4.1%

43.1% 93.5% 150.0% 140.0%

41.7% 91.3% 137.8%

85.5% 84.8% 118.5% 118.4% 118.4%

32.0% 79.7% 80.4%

75.9% 75.8% 111.1%

2.2% 79.3% 80.1% 2.3% 3,958 3,792

1.3% 1.7% 1.6%

0.6% 62.3% 1,500

1.0% 0.5% 0.5% 0.9%

0.4% 0.4% 48.4%

Overdue (31-90 days) % of Advances Slippages % of Advances Recoveries & Resolutions

6,000 4.0% 1,600

1,356 1,314 2,092

1,263 1,233 3.0%

4,379 1,196 1,205

2.4% 1,352 1,316

2.4% 2.3% 2.4% 2.0%

Ratios (wherever applicable) have been expressed as % of period end Balances

Maximizing Branch Distribution as the ‘Fulcrum of Business’

Rationalization of Cost Structure Rising share of digital contribution 15

Improvement in Cost to Income Ratio

44% 44% 45% 46% 48% 48% 20.0

35% 37% 41% 39% 37.3% 34.0%

Advances Mix Deposits Mix Gross Income Mix

17% 20% 20% 21%

FY23 FY24 Q1FY25 Q2FY25

FY23 FY24 Q1FY25 Q2FY25

FY23 FY24 Q1FY25 Q2FY25

RoA Accretive Products Other Retail Products % of RoA Accretive Products

17% > 10 Cr FY23 FY24 Q1FY25 Q2FY25

128 130 145

FY23 FY24 Q2FY24 Q1FY25 Q2FY25

Advances Deposits Non-Fund 135 127 129

• Strong coverage – presence across 39 key geographies

FY23 FY24 Q1FY25 Q2FY25

1 Food and Agribusiness Strategic Advisory and Research Group 12

2 Acceleration in customer acquisition 7.4%