Shivanand Rama Shettigar: Encl: Press Release and Investor Presentation

YBL/CS/2024-25/67
July 20, 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 Tel.: 2272 8013/15/58/8307
Tel.: 2659 8235/36 8458 BSE Scrip Code: 532648
NSE Symbol: YESBANK
Dear Sir / Madam,
Sub.: Press Release and Investor Presentation on the Financial Results for the Quarter
(Q1) ended on June 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 July 20, 2024, wherein the Bank had
disclosed the Un-Audited Standalone and Consolidated Financial Results of the Bank for the
Quarter (Q1) ended on June 30, 2024, along with the 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 (Q1) ended
on June 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: 2024.07.20
SHETTIGAR 13:02:26 +05'30'
Shivanand R. Shettigar
Company Secretary
Encl: Press Release and Investor Presentation

July 20, 2024
YES BANK ANNOUNCES FINANCIAL RESULTS

FOR THE QUARTER ENDED JUNE 30, 2024
Key Highlights
▪ Net Profit for Q1FY25 at INR 502 Crs up 46.7% Y-o-Y & 11.2% Q-o-Q
• NIMs for Q1FY25 steady Q-o-Q at 2.4%
• Non-Interest Income for Q1FY25 at INR 1,199 Crs. Normalised growth at 20.5% Y-o-Y1
• NIL PSL shortfall for Q1FY25 across overall requirement and sub-categories, through
combination of further step up in organic balances and PSLC purchases
• Net Provision Costs lower by 41.2% Y-o-Y & 55.0% Q-o-Q
• RoA for Q1FY25 at 0.5% v/s. 0.4% in Q1FY24 & 0.5% in Q4FY24
▪ Balance Sheet momentum sustains with effective execution in line with strategic objectives
• Robust Deposit accretion (up 20.8% Y-o-Y)
• CASA Ratio flattish Q-o-Q at 30.8% despite Q1 seasonality
• Net Advances Growth at 14.7% Y-o-Y aided by
o Sustained growth momentum in SME (at 23.8% Y-o-Y),
o Mid Corporate Advances (at 25.0% Y-o-Y), and
o Resumption of growth in Corporate segment (13.8% Y-o-Y growth)
▪ Sustained improvement in Asset Quality metrics: (NNPA + net carrying value of SR) below 1%
• GNPA at 1.7%, NNPA at 0.5%, PCR at 67.6% (up 100 bps Q-o-Q)
• (NNPA + net carrying value of SR) as % of Advances continued to improve to 0.9% in Q1FY25
v/s. 2.4% in Q1FY24 and 1.1% in Q4FY24
• Strong Resolution momentum with recoveries/ resolutions at INR 1,581 Crs2 in Q1FY25
▪ During the quarter both CA Basque Investments and Verventa Holding Ltd. have exercised
the outstanding Warrants- the proceeds resulting in 100 bps accretion to CET I%
▪ Global Rating Agency Moody’s Upgraded the Rating Outlook to “Positive” from “Stable” in
July 2024. ICRA has also upgraded the Credit Rating on Bank’s instruments from A- to A
1
Excluding realised/ unrealised gain on Investments & Treasury Income
2
Including recoveries from Security Receipts of INR 732 Crs in Q1FY25
Commenting on the results and financial performance, Mr. Prashant Kumar, Managing
Director & CEO, YES BANK said, “The Bank has started the financial year on a strong
footing with RoA sustaining Q-o-Q at 0.5% despite seasonality of Q1 and NIL PSL shortfalls.
While the Income Engines are continuing to fire with normalised Net Income Growth at 15%
Y-o-Y, the Bank has been able to contain the Operating Cost growth at 8.0% Y-o-Y (ex-
PSLCs). At the same time, the resolution momentum continues to be strong, leading to lower
Net Credit Costs, which is also aiding in RoA expansion.
On the Balance Sheet front, the Bank is effectively executing its strategic objectives of
sustained momentum in SME and Mid- Corporate segments, resumption of growth in
Corporate segment and calibration in Retail Assets with focus on profitability. Similarly, the
Retail and Branch Banking led Deposits continue to grow at faster pace than Wholesale
Deposits.
Other key highlights of the quarter were i) exercise of outstanding Warrants by the Private
Equity Investors, and ii) Credit Rating Outlook upgrade by Moody’s and Credit Rating
upgrade by ICRA- these external stakeholder validations reinforce faith & confidence in the
growth and profitability expansion trajectory of the franchise.”
Page 1 of 4
Financial Highlights
Profit and Loss
▪ NII at INR 2,244 Crs for Q1FY25 up 12.2% Y-o-Y & 4.2% Q-o-Q.
▪ NIMs at 2.4% for Q1FY25 vs. 2.5% in Q1FY24 & 2.4% last quarter
▪ Non-Interest Income for Q1FY25 at INR 1,199 Crs. Normalised Growth at 20.5% Y-o-Y
▪ Operating Costs at INR 2,558 Crs up 10.1% Y-o-Y but down 9.3% Q-o-Q.
o PSLC costs incurred during the quarter aggregated to INR 63 Crs v/s. INR 13 Crs in
Q1FY24. Excluding PSLC cost, Opex for Q1FY25 grew 8.0% Y-o-Y
▪ Operating Profit for Q1FY25 at INR 885 Cr, up 8.2% Y-o-Y. Normalised growth (ex-
PSLC and realised/ unrealised gain on Investments & Treasury Income) at 37.6% Y-o-Y
o Normalized C/I Ratio 71.8% v/s. 76.4% (Q1FY24) and 71.5% (Q4FY24)
▪ Q1FY25 Provision Cost (non-tax) at INR 212 Crs down 41.2% Y-o-Y & 55.0% Q-o-Q
▪ Net Profit for Q1FY25 at INR 502 Crs up 46.7% Y-o-Y & 11.2% Q-o-Q.
▪ RoA for Q1FY25 at 0.5% v/s. 0.4% in Q1FY24 & 0.5% in Q4FY24
Balance Sheet
▪ Net Advances at INR 2,29,565 Crs, registered growth of 14.7% Y-o-Y and 0.8% Q-o-Q
• Granular/ Diversified loan book – Retail & SME: Mid Corp.: Corp. mix at 60:15:25 vs.
61:14:25 last year and 62:15:23 last quarter
• Fresh Disbursements of INR 20,910 Cr in Q1FY25
o Retail Assets Disbursements of INR 7,440 Cr
o Rural Assets Disbursements of INR 963 Cr
o SME Disbursements1 of INR 7,020 Cr
o Mid Corporate Disbursements of INR 1,429 Cr
▪ Total Balance Sheet grew 14.6% Y-o-Y
▪ CD Ratio at 86.6% vs. 85.5% in Q4FY24 and 91.3% in Q1FY24
▪ Total Deposits at INR 2,65,072 Crs, up 20.8% Y-o-Y but marginally down by 0.5% Q-o-Q
• CASA ratio at 30.8% vs. 29.4% in Q1FY24 and 30.9% Q-o-Q
• Retail CASA Accounts opened: ~3.78 lakhs in Q1FY25
• Retail and Small Business Deposits (Gross LCR Definition) grew 13% Y-o-Y
▪ Average Quarterly LCR2 during the quarter remains healthy at 137.8%; LCR as on June
30, 2024 at 141.2%
▪ CET 1 ratio at 13.3%: Total CRAR at 16.5%.
• RWA to Total Assets at 70.3% vs. 69.1% in Q1FY24 and 70.3% in Q4FY24
▪ Investments at INR 88,515 Cr up 24.7% Y-o-Y
▪ Borrowings at INR 80,128 Cr up 7.2% Y-o-Y
1
Includes limit set-ups; 2On consolidated basis
Page 2 of 4
Asset Quality
▪ (NNPA + net carrying value of SR) as % of Advances at 0.9% in Q1FY25 v/s. 1.1% in
Q3FY24 and 2.4% in Q1FY24
• GNPA ratio at 1.7% as of June 30, 2024, v/s 1.7% at Q4FY24 and 2.0% at Q1FY24
• NNPA ratio improved to 0.5% v/s. 0.6% last quarter and 1.0% at Q1FY24
▪ Gross Slippages for Q1FY25 at INR 1,205 Crs v/s. INR 1,482 Crs in Q1FY24 and INR
1,356 Crs in Q4FY24
• Slippages Net of Recoveries and Upgrades in Q1FY25, at INR 499 Cr v/s. INR 808
Crs in Q1FY24 and INR 370 Crs in Q4FY24
▪ Overdue Book of 31-90 days down to INR 3,623 Cr vs INR 3,684 Cr Q4FY24 and INR
3,863 Crs in Q1FY24
• 31-60 days book at INR 1,815 Cr vs INR 1,805 Cr last quarter
• 61-90 days book at INR 1,809 Cr vs INR 1,879 Cr last quarter
▪ Resolution momentum continues to be strong with Total Recoveries & Upgrades for
Q1FY25 at INR 1,581 Crs
Digital & Other Highlights/ Achievements
▪ During the quarter both CA Basque Investments and Verventa Holding Ltd. have exercised
the outstanding Warrants- the proceeds resulting in 100 bps accretion to CET I%
▪ Global Rating Agency Moody’s Upgraded the Rating Outlook to “Positive” from
“Stable” in July 2024. As per Moody’s, this reflects their “expectation that a gradual
improvement in YES BANK's depositor base and lending franchise will help improve
its core profitability over the next 12-18 months”
▪ ICRA upgraded Credit rating on Basel III Tier II Bonds and Infrastructure Bonds from A- to A
▪ Introduced YES Grandeur: A Premier Banking Experience for the Elite and Emerging
Affluent Segments
▪ Announced Strategic Partnership with EBANX- a Brazil based global fintech company
to empower Cross-Border Commerce in India. EBANX specializes in payment solutions
for Emerging Markets and will provide leverage to the Bank’s presence in cross-border
payment processing and global commerce opportunities for merchants and
customers in India.
▪ Launched Yes Private Business, an enterprise banking program that seamlessly blends
a full array of business banking solutions along with best-in-class service delivery
YES BANK’s Analyst conference call, scheduled on July 22, 2024 at 8:00 AM 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 Q1FY25
Profit & Loss Statement Highlights
(INR Crs) Q1FY25 Q4FY24 Q-o-Q % Q1FY24 Y-o-Y %
Net Interest Income 2,244 2,153 4.2% 2,000 12.2%
Non-Interest Income 1,199 1,569 -23.6% 1,141 5.1%
Total Net Income 3,443 3,722 -7.5% 3,141 9.6%
Operating Profit/(Loss) 885 902 -1.9% 818 8.2%
Provisions 212 471 -55.0% 360 -41.2%
Net Profit / (Loss) 502 452 11.2% 343 46.7%
Basic EPS (INR) 0.16 0.16 4.6% 0.12 38.0%
Key P & L Ratios
Q1FY25 Q4FY24 Q1FY24
1
Return on Assets 0.5% 0.5% 0.4%
1
Return on Equity 4.5% 4.3% 3.3%
NIM 2.4% 2.4% 2.5%
Cost to Income 74.3% 75.8% 73.9%
Non-interest Income to Total
34.8% 42.1% 36.3%
income
Balance Sheet Highlights

(INR Crs) 30-Jun-24 31-Mar-24 Q-o-Q % 30-Jun-23 Y-o-Y %
Advances 229,565 227,799 0.8% 200,204 14.7%
Deposits 265,072 266,372 -0.5% 219,369 20.8%
Shareholder’s Funds 45,649 42,145 8.3% 41,161 10.9%
Total Capital Funds 47,389 43,792 8.2% 45,048 5.2%
Total Assets 407,697 405,493 0.5% 355,754 14.6%
Key Balance Sheet Ratios

CRAR 2 16.5% 15.4% 18.3%
CET I 2 13.3% 12.2% 13.6%
Book Value per share (INR) 14.6 14.7 14.3
Gross NPA (%) 1.7% 1.7% 2.0%
Net NPA (%) 0.5% 0.6% 1.0%
NPA PCR 3 80.1% 79.3% 67.8%
Std. Restructured Advances
3,643 3,792 4,682
(Gross) 4
Security Receipts (Net) 857 1,284 2,651
CASA Ratio 30.8% 30.9% 29.4%
Average LCR 137.8% 116.1% 127.0%
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
Q1FY 25 Financial Results

July 20, 2024
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 1,232
branches, 219 BCBOs and 1,308 ATMs (including CRMs and BNAs) in over 300 districts of India
New Generation •
1 Private Sector Bank
Accelerating as a diversified granular Mid-Corporate, MSME and Retail franchise with a strong focus on Transaction 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 13-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 process 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 101,000+ Crs (~44% of Net Advances) – focus shifting towards further improving the profitability
with Profitability
• Fortified Balance Sheet - Holistically addressed Legacy Asset Quality Issues; Portfolio Asset Quality at its best since reconstruction
• Collective NNPA & Net Carrying Value of SR at 0.9% of Advances
• Sufficiency in Liquidity (LCR at 137.8%2) and Capital Adequacy (CET 1% at 13.3%)
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 28,500+ 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 Assets: Total Advances: Total Deposits: Senior Rating - At A 3
INR 4,07,697 Crs INR 2,29,565 Crs Retail & SME – 60% INR 2,65,072 Crs Short Term Rating – Highest at A1+
Mid Corp – 15% | Corporate – 25%
1 By Total Assets as on March 31, 2024; 2 Average for the quarter- Q1FY25; 3 By CRISIL, India Ratings and CARE; Short Term Ratings by CRISIL & CARE 2
A Unique Turnaround undertaken amidst a difficult backdrop by
a Seasoned Professional Team
All figures in INR Crs
Extreme Stress Conditions – Amidst Challenging Backdrop Bank now on the path of delivering
Strong Growth Phase till FY18
Moratorium imposed in Mar’20 Mar’ 20 Apr’ 21 Jan’ 22 Onwards Profitable Growth
(Data below for FY18) (Data below for FY20) (Data below as of Jun 30, 2024)
Covid-19 Wave I Covid-19 Wave II Tight Liquidity Conditions, Fight for Deposits
Market Cap 70,206 Market Cap 28,176 Key Measures Undertaken Market Cap 77,712
Credit Rating AA+ Credit Rating D Credit Rating A/ A-
1. 2.
Advances 203,534 Advances 171,443 Solved for Capital Won Back The Deposits Advances 229,565
Deposits 200,738 Deposits 105,364 Cumulative raised ~INR Deposits 265,072
>2.5x growth in Bank
CASA 73,176 CASA 28,063 24,000 Crs through FPO3 & Deposits - reflection of our CASA 81,567
Private Placement strong brand
CD Ratio 101.4% CD Ratio 162.7% CD Ratio 86.6%
CASA Ratio 36.5% CASA Ratio 26.6% 3. CASA Ratio 30.8%

4.
LCR 113.2% LCR 37.0% Invested in Granularizing Solved for Legacy NPLs LCR 137.8%
Loans and Deposits Over INR 26,700 Crs of
Borrowings Share 1 24.0% Borrowings Share 1 44.1% Borrowings Share 1 19.7%
>2x rise in Retail & SME Loans Recoveries Resolutions;
Retail & SME Adv. Share2 26.6% Retail & SME Adv. Share2 36.3% ~INR 43,000 Crs of NPLs Retail & SME Adv. Share2 60.5%
– while protecting PPoP4 / Assets
CET I % CET I % 6.3% sold to ARC
9.7% CET I % 13.3%
GNPA % 1.3% GNPA % 16.8% GNPA % 1.7%
5. 6.
NNPA % 0.6% NNPA % 5.0% Built an Agile Org. with NNPA % 0.5%
Refreshed Brand Identity
RoA 1.6% RoA -7.1% strong Compliance culture
RoA 0.5%
1 Borrowings proportion in Total Liabilities 3 Follow-on Public Offering Market Cap above based on closing price on NSE as on Mar 31, 2018; Mar 31, 2020;
2 Retail & SME Segment proportion in Total Advances 4 Pre-Provisioning Operating Profit and Jul 19, 2024 respectively 3
Contents
Progress on Profitability Improvement
Financial Results- Q1FY25
YES BANK Franchise
4
Key Business Levers engaged to Improve Profitability
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 7
Retail Assets: Mix optimization Higher Mix of RoA accretive Retail Products 9
Optimization of Product and Sourcing Channel mix to enhance profitability
SME & Mid Corp Advances & Income Growth 10 11
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 12
Maximizing Branch Distribution as the ‘Fulcrum of Business’

Fee Income growth and higher proportion of
13
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 14
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 and partnership to increase customer mind share and wallet share
1
5
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
RoA Accretive Products Other Retail Products Sourcing through Internal Channels DSA Sourcing Retail & Branch Banking Deposits As a % of Total Deposits
In INR ‘000 Crs
% of disbursements 1
150.0
21.3% Y-o-Y
141.5 142.5
140.0
52% 132.8
52% 63% 59% 61% 61% 57% 57%
56% 58% 56% 57% 55%
65% 130.0
125.6
53.7%
120.0
117.6
113.3
53.1%
110.0
48% 45% 43% 43% 48%

44% 42% 44% 43% 37% 41% 39% 39%
35% 100.0
52.1%
90.0
FY23 FY24 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 FY23 FY24 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
Acceleration in SME Advances Growth Sustained momentum in Mid Corporate Segment Growth Core Income continues to outpace Opex Growth
SME Advances Share in Advances Mid Corp. Advances Share in Advances NII Core Fee Income Opex (ex- PSLC)
1 1
40,000
23.8% Y-o-Y 18.0%
25.0% Y-o-Y
37,147 15.0% Y-o-Y
34,309
36,000 16.0%
38,000
34,393
36,000
35,327 17.0%
8.0% Y-o-Y
34,000
15.5%
33,142 31,263
1,436
1,231
34,000
32,000
1,188
16.0%
1,191
15.0%
1,023
32,000 30,979 16.2% 29,294
30,000
15.1%
28,900 14.9% 14.5%
30,000
28,130 15.5% 15.0%
27,041 27,342
2,565
15.2% 28,000
14.4%
2,494
28,000
14.8%
14.0%
26,000
14.0%
14.4%
2,244
14.0%
2,153
26,000
2,017
2,000
1,925
14.1%
13.5%
2,310
2,294
24,000
2,276
24,000
13.7%
13.0%
22,000
13.5% 13.0%
22,000
20,000 12.0% 20,000 12.5%
FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25
1
6
Growth rates normalised for Inter- segment movement of Products and Customers during the quarter
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 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 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
93,581
93,243
FY23 Q1FY24 H1FY24 9MFY24 FY24 Q1FY25

84,240
80,183
77,430
75,046
15,509
15,131
14,325
13,782
11.0%
10,785
10,175
8.6%
8.4%
7,452
8.0%
7,258
6,370
6,265
6,179
6.9%
5,976
6.7%
5,764
5,443
6.2%
5.9%
4,042
5.1%
3,152
4.5%
2,761
4.1%
2,551
3.6%
1.4%
0.0%
0.0%
0.0%
0.0%
0.0%
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 11% of Assets- a drag on Income & Profitability outcomes; expected to reduce to <5% over next 3 years
All figures below for Q1FY25; ‘Normalized’ indicates Pro-forma figures, normalized for the impact of deposits placed in lieu of PSL Shortfalls
1.3% 0.8% 6.6%
8.9% 74.3%
3.1%
0.9% 4.5%
0.5%
8.3% 67.9%
2.4%
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
Improving PSL Compliance to reduce balances of mandated deposits placed in lieu of PSL Shortfalls expectedly by ~50% over next 3 years 7
Balance Sheet mix to largely 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 Whoelsale Advances Branch Banking Deposits Wholesale Deposits Retail/ SME Wholesale Treasury/ HO
17% 20% 20%

40% 38% 40% 48% 47% 46% 35% 29% 29%
60% 62% 60% 52% 53% 54% 48% 51% 52%
FY23 FY24 Q1FY25 FY23 FY24 Q1FY25 FY23 FY24 Q1FY25
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 + BCBOs New Branches Opened
Cost to Income
1,342 1,453 1,451
1,550
1,450
1,350
250
200
74.4% 74.3%
1,250
1,150 83 86 150
1,050
9 100
71.8%
72.6%
950
850
50
750
650 0
FY23 FY24 Q1FY25

Normalised
(ex- PSLC & realised/
FY23 FY24 Q1FY25 unrealised gain on Inv. &
Treasury Income)
Employees PPOP/ Assets

28,001 28,534 1.0%
27,517
0.9% 0.9% 0.9%
FY23 FY24 Q1FY25

FY23 FY24 Q1FY25
1 Represents Outstanding number of Branches and Business Correspondent Business Outlets as on date
8
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
Disbursement Mix (%)
RoA Accretive Products Other Retail Products % of RoA Accretive Products
Prime Home Loans Affordable Home Loans Used Cars New Cars Used CV/ CE New CV/CE
65,000
44.1% 50.0%
44.8%
45.0%
41.4%
55,000
34.7% 40.0%
16,000
23%
45,000
35.0% 40.0%
14,000
30.0% 12,000
35,000
31,354
30.0%
47%
23,050 25.0%
10,000
64% 61%
25,000 8,000
6,580
20.0%
75% 69% 74%

20.0%
80%
6,000
88%
15,000
15.0%
4,000
4,082 10.0%
16,679 18,213 10.0%
4,650
0.0%
77%
5,000
5.0%
2,000
-
3,313 -10.0%
53%
(5,000)
FY23 FY24
0.0%
Q1FY24 Q1FY25 36% 39%

25% 31% 26%
20%
• ROA Accretive products include Personal Loans, Used Vehicles (including CV/ CE),
12%
FY23 FY24 Q1FY25 FY23 FY24 Q1FY25 FY23 FY24 Q1FY25
Affordable Home Loans, Unsecured Business Loans, Micro LAP and Education Loans
3 Growth in Internal Sourcing driven by leveraging the Branch Network 4 Close watch on Asset Quality in midst of shift towards RoA Accretive products
Sourcing through Internal Channels DSA Sourcing FY23 FY24 Q1FY25
63%
59% 2.7%
52% 2.2%
1.9%
1.8%
1.6%
1.2%
48%
41% 0.6% 0.7%
0.5%
37%
FY23 FY24 Q1FY25 Retail GNPA % Retail NNPA % Retail 31-90 day overdue %
1 Annualised
9
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)
4%
5% SME GNPA %
0 - 0.5 Cr
Working Capital & Term Loan
20%
0.5 - 1 Cr 1.5%
16% 1.2% 1.2% 2% Channel Finance
42% 1 - 2 Cr
10% Commodity Finance
2 - 5 Cr 68%
15%
Non Fund Facilities
5 -10 Cr
17%
> 10 Cr FY23 FY24 Q1FY25
• ~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; 93%+ PSL compliant
• 30+ overdue <2%
3 Strong momentum in fee income generation 4 Growth avenues, Customer centricity & product innovation
SME Fees As % of Advances • Digital Empowerment :

600 1.8%
• Digital Lending Platform : Countrywide launch of DLP 2.0 to digitally onboard
515 (DIY/assisted) prospective SME customers.
500
1.6%
1.7%
• Digi OD : Extension of digital platform on high yielding unsecured overdraft product

1.6%
offering to pre-approved ETB customers (in addition to NTB customer acquisition).
400
351 1.5% • Customer Centricity : Active new client acquisition growth of 31% YoY Q1
• SME Direct Desk : Additional services added under exclusive direct desk for SME
1.5%
300
1.4% 1.4%
1.4%
customers with an objective to further ease RM bandwidth
200
105 122 1.3%
100
1.2%
- 1.1%
FY23 FY24 Q1FY24 Q1FY25
10
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
FY23 FY24 Q1FY25 Mid Corporate Fees As % of Advances
600 2.3%
21% CAGR
513
34,393 34,380 2.1%
14% CAGR 500
27,041
21,818 21,641 32% CAGR 401 1.9%
18,428
14,656 15,506 400
10,925 1.7%
300
1.5% 1.5%
1.7% 1.7% 1.5%
Advances Deposits Non- Fund 200
112 127 1.3%
• Strong Liability Franchise; Share of CA Ratio ~23% 100
1.1%
• Strong coverage – presence across 37 key geographies

•
- 0.9%
Granular portfolio with a focus on Knowledge Banking FY23 FY24 Q1FY24 Q1FY25
• 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
Mid Corporate GNPA % • Growth led by NTB and Cross-sell - higher wallet share and productivity
• Increasing Fee contribution through
One account classified as NPA
during Q4FY24. It continues to • Augmenting Trade/ CMS income including that of Non-Credit Clients. Multi channel offerings
have NIL financial overdues including Trade On Net, API & Digital Banking
• Synergies with FASAR1 & Treasury
1.5% 1.5%
• Dedicated New Age Banking Team with focus on Unicorns and Soonicorns
0.9%
• 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
FY23 FY24 Q1FY25
1 Food and Agribusiness Strategic Advisory and Research Group 11

Maximizing Branch Distribution as Fulcrum of Business
Leveraging existing (and growing) network to offer full spectrum of products
Branch Banking led Deposits: 20.1%CAGR (FY23-Q1FY25) Deposits Outperformance in Branch Banking – even Branch led sourcing of Assets and distribution of Fee
1
v/s. 13.6% CAGR in Industry and 18.3% 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 (Q4FY23- Q4FY24) Retail Assets- Disbursements Mix
2 2
Deposits per Branch Deposits per Employee YBL Branch Banking YBL Private Banks Industry Through Internal Channels % of Total Disbursements
(Indexed to 100 for FY23) Disbursements in INR ‘000 Crs
20 18 17
60%
48%
120.7 121.7 25.4% 24.9%
18
116.1 111.9 23.0% 22.5%

16
39%
50%
100.0 100.0 20.1%

14
40%
12
10
41% 30%
13.6% 8
37%
FY23 FY24 Q1FY25 6
4.4 3.6
20%
8.5% 4
6.7% 2
10%
2 Acceleration in customer acquisition - 0%
FY23 FY24 Q1FY24 Q1FY25

CASA A/Cs Acquistion – Monthly Avg.
CASA Y-o-Y Growth Total Deposits Y-o-Y Growth
‘000 Accounts 127.8 126.0
110.4 Strong traction in Branch Banking Fee Income 3

Incremental CASA Ratio: Q4FY23- Q4FY24
Branch Banking Fees
FY23 FY24 Q1FY25 55.1% Y-o-Y
37.2%
1,133
3 Rise in New Acquisition Value (NAV) 31.5%
CASA EOP NAV- Monthly Avg. 21.2% 731

(Indexed to 100 for FY23) 19.1%
165 23.5% Y-o-Y
128
100
223 275
2 2
YBL Branch YBL Private Banks Industry
FY23 FY24 Q1FY24 4
Q1FY25
FY23 FY24 Q1FY25 Banking
12
1 Based on Total Bank Deposits, CAGR computed between FY23-FY24 for the Industry & Pvt. Banks; 2 Data Source: RBI (BSR)-2 – Deposits with SCBs; 3 Includes Rural Retail Liabilities
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 Q1FY24 Q1FY25 Core Fees as % of Assets
38.8% Y-o-Y 1.27%

38.1% Y-o-Y 1.21%
1.15%
5,114 1.05%
4,837
3,685 3,502
5.1% Y-o-Y 20.3% Y-o-Y
1,141 1,199 1,023 1,231
Total Other Income Core Fees FY23 FY24 Q1FY24 Q1FY25
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 Q1FY24 Q1FY25
23.7% Y-o-Y
4,000
47.3% Y-o-Y 74.0%
3,394 30.7% Y-o-Y

3,500 72.0%
897
3,000
68.5% 70.0%
803
2,500
2,304 70.2% 68.0%
725
65.5% 10.6% Y-o-Y 614 7.0% Y-o-Y
2,000 66.0%
26.0% Y-o-Y
1,500
65.8% 64.0%
844
1,000
670 62.0%
204 226 187 200

500 60.0%
- 58.0%
FY23 FY24 Q1FY24 Q1FY25 Corp. Trade and CMS Fees FX Income
1
13
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
#1 in UPI ‘Leapfrogging’ from being Product Centric to Customer - Internal Employee Facing Tools
Powering #2 in NEFT with
Payments Centric
~36.2%1 of all ~99.0% - API Banking
[~53.3%1
AePS Txns via Success Rate & - DIY I Assisted I Next Gen AI I Cloud Native
market share
~818 K+ partner 10.8%1 market
with ~99.8% Ecosystem Partnership
outlets2 - #1 share
Success Rate] 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,
95% 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, YES Mobile and iris 5 BaaS: Banking as Service, BaaP: Banking as Product
2 As of Jun 30, 2024 4 Including Assisted Journeys
14
Augmenting Digital &Transaction Banking Stack
Customer Journeys and Internal Tools & Workflows
Retail Customers Employee MSME & Corporate Customers
Recent Add-ons Book of Work
1. YES PAY Biz – Open Market App for merchants 1. Gen Next AI: Using tech to service customer and employee queries
2. LIVE on UPI merchant plug in with 3 apps 2. STP / DIY / Automation journeys for PL, AL. Mortgages
3. Digital LRS (Liberalized Remittance Scheme) – Pilot completed 3. CC / Retail Assets Collection / MCTC Through IRIS
4. EPFO Enrollment – A major milestone and showcase towards our plans for 4. Transaction Banking - Digital Supply Chain Trade transformation
‘Agency Business’ aside an enhancer for CA book
5. New Super App for Business – IRIS For Biz
5. IRIS Super App for Retail customers with ~250 features
6. Productivity Related – Supervisory Dashboard in Genie I Simplification of Login
6. YES PAY Next – Open Market Payments App with 100K+ downloads to Sanction Process I CAM Automation
7. PayTM Partnership: Migration of existing handles and infrastructure 7. Centre of Excellence – Inhouse development capabilities
15
IRIS – A Next Gen ‘all-in-one’ Retail SUPER APP
Gaining Strong Traction Since Go Live in Aug 2023
✓26.6 lakh ✓17.9 Lakh ✓~18,400 ✓3.7 Lakh ✓87 Lakh ✓175 Lakh
Registered Monthly Active PL Sourced RuPay Cards Service Request Transactions

Users Users1 issued Handled
~67% of ~2,800 PL ~90,000 Cards

14% ▲ 30 Lakh ▲ 13% ▲
Registered added added
(Q-o-Q) from Mar’24 (Q-o-Q)
Users in Q1FY25 in Q1FY25
1 June 2024 16
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.)
4x QoQ User
30+ Partners 450+ APIs 100+ Solutions Login to https://yesconnect.yesbank.in/
growth
17
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…
… & many more 18

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
26% growth in
Large Corporate NFB, 24% Market Leadership – YBL
FinTech & 96% of our Corporate 17% YTD
growth in processes 1 in 3 Digital
B2C Exchange Houses CASA is embedded with Corp. CA
Trade FB and Payment transaction in India
Digital & Transaction growth YoY UPI – 53.2% Rank #1 | NEFT –
17% growth
Banking Product & SCB D/V 10.8% | IMPS – 9.6% | NACH –
Solutions 16.5% Rank #2 | AePS – 36.2%
Large Corporate Insurance / MFs Rank#1
B2B / Broking 70% growth in 2x YoY growth
Asset under in Corp. IBU
Custody CA 97% in NACH & 46% growth in
2+ PPI* covers 80% BBPS YoY
Co-operative / CA, 91% TP, 90% FB, ~22% Market Share in Bullion
Pharma within the Banking Industry and
Small Finance Banks 85% NFB & 96% NCF &
94% TBG Fees 60+% YTD ~7% Market Share in LRS
43% YoY
growth in
growth in CMS
Mandate
Thruput
executed YoY
Media & Government 92% growth in total Statutory
Entertainment Schemes payments
44% growth in direct taxes
87% of all Lending 5% of CA Book (103% growth in GST payments
Clients have 1+ TBG 25% growth in and 11% of 70% growth in EPFO payments,
Product Embedment Trade & CMS Trade NFB Direct empanelment
Education, Fees from NTB 22X growth in Custom Duty/
NBFC
Hospitals & Hospitality clients Excise Payments
* PPI @ Product Penetration Index, FB @ Fund Book, NFB @ Non-Fund Book, TBG @ Transaction Banking Group, DB @ Digital Banking, NCF @ Non-Credit Flows 19 19
# 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 PSP Bank Powering ~119 mn txn daily
CAGR 30.1% (Q4FY22-Q1FY25) CAGR 77.5% (Q4FY22-Q1FY25)
120
36.2% 36.2% 40.0%
110 35.0%
24.0
53.3% 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 16.2% (Q4FY22-Q1FY25)
60 10.0%
9.0
10.5
11.2
10.8
10.9
22.0
50 5.0% 10.0%
6.0
9.3
6.0
57 61 71 80 89 98 103
40 0.0%
3.0
96%
0.0%
Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 95% 95%

Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 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 69.0% (Q4FY22-Q1FY25) CAGR 124.6% (Q4FY22-Q1FY25) 50%
Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25

16.5% 18.0%
86.0
15.3%
35.0
14.7% 16.0%
% CC Issued Digitally
12.7%
76.0
14.0%
30.0
66.0 11.3% 1 Includes offline assisted journeys

9.7%
12.0%
25.0
56.0
10.0%
20.0
46.0
8.0%
15.0
36.0
6.0%
10.0
26.0
4.0%
10.0
24.6
20.1
18.5
20.6
21.8
32.7
11.6
36.3
44.9
53.9
62.4
70.7
73.7
5.0
16.0
2.0%
0.0 6.0 0.0%
Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
CMS Throughput (INR Tn) NACH (Transactions, Mn) NACH Market Share
AePS – Aadhar Enabled Payment System; UPI – Unified Payments Interface; PSP – Payment Service Provider 20
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
Highest Score amongst bank for climate Universal Index, ACWI scheduled commercial
FTSE4Good Index disclosures 2023 –
Indian banks in the Series Climate Change Index, banks on climate
2023 S&P Global CSA* rated ‘A-’ (Leadership among others preparedness – Climate
Band) 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) 2023 - (Score as of Dec. 1, 2023)
Integrating ESG considerations across the Bank’s
business and operations
Environment Social Governance
First Bank globally with an ISO 21.8% women participation* in the Bank’s 54% of the Directors on the Bank’s
14001:2015 certified Environmental workforce with a target to achieve 25% Board are Independent Directors
Management System covering 1,186 gender diversity by FY 2024-25
facilities 23% of Directors on the Bank’s Board
are women
6.56 lakh* active women customers
Net zero by 2030: Committed to 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 through
and Social Risk Management System (ESMS) to 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 finance: Focussed financing
towards 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
*As on March 31, 2024 22

Contents
YES BANK Franchise
23
Results At a Glance – Q1FY25
Arrows indicative of Y-o-Y Trends
Total Assets Advances Total Disbursements2 Deposits CD Ratio Advances Mix

Retail & SME: Mid Corp: Corporate
407,697 229,565 20,910 v/s. 265,072 86.6% v/s.

60%:15%:25%
14.6%: Y-o-Y 14.7%: Y-o-Y 24,730 Q1FY24 20.8%: Y-o-Y 91.3% Q1FY24 61% : 14% : 25% in Q1FY24
0.5%: Q-o-Q 0.8%: Q-o-Q 32,709 Q4FY24 -0.5%: Q-o-Q 85.5% Q4FY24 62% : 15% : 23% in Q4FY24
Net Interest Income Non-Interest Income Operating Profit Profit After Tax NIM% C/I Ratio 1
2,244 1,199 885 502 2.4% v/s. 74.3% v/s.
12.2%: Y-o-Y 5.1%: Y-o-Y 8.2%: Y-o-Y 46.7%: Y-o-Y 2.5% Q1FY24 73.9% Q1FY24
4.2%: Q-o-Q -23.6%: Q-o-Q -1.9%: Q-o-Q 11.2%: Q-o-Q 2.4% Q4FY24 75.8% Q4FY24
Net Carrying Value of SRs

CASA Ratio CET 1 Ratio 3 GNPA NNPA as % of Advances LCR 4
30.8% v/s. 13.3% v/s. 1.7% v/s. 0.5% v/s. 0.4% v/s. 137.8% v/s.
29.4% Q1FY24 13.6% Q1FY24 2.0% Q1FY24 1.0% Q1FY24 1.3%: Q1FY24 127.0% Q1FY24
30.9% Q4FY24 12.2% Q4FY24 1.7% Q4FY24 0.6% Q4FY24 0.6%: Q4FY24 116.1% Q4FY24
1 Normalized C/I at 71.8% v/s. 76.4% (Q1FY24) and 71.5% (Q4FY24)- (ex- PSLC, Interest on Income Tax Refund & realised/ unrealised gain on Investments & Treasury Income)
2 Includes Limit Setups for SME; 3 Includes Profits and proceeds from Warrants conversion; 4 Average for the quarter on Consolidated basis 24
Highlights for Q1FY25 (1)
1 Balance Sheet Highlights 2
▪ Robust Deposit accretion & improvement in CASA Ratio on Y-o-Y basis; Q-o-Q marginally lower in line with Q1 seasonality
• Deposits grew 20.8% Y-o-Y and marginally down 0.5% Q-o-Q; CD Ratio at 86.6% v/s. 91.3% in Q1FY24 and 85.5% last quarter
• CASA Ratio at 30.8% v/s. 29.4% in Q1FY24 and 30.9% in Q4FY24
▪ Sustained growth momentum in SME and Mid Corporate Advances
• SME Advances up 23.8% Y-o-Y1 and Mid Corporate Advances up 25.0%1 Y-o-Y
• SME/ Mid Corporate Advances Mix at 16.2%/ 14.9% respectively, v/s. 14.4%/ 13.7% in Q1FY24
▪ Focus on Mix calibration within Retail Advances segment; growth in Corporate
• Retail Advances up 9.4%1 Y-o-Y and down 3.1%1 Q-o-Q
• Corporate Advances up 13.8% Y-o-Y and 6.3% Q-o-Q v/s. decline seen over last few years
▪ CET I Ratio at 13.3% v/s. 13.6% in Q1FY24 and 12.2% in Q4FY24, aided by proceeds from Warrants conversion by both the Private Equity Investors during the quarter
▪ Asset Quality: (NNPA + net carrying value of SR)% below 1%; NNPA Ratio and PCR continue to improve Q-o-Q
• (NNPA + net carrying value of SR) as % of Advances continued to improve to 0.9% in Q1FY25 v/s. 2.4% in Q1FY24 and 1.1% in Q4FY24
• GNPA ratio at 1.7% v/s. 2.0% in Q1FY24 and 1.7% in Q4FY24
• NNPA ratio improved to 0.5% v/s. 1.0% in Q1FY24 and 0.6% in Q4FY24
• NPA Provision Coverage Ratio (PCR) at 67.6% v/s. 48.4% in Q1FY24 and 66.6% in Q4FY23; Including Technical Write- offs, PCR at 80.1% v/s. 67.8% in Q1FY24 and 79.3% in Q4FY24
• Strong Resolution momentum with recoveries and resolutions at INR 1,581 Crs2 in Q1FY25
• Gross Slippages for Q1FY25 lower both Y-o-Y & Q-o-Q at INR 1,205 Crs (2.1% of Advances) v/s. INR 1,482 Crs (3.0% of Advances) in Q1FY24 & 1,356 Crs (2.4% of Advances) in Q4FY24
1 Growth rates normalised for Inter- segment movement of Products and Customers during the quarter
2 Including recoveries from Security Receipts of INR 732 Crs
25
Highlights for Q1FY25 (2)
1 P&L Highlights 2
▪ Highest ever Quarterly Net Profit since Reconstruction at INR 502 Crs for Q1FY25 up 46.7% YoY and 11.2% Q-o-Q
• RoA for Q1FY25 at 0.5% v/s. 0.4% in Q1FY24 & 0.5% in Q4FY24
▪ NII up 12.2% Y-o-Y and 4.2% Q-o-Q; NIMs steady Q-o-Q at 2.4%
• NII at INR 2,244 Crs for Q1FY25 up 12.2% Y-o-Y & 4.2% Q-o-Q
• NIMs at 2.4% for Q1FY25 vs. 2.5% in Q1FY24 and 2.4% last quarter
▪ Non-Interest Income: Normalised growth of 20.5% Y-o-Y (ex- realised/ unrealised gain on Investments & Treasury Income)
• Non-Interest Income for Q1FY25 at INR 1,199 Crs at 1.2% of Average Assets (annualized)
▪ Normalized Cost-to-Income Ratio 71.8% v/s. 76.4% (Q1FY24) and 71.5% (Q4FY24)- (ex- PSLC, Interest on Income Tax Refund & realised/ unrealised gain on Investments & Treasury Income)
▪ Provision Costs at INR 212 Crs (0.2% of Assets- annualized) down 41.2% Y-o-Y & 55.0% Q-o-Q
• Gross P&L gain from Security Receipts at INR 654 Crs for Q1FY25
Key initiatives/ Achievements

▪ During the quarter both CA Basque Investments and Verventa Holding Ltd. have exercised the outstanding Warrants – proceeds resulting in 100 bps accretion to CET-1 %
▪ Global Rating Agency Moody’s Upgraded the Rating Outlook to “Positive” from “Stable” in July 2024. As per Moody’s, this reflects their “expectation that a gradual improvement in Yes
Bank's depositor base and lending franchise will help improve its core profitability over the next 12-18 months”
▪ ICRA upgraded Credit rating on the Bank’s Basel III Tier II Bonds and Infrastructure Bonds from A- to A
▪ Introduced YES Grandeur: A Premier Banking Experience for the Elite and Emerging Affluent Segments
▪ Announced Strategic Partnership with EBANX- a global Brazil based fintech company to empower Cross-Border Commerce in India. EBANX specializes in payment solutions for
Emerging Markets and will provide leverage to the Bank’s presence in cross-border payment processing and global commerce opportunities for merchants and customers in India.
▪ Launched Yes Private Business, an enterprise banking program that seamlessly blends a full array of business banking solutions along with best-in-class service delivery
26
Profit and Loss Statement
• Net Profit for Q1FY25 at INR 502 Crs up Quarter Ended Growth
46.7% Y-o-Y & 11.2% Q-o-Q. Profit and Loss Statement
Q1FY25 Q4FY24 Q1FY24 Q-o-Q Y-o-Y
• Q1FY25 NII at INR 2,244 Crs up 12.2% Y-o-Y Net Interest Income 2,244 2,153 2,000 4.2% 12.2%
and 4.2% Q-o-Q
Non Interest Income 1,199 1,569 1,141 -23.6% 5.1%
• NIM for Q1FY25 at 2.4% flat Q-o-Q Total Income 3,443 3,722 3,141 -7.5% 9.6%
• Non-Interest Income at INR 1,199 Crs. Operating Expenses 2,558 2,819 2,322 -9.3% 10.1%
Normalised realised/ unrealised gain on
Staff Cost 980 1,026 946 -4.5% 3.6%
Investments & Treasury Income, growth at
20.5% Y-o-Y Other Operating Expenses 1,578 1,793 1,377 -12.0% 14.6%
• Operating Costs at INR 2,558 Crs up 10.1% Operating Profit/(Loss) 885 902 818 -1.9% 8.2%
Y-o-Y and declined 9.3% Q-o-Q. Ex- PSLC Provisions 212 471 360 -55.0% -41.2%
cost, Opex grew 8.0% Y-o-Y
Profit Before Tax 674 432 458 56.0% 47.0%
• Ex- PSLC costs, Income Tax Refunds &
realised/ unrealised gain on Investments &
Tax Expense 171 (20) 116 NM 48.0%
Treasury Income, Normalized C/I Ratio at Net Profit / (Loss) 502 452 343 11.2% 46.7%
71.8% v/s. 76.4% (Q1FY24) & 71.5% (Q4FY24)
Yield on Advances 10.2% 10.3% 10.1%
• Provision Costs at INR 212 Crs (0.2% of
Cost of Funds 6.5% 6.4% 6.2%
Assets- annualized) down 41.2% Y-o-Y &
55.0% Q-o-Q Cost of Deposits 6.1% 6.1% 5.9%
• Gross P&L gain from SRs at INR 654 Crs NIM 2.4% 2.4% 2.5%
for Q1FY25 Cost to income 74.3% 75.8% 73.9%
27
Break Up of Non-Interest Income
• Non-Interest Income for Q1FY25 at INR 1 Quarter Ended Growth

Break up of Non Interest Income
1,199 Crs, up 5.1% Y-o-Y and down 23.6% Q1FY25 Q4FY24 Q1FY24 Q-o-Q Y-o-Y
Q-o-Q
Non Interest Income 1,199 1,569 1,141 -23.6% 5.1%
• Normalised for realised/ unrealised gain on Corporate Trade & Cash Management 228 242 204 -5.8% 11.8%
Investments & Treasury Income Core Fee Forex, Debt Capital Markets & Securities 70 132 224 -46.6% -68.6%
Income registered growth of 20.5% Y-o-Y Investment gains & Treasury Income (32) 15 119 NM NM
• Corporate Trade & Cash Mgmt. fees grew Corporate Banking Fees 57 69 43 -17.5% 32.7%
11.8% Y-o-Y in Q1FY25 Retail Banking Fees 843 1,125 670 -25.1% 25.9%
• Retail Banking Fees up 25.9% Y-o-Y in Trade & Remittance 163 164 140 -0.8% 16.0%
Q1FY25 Facility/Processing Fee 184 165 116 11.6% 59.0%
• Healthy product mix in Insurance Sales

Third Party Sales 140 253 125 -44.5% 12.7%
contributing to momentum in Third Party Interchange Income 171 250 144 -31.8% 18.7%
Sales General Banking Fees 185 176 145 5.4% 27.6%
Others (Interest on Income Tax Refund) - 118 - NM NM
• 28% Y-o-Y Growth in Retail Life
Insurance Premium
• 82% Y-o-Y growth in Mutual Fund Sales

with 50% Y-o-Y growth in MF AUM
• 173% growth in CMS activation
28
Break up of Operating Expenses
• Operating Costs at INR 2,558 Crs up 10.1% Quarter Ended Growth

Y-o-Y and declined 9.3% Q-o-Q. Ex- PSLC Break up of Operating Expenses
cost, Opex grew 8.0% Y-o-Y Q1FY25 Q4FY24 Q1FY24 Q-o-Q Y-o-Y
• Excluding PSLC Cost and other one-offs Staff 980 1,026 946 -4.5% 3.6%
Business Volume Linked 451 482 461 -6.4% -2.2%
• Ex- PSLC costs, Income Tax Refunds &
realised/ unrealised gain on Investments & IT 303 314 256 -3.5% 18.4%
Treasury Income, Normalized C/I Ratio at
71.8% v/s. 76.4% (Q1FY24) & 71.5%
Premises 270 250 221 8.0% 22.0%
(Q4FY24) Professional Fees 325 324 263 0.2% 23.4%
• Business volume linked expenses contained Others 229 423 175 -45.9% 30.7%
of which PSLC 63 254 13 -75.1% 404.1%
• Premises costs for Q1FY25 up 22.0% Y-o-Y
largely led by ~140 new branches opened Total Opex 2,558 2,819 2,322 -9.3% 10.1%
since Jan’23
• Others: Include PSLC Cost of INR 63 Crs

during the quarter v/s. INR 13 Crs in Q1FY24
and INR 254 Crs in Q4FY24.
Professional Fees primarily comprise of Bureau costs and vendor fees related to Collections, Contact Centre and other consulting and legal costs
29
Provisions and P&L
• Provision cost for Q1FY25 down 19.5% Y-o-Y Quarter Ended Growth
and 15.0% Q-o-Q Break up of Provisions
Q1FY25 Q4FY24 Q1FY24 Q-o-Q Y-o-Y
• Non-Tax provisions down 41.2% Y-o-Y
and 55.0% Q-o-Q Operating Profit/(Loss) 885 902 818 -1.9% 8.2%
• Gross Slippages for Q1FY25 at INR 1,205 Provision for Taxation 171 (20) 116 NM 48.0%
Crs v/s. INR 1,482 Crs in Q1FY24 and INR
1,356 Crs in Q4FY24
Provision for Investments (318) (567) 144 -44.0% NM
• Slippages Net of Recoveries and
Upgrades in Q1FY25 at INR 499 Crs v/s. Provision for Standard Advances & Others 17 138 (98) NM NM
INR 808 Crs in Q1FY24 and INR 370 Crs
in Q4FY24 Provision for Non Performing Advances 513 900 314 -43.0% 63.3%
• Provisions for Investments include: Total Provisions 383 451 476 -15.0% -19.5%
• Gross recoveries from Security Receipts
Net Profit / (Loss) 502 452 343 11.2% 46.7%
at INR 732 Crs in Q1FY25 resulting into
Gross P&L gain of INR 654 Crs
Return on Assets (annualized) 0.5% 0.5% 0.4%
• Resolution momentum continues to be strong
with Total Recoveries & Upgrades for Q1FY25 Return on Equity (annualized) 4.5% 4.3% 3.3%
at INR 1,581 Crs
Earnings per share-basic (non-annualized) 0.16 0.16 0.12
• NNPA + net carrying value of SR as % of
Advances at 0.9% v/s. 2.4% in Q1FY24 and
1.1% in Q4FY24
NM = Not Measurable 30
Balance Sheet
• Balance Sheet grew 14.6% Y-o-Y Balance Sheet 30-Jun-24 31-Mar-24 30-Jun-23 Q-o-Q % Y-o-Y %
• Advances growth at 14.7% Y-o-Y Assets 407,697 405,493 355,754 0.5% 14.6%
• Robust growth momentum sustains in

Advances 229,565 227,799 200,204 0.8% 14.7%
Deposits at 20.8% Y-o-Y Investments 88,514 90,235 70,971 -1.9% 24.7%
Liabilities 407,697 405,493 355,754 0.5% 14.6%
• C/D ratio at 86.6% v/s. 91.3% in Q1FY24
and 85.5% in Q4FY24 Shareholders Funds 45,649 42,145 41,161 8.3% 10.9%
Total Capital Funds 47,389 43,792 45,048 8.2% 5.2%
• Disbursements of INR 20,910 in Q1FY25
Deposits 265,072 266,372 219,369 -0.5% 20.8%
Disbursements Q1FY25
Borrowings 80,128 79,941 74,747 0.2% 7.2%
Retail Assets 7,440
Rural Assets 963
Break up of Deposits 30-Jun-24 31-Mar-24 30-Jun-23 Q-o-Q % Y-o-Y %
SME 1 7,020
CASA 81,567 82,317 64,568 -0.9% 26.3%
Mid Corporate 1,429
Current Account 36,834 41,344 30,477 -10.9% 20.9%
Corporate 4,058
Savings Account 44,733 40,973 34,090 9.2% 31.2%
CASA Ratio 30.8% 30.9% 29.4%
Term Deposits 183,505 184,055 154,802 -0.3% 18.5%
Certificate of Deposits - - 197 NM NM
Total Deposits 265,072 266,372 219,369 -0.5% 20.8%
1 Includes sanctions/ limit set-ups 31

Break up of Advances & Deposits
• SME Advances up 23.8% Y-o-Y1; Mid Segmental Break up of Advances 30-Jun-24 31-Mar-24 30-Jun-23 Q-o-Q % Y-o-Y %
Corporate Advances up 25.0%1 Y-o-Y 1 1
Retail 101,781 105,103 94,445 -3.1% 9.4%
1 1
• Corporate Advances up 13.8% Y-o-Y and SME 37,147 35,327 28,899 5.3% 23.8%
6.4% Q-o-Q v/s. decline seen over last few 1 1
Mid corporate 34,309 34,393 27,342 -0.3% 25.0%
years
Corporate 56,328 52,976 49,518 6.3% 13.8%
• Strategic slowdown in Retail Assets growth Total Net Advances 229,565 227,799 200,204 0.8% 14.7%
with focus on Profitability improvement
• CASA + Retail TDs2 at 57.6%

Segmental Break up of Deposits 3 30-Jun-24 31-Mar-24 30-Jun-23 Q-o-Q % Y-o-Y %
• Average daily CA for Q1FY25 grew 21.7% Y- Retail & Branch Banking led Deposits 142,452 141,523 117,608 0.8%1 21.3%1
o-Y and 10.4% Q-o-Q despite decline on Q-o- Retail & Branch Banking CASA Ratio 35.9% 36.6% 34.7%
Q basis in EOP values 1 1
Other Deposits 122,620 124,849 101,565 -2.0% 20.3%
• Average daily SA for Q1FY25 up 28.5% Y-o- Other CASA Ratio 24.7% 24.4% 23.3%
Y and 8.7% Q-o-Q Total Deposits 265,072 266,372 219,173 -0.5% 20.9%
• Retail CASA Accounts opened: ~378K in

Q1FY25
1 Normalised for Inter- segment movement of Products and Customers during the quarter
2 Based on Balances </= INR 2 Crs on an Account Level; 3 Excluding Certificate of Deposits; basis internal business segmentation 32
Break up of Investments
• Total Net Investments at INR 88,514 Crs

Investments Breakup
• SLR – INR 79,657 Crs
• Non SLR – INR 8,857 Crs
• Standard Performing- INR 6,509 Crs:

98% Rated AA and above HTM 1.2%
• Security Receipts- INR 857 Crs
• Others1- INR 1,491 Crs AFS 4.3%
• Impact of RBI’s revised regulatory framework SLR 90.0% NSLR 10.0%

(dated Sep 12, 2023) effective April 1, 2024
• Net Gain of INR 125 Crs (net of tax) in HFT 3.0%

the Networth- recognised transition gain
in General Reserve
FVTPL 1.3%
• Additionally, transferred INR 102 Crs
SUBSI 0.3%
held in Investment Reserve to General
reserve
1 Includes Equity, Preference, CDR, US Treasury Bills, NPI & Others 33

NPA Highlights
• GNPA Ratio at 1.7% flat Q-o-Q Asset Quality Parameters 30-Jun-24 31-Mar-24 30-Jun-23
Gross NPA (%) 1.7% 1.7% 2.0%

• NNPA Ratio at 0.5% down 10 bps Q-o-Q
Net NPA (%) 0.5% 0.6% 1.0%
Provision Coverage Ratio excl. Technical W/O (%) 67.6% 66.6% 48.4%
• Gross Slippages for Q1FY25 at INR 1,205
Provision Coverage Ratio incl. Technical W/O (%) 80.1% 79.3% 67.8%
Crs v/s. INR 1,482 Crs in Q1FY24 and INR
1,356 Crs in Q4FY24 30-Jun-24 31-Mar-24 30-Jun-23
Segmental GNPA
GNPA (%) GNPA (%) GNPA (%)
• Slippages Net of Recoveries and
Retail 1,807 1.8% 1,708 1.6% 1,224 1.3%
Upgrades in Q1FY25 at INR 499 Crs
SME 562 1.5% 433 1.2% 386 1.3%
v/s. INR 808 Crs in Q1FY24 and INR
Mid corporate 521 1.5% 527 1.5% 210 0.8%
370 Crs in Q4FY24
Corporate Banking 954 1.7% 1,314 2.4% 2,253 4.4%
• Retail Segment Gross Slippages for Total 3,845 1.7% 3,983 1.7% 4,073 2.0%
Q1FY25 at INR 1,056 Crs v/s. INR 977 31-Mar-24 Movement 30-Jun-24
1
Crs in Q4FY24 Movement of GNPA
Opening Additions Upgrades Recoveries Write Offs Closing
Retail 1,651 1,056 262 108 530 1,807
SME 487 137 29 32 2 562
Mid corporate 527 2 0 7 0 521
Corporate 1,317 11 16 252 105 954
Total 3,983 1,205 307 399 637 3,845
1
34
Opening Balance for Mar-24 includes the impact of for Inter- segment movement of Products and Customers during the quarter
Summary of Labelled & Overdue Exposures
• Slippage of INR 32 Crs in Q1FY25 from 30-Jun-24 31-Mar-24 30-Jun-23

Particulars
Standard Restructured Advances pool of Gross Provisions Gross Provisions Gross Provisions
Q4FY24 NPA 3,845 2,599 3,983 2,653 4,073 1,972
Other Non Performing Exposures 6,500 4,861 6,901 4,830 8,579 4,853
• Recovery and Repayments from Standard
Restructured accounts amounted to INR 100 NFB of NPA accounts 978 195 985 198 1,209 217
Crs NPI 97 97 110 110 146 63
Security Reciepts 5,426 4,569 5,806 4,521 7,224 4,573
• Upgrades from Restructured to Standard
Total Non Performing Exposures 10,345 7,459 10,883 7,483 12,652 6,825
Advances amounted to INR 20 Crs
Technical Write-Off 1 2,430 2,430 2,430 2,430 2,451 2,451
• Recoveries from Security Receipts during Provision Coverage incl. Technical W/O 77.4% 74.5% 61.4%
the quarter aggregated to INR 732 Crs Std. Restructured Advances 2 3,643 292 3,792 316 4,682 468
Erstwhile 10 6 11 4 298 52
• Provision Coverage on Security Receipts
at 84.2% DCCO related 1,852 93 1,852 93 1,489 74
MSME 72 10 101 13 539 54
• Overdue book of 31-90 days down to INR Covid 1,710 183 1,829 207 2,355 287
3,623 Crs from INR 3,863 Crs in Q1FY24 and
Other Std. exposures 3 321 112 330 116 353 123
INR 3,864 Crs in Q4FY24
61-90 days overdue loans 1,809 1,879 2,594
Of which Retail 1,165 987 705
31-60 days overdue loans 1,815 1,805 1,269
Of which Retail 1,550 1,294 1,034
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. 35
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 13.3%
1 Bank’s Capital Adequacy Ratio 1
18.3%
16.5%
15.4% During the quarter both CA Basque
4.7%
3.2%
3.2% CRAR Investments and Verventa Holding
TIER II Ltd. have exercised the outstanding
13.3% 13.6% CET 1
12.2% Warrants
30-Jun-24 31-Mar-24 30-Jun-23

RWA to Total Assets at 70.3% vs.
2 CET I Q-o-Q Movement in Q1FY25
69.1% in Q1FY24 and 70.3% in
Q4FY24
1 Includes Profits; 2 Investment Fluctuation Reserve impact on account of Revised RBI Circular 36
Contents
YES BANK Franchise
37
Retail Bank:
Full spectrum retail bank growing with strong momentum
Strong growth in Retail Advances 1
Highest Ever
+9% Y-o-Y2
Pan-India
presence via 1,232
branches, 219 BC 61% of branches in 100,441 103,086 105,103 101,781
Top 200 deposit 94,445
banking outlets
and 1,308 ATMs, centers Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
CRM’s & BNA’s As % of total
47% 48% 47% 46% 44%
advances
Cater to all …along with healthy growth in Retail & Branch Banking led Deposits
customer
segments (HNI, +21% Y-o-Y2
~90% of
affluent, NRIs,
transactions via
mass, rural and 141,523 142,452
digital channels 117,608 125,552 132,821
inclusive banking)
with full product
suite Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
As % of total 53% 54%
54% 54% 55%
deposits
Leadership /
significant share Advanced score- In addition, continued momentum within Retail Fee Income
in payment and cards and analytics
digital being leveraged +26% Y-o-Y
businesses across underwriting
1,125 844
and engagement 670 797 802
(UPI, AEPS, DMT)
Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
1 Basis Internal Business Segmentation; excludes SME Advances, 2 Growth rates normalised for Inter- segment movement of Products and Customers during the quarter 38
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
Assisted Digital
Branches BCBO • ~96% Individual SA, ~95% Eligible CA accounts opened digitally
1,453 1,451 (individual+ sole prop)
1,377
1,391 • Comprehensive digital onboarding for Individual CA, Sole Proprietors,
1,362
219 219 COs & LLP
150 179 193
Current • Industry First - data backed Product Recommender - Auto fetch profile
& information from GST for KYC validation & right product
Savings recommendation in real time for New to Bank CA
Account Digital Co-origination enabled across CA & SA onboarding
1,212 1,198 1,198 1,234 1,232
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
Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 DIY with VKYC
• End to End STP journey for digital SA & individual CA account opening
3 Strong momentum in Granular Deposits
• DIY Journeys for Government schemes enabled – APY and PMJDY
Retail & Small Business Deposit (Gross LCR definition- EOP Balance) %Total deposits
Servicing
118,221 • Over 96 unique service journeys available on digital applications
120,000
+13% Y-o-Y 117,524 60.0%
• 61 on “IRIS by YES Bank” – Bank’s newest Digital app

113,247
• 77 on YES Online – Internet Banking Platform
115,000
55.0%
110,000 108,241 Servicing • 43 on YES Robot

50.0% & • 31 on WhatsApp Banking
105,000
103,554 Cross Sell
Cross Sell
47.2% 46.8%
45.0%
• End-to-end digital journeys for FD, RD, Credit card, MF, SGB,
100,000
46.2%
44.4% 44.3% insurance, IPOs, Card upgrades & quick loans, tax payments,
95,000 40.0%
Government schemes and Personal Loans

• Journeys available across DIY / Assisted
39
Retail Assets:
Fast growing diversified book
1 Retail Banking asset disbursements1: Calibration in Product mix 2 Diversified retail book2
Home Loans Preferred financier status

11,283 11,149 Secured Business Loans 3% with leading Auto OEMs
5% 19%
Personal Loans
9,769
9,517
2%
Auto Loans 6% 3%
Commercial Vehicle Loans
6%
Construction Equipment Loans
7,440 16%
Credit Cards
10%
Rural Banking
Business Loans
Inclusive & Social Banking 15% 15%
Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Others
3 On the back of purposeful digital investments 4 Strong focus on book quality & collections
• Loan in seconds (LIS) platform and front-end
automation initiatives (Yes Robot) have resulted in
97.2% 97.1%
lower TAT along with higher productivity 96.9% 96.9%
96.5%
• Adopted the account aggregator ecosystem as
FIU / FIP to capitalize on consent layer of India stack
• Sales Force implementation helping in process
improvement and customer delight Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25
• New digital collection management system and • High share of secured loans in Retail Assets book : nearly 80%, with healthy LTV ratios:
collection scorecards, further strengthening the • Avg. LTV for Affordable Home Loan ~65.6%
collection efficacy
• Avg. LTV for LAP ~54.4%
1 Excludes Rural Banking Assets, Credit Cards and Inclusive & Social Banking, 2 Split basis gross retail advances 40
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 1.8%

1,126
938 963
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 ▪ 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 indepth 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 17 states instant result, eSIGN and direct disbursement will help in improving the efficiency and
29%
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
71% • Monthly competitive benchmarking of interest rates and disbursement figures for
industry peers
Book size : INR 5,936 Cr
1 Excluding
41
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: 23.8%1

QoQ Growth: 5.3%
20% Working Capital & Term Loan
37,147 Channel Finance

2%
35,327
33,142 Commodity Finance
10%
30,979
28,899 68%
Non Fund Facilities
• Healthy Book : GNPA 1.5% of Fund Book Healthy mix of Non-Fund book at ~20%
3 SME Portfolio Granularity (Customers) 4 Growth avenues, Customer centricity & product innovation
Exposure Split by Ticket Size (By customers(#))
• Digital Empowerment :
5%
4% • Digital Lending Platform : Countrywide launch of DLP 2.0 to digitally onboard
(DIY/assisted) prospective SME customers.
0 - 0.5 Cr
• Digi OD : Extension of digital platform on high yielding unsecured overdraft product
0.5 - 1 Cr offering to pre-approved ETB customers (in addition to NTB customer acquisition).
16%
42%
• Customer Centricity : Active new client acquisition growth of 31% YoY Q1
1 - 2 Cr
• SME Direct Desk : Additional services added under exclusive direct desk for SME
2 - 5 Cr customers with an objective to further ease RM bandwidth
5 -10 Cr
15%
> 10 Cr
17%
1
42
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) 2,230 ▪ Steady growth in new card acquisition leading to 49% YoY growth in customer base
Book Size in Cr to reach ~2.23 million base.
Spends in Cr ▪ Internal Channels (Branch and Asset Cross Sell) continue to contribute 53% of the
1,496 acquisition
54.2%
1,283 Y-o-Y ▪ Highest ever Spends of INR 7,986 Crs in Q1 FY25. 54% YoY growth over Q1 FY24
52.7%
56.6% Y-o-Y ▪ Book size of INR 5,919 Cr at end of Q1 FY25. 52.7% YoY growth over Q1 FY24
54.1% Y-o-Y
Y-o-Y
7,986
5,179 5,919
2,515 3,308 3,876
Q1FY23 Q1FY24 Q1FY25

3 Product and Portfolio Engagement 4 Distribution Outreach and Digitization
▪ Recorded highest ever UPI spends of INR 968 Cr in Q1 FY25. 37.4% ▪ Digital contribution in new card acquisition at 97% for Q1 FY25.
growth over Q4 FY24 ▪ Extended NTB sourcing in ~650 additional pin-codes
▪ Online spends continues to contribute 53% of the total retail spends.
▪ Credit card functionalities hosted on IRIS :
▪ Highest ever digital channels’ contribution in overall term booking at
35% for Q1 FY25
o Activation and Transaction Control
▪ Retail spends per unique customer averaging at INR 14,250 for Q1
o Credit Card Bill Payment
FY25.
o Limit Enhancements and Upgrade
o Block and Re-issue
▪ ~1 lac credit card limit enhancement requests fulfilled in Q1 FY25 o Card Tokenization
43
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 Corporate & Government Advisory/ Food & Agri
Project CGA/ Strategic Advisory & Research - Knowledge
Financing with ring-fenced
Finance FASAR banking to uptier positioning
cash flows
Loan IFSC
Syndication Banking Unit
Underwrite & syndicate/ sell down Offshore product offerings through
to lower holds IBU at GIFT City, Gandhinagar
Growing Client Base and improving positioning with high focus on Risk and Returns
44
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 187 Relationship Bankers in 10 cities
Large
• Focus on providing wide suite of banking products to develop and maintain core
67,235
66,768
Corporates
56,328
bank status
62,559
52,966
60,349
50,029
49,518
48,393
55,762
• Team of 63 Relationship Bankers covering Indian Financial Institutions and

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
Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Institutions
2 Mid Corporate Book
Funded O/S Non-Funded O/S • Team of 75 Relationship Bankers spread across 36 locations
Government
Entities • Coverage of Government(s) and Administered Institutions with Comprehensive
Financial and Digital solutions expertise
34,393
34,309
31,263
29,294
27,342
15,506
•
14,656
Multinational Team of 44 Relationship Bankers spread across 8 locations

13,242
12,500
11,284
Corporates • Granular advances growth with focus on trade/cash/FX solutioning
• Team of 322 Relationship Bankers with a strong coverage with presence in 37

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
45
Wholesale Banking Business (2)
Building sustainable Liability Book
Wholesale Deposits
+20.3% Y-o-Y1
124,849
122,620
108,808 109,010
101,761

1
46
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.
47
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
37 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
48
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
49
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
50
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 51
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
Pan-India coverage Core Coverage MNC dominant location with Service and
Marquee • Salary Account, Credit Cards, digital transactions Digital capabilities matching global standards
& delivery
MNCs
• Primary Banker
Sectoral strategy aligned to bank’s strengths spanning
• Asset led liabilities 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
ups bodies/consultants/consulates towards acquisition and
• Solution oriented approach for liabilities revenue generation
New Entrants • FDI Inflows
Technology
Liabilities Banking Ecosystem Banking Knowledge Banking
• India Business facilitation advisory • Advisory on FEMA, Capital markets,

• Automation and Digitization of Processes international trade
• Strategic investment & merchant banking
• Bespoke CMS and Digital Banking offerings • Fiduciary Services
advisory
• Beyond Banking – Partner Solutions • Dedicated advisory unit with focus on Food
• Treasury, FX & Risk Management
• Sachetization of Solutions & Agri, Electric Vehicles, Electronics, Urban
• Trade & Supply Chain Finance
Infrastructure
52
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
53
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
54
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
55
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
Network (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
56
Financial Markets –
Customised solutions for clients
>15 yrs Remittances FX All

32%
Currency
Exotics Notes Active FX trading desk FX GO Available across digital
5-15 yrs Imports for market making
Full
platforms for Rate booking
36% providing best in class YesFX
FX Sales Product
Suite pricing for customer
FX and Retail Contributes 50% of
<5 yrs 32% Interest Forward transactions and CCIL FX Retail overall income
Rates s Platform
Swaps
Propriety trading
FX YesFX Online
Options
60+ Member experienced
professionals
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
Bullion Traders Extended
Consignment import 3rd Largest Bank for
Gold specialized desk
Bullion Desk Gold Silver Metal Jewellery Mftg Bullion in India
coverage
Loan
Outright domestic and Export
Sales Jewellery Exporters
57
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 Sunil Kaul2
Executive Director Nominee Director appointed by SBI Nominee Director appointed by SBI Non- Executive Director Non- Executive Director
1 Non-Executive– Nominee of Verventa Holdings Limited 58

2 Non-Executive– Nominee of CA Basque Investments
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 Dheeraj Sanghi Sachin Raut

Gaurav Goel Chief Human Resources Officer Country Head - Branch and Affluent Banking Chief Operating Officer
Country Head- Emerging Local Corporate
Ajay Rajan Rakesh Arya Dhavan Shah

Akshay Sapru Country Head - Small Medium Enterprises
Country Head- Transaction Banking, Govt. Chief Credit Risk Officer
Country Head - Affluent and Private Banking Banking
Banking and Multinational Business and Liabilities Products
Sandeep Mehra
Mehul Desai Chief Vigilance Officer Mahesh Ramamoorthy
Sanjiv Roy
Zonal Head – Large Corporates – Country Head - Fee Based Products & Service Chief Information Officer
West Shivanand R. Shettigar1 Experience
Company Secretary Nipun Kaushal
Parminder Singh Chief Marketing Officer and Head CSR
Lavesh Sardana
Zonal Head – Large Corporates – Tushar Patankar2 Country Head - Retail Assets and Debt
North, East and South Anil Singh
Chief Risk Officer Management
Country Head - Credit Cards and Merchant
Indranil Pan Rajat Chhalani3 Acquiring
Chief Economist
Chief Compliance Officer
Amit Sureka Kapil Juneja3

Country Head- Financial Markets Chief Internal Auditor
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 59
Strong people focus: Stable leadership with focus on up-skilling talent,
objective performance management & enabling employee flexibility
• Employees in Grades G1 to G3 with an average vintage of ~9 years within the Bank combined with top talent from
the industry.
Leadership • Leadership Excellence Acceleration Workshop was conducted for Business Heads and Zonal Heads of SME Average
Banking unit, to further enhance the leadership capabilities, and to inspire and guide teams through change
Development management thereby equipping the leaders to build high-performing teams. Vintage
Grades2 Q1FY251 (in years)
• Rising Stars, an insightful 2-day leadership program was conducted for select emerging leaders from Corporate
Businesses. The program focused on importance of self-awareness, managing oneself while taking on bigger
challenges in the transformational journey of the Bank and making these leaders future ready.
• Virtual Relationship Managers from Spectrum Banking attended the VRM Elevate Program, aimed at enhancing
skills, knowledge, and capabilities of the learners through interactive training sessions and through valuable insights G1 to G3
Knowledge into Retail Assets Products and tools. 9
346
Management • Credit Risk Analysis Workshop was designed for employees in Risk Management Unit for an enhanced
understanding of Credit Risk Assessments using case-study approach.
• Select HR leaders attended a brainstorming session on ‘AI for HR’ focused on adoption and efficient use of AI in HR.
The session highlighted the transformative potential of AI in streamlining HR Processes, enhancing decision making
G4 to G6
and ultimately driving a more engaged and productive workforce. 4,011 5
• The Bank celebrated ‘Pride Month’ with an interactive session ‘YES TO ALL – LGBTQIA+ Perspective’ , aimed to
create awareness on topics such as gender/sex/sexuality. It also focused on debunking common myths and G7 to G12
D&I
highlighted ways to be an ally. The session underscored the importance of Diversity, Equity and Inclusion (DEI) and 24,175 2
emphasized the critical role each employee plays in nurturing a culture of inclusion within the Bank.
Initiatives
• The‘1000 Women Leaders’ initiative, launched in partnership with Jombay is an ambitious and commendable
program designed to foster growth and transformation of emerging women leaders within the organization. Spanning
over six months, this initiative provides a comprehensive journey that combines mentorship, training and networking
opportunities, all aimed at creating a robust support system for women professionals. 28,532
Total
• The Bank launched ‘YES Library’, an enriching reading platform for employees to help them gain access to a
diverse collection of books, This initiative aims to ignite curiosity and expand horizons by offering a variety of genres Total headcount of 28,534 with a net addition of 533 staff over the
across different formats including paperbacks/ e-books/a audiobooks), It underscores the Bank’s commitment to headcount of March 31, 2024
Employee creating a stimulating and supportive work environment that values knowledge and lifelong learning.
Engagement 1 Data as on June 30, 2024
• The Bank undertook various initiatives to support and enhance the health and happiness quotient of its employees . 2 The data is as per revised grade structure and excludes
This included sessions on Yoga, Sound healing, Mental health. Employees participated in Inter-Corporate sports
MD & CEO and Executive Director
events like cricket, soccer, and badminton, promoting physical fitness and teamwork which also won some laurels for
the Bank. The Bank’s commitment to sustainability continued in the form of organizing workshops on ‘Bio-enzyme
making’ which provided employees with insights into eco-friendly practices
60
Strong Investor base
Well diversified Investor base: Shareholding Pattern as on June 30, 2024
Category %
STATE BANK OF INDIA
Banks 33.7% 24.0%

VERVENTA HOLDINGS
FDI 16.1% CA BASQUE INVESTMENTS
48.6% 1
Resident Individuals 30.2% 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 2.8% 1.0% 1.2% Others
2.8%
2.4%
TOTAL 100.0%
1 LIC along with its various schemes 61

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 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: Rating Outlook
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- Upgraded to Positive from
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 Stable
positive outlook Infrastructure Bonds to BB+ from D BASEL II Upper Tier II BB+ from D CRISIL: A-; A1+ short term; from A-/ BBB+ ICRA: Basel III Tier II A from A-
Short Term FD/CD Programme to A4+ BASEL II Lower Tier II BBB from BB+ Positive Infra Bonds A from A-
from D Infrastructure Bonds to BBB from BB+ Moody’s : Ba3; Stable
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 Positive A1+
ICRA A A Positive
India Ratings A A Stable
CARE A A Positive A1+
62
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.

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YBL/CS/2024-25/67

July 20, 2024

National Stock Exchange of India Limited BSE Limited

Dear Sir / Madam,

For YES BANK LIMITED

Encl: Press Release and Investor Presentation

YES BANK ANNOUNCES FINANCIAL RESULTS

Digital & Other Highlights/ Achievements

ABOUT YES BANK

Balance Sheet Highlights

Key Balance Sheet Ratios

Q1FY 25 Financial Results

CASA Ratio 36.5% CASA Ratio 26.6% 3. CASA Ratio 30.8%

Progress on Profitability Improvement

Financial Results- Q1FY25

YES BANK Franchise

Maximizing Branch Distribution as the ‘Fulcrum of Business’

Rationalization of Cost Structure Rising share of digital contribution 14

Improvement in Cost to Income Ratio

48% 45% 43% 43% 48%

23.8% Y-o-Y 18.0%

28,130 15.5% 15.0%

20,000 12.0% 20,000 12.5%

FY23 Q1FY24 H1FY24 9MFY24 FY24 Q1FY25

Advances Mix Deposits mix Gross Income Mix

17% 20% 20%

60% 62% 60% 52% 53% 54% 48% 51% 52%

FY23 FY24 Q1FY25 FY23 FY24 Q1FY25 FY23 FY24 Q1FY25

FY23 FY24 Q1FY25

Employees PPOP/ Assets

0.9% 0.9% 0.9%

FY23 FY24 Q1FY25

75% 69% 74%

16,679 18,213 10.0%

Q1FY24 Q1FY25 36% 39%

Sourcing through Internal Channels DSA Sourcing FY23 FY24 Q1FY25

SME Fees As % of Advances • Digital Empowerment :

• Digi OD : Extension of digital platform on high yielding unsecured overdraft product

105 122 1.3%

FY23 FY24 Q1FY24 Q1FY25

FY23 FY24 Q1FY25 Mid Corporate Fees As % of Advances

14% CAGR 500

Advances Deposits Non- Fund 200

112 127 1.3%

• Strong Liability Franchise; Share of CA Ratio ~23% 100

• Strong coverage – presence across 37 key geographies

FY23 FY24 Q1FY25

1 Food and Agribusiness Strategic Advisory and Research Group 11

116.1 111.9 23.0% 22.5%

100.0 100.0 20.1%

2 Acceleration in customer acquisition - 0%

FY23 FY24 Q1FY24 Q1FY25

110.4 Strong traction in Branch Banking Fee Income 3

CASA EOP NAV- Monthly Avg. 21.2% 731

FY23 FY24 Q1FY24 Q1FY25 Core Fees as % of Assets

38.8% Y-o-Y 1.27%

1,141 1,199 1,023 1,231

Total Other Income Core Fees FY23 FY24 Q1FY24 Q1FY25

3,394 30.7% Y-o-Y