Finance
DoggfatherYES Bank Aims for 1% ROA by FY26, Says CFO Niranjan Banodkar
Yo, listen up! YES Bank is on the rise, lookin' to hit that 1% ROA by FY26, ya dig? CFO Niranjan Banodkar just dropped the news, sayin’ they racked up a cool Rs 952 crore profit last quarter, up 55% from last year. With a goal of 15% growth, they gotta keep it tight on those legacy issues, fo’ shizzle.
few days ago | Press Trust of India
Quick rundown
1.YES Bank aims for a 1% return on assets by fiscal year-end.
2.The bank's net profit surged by 55% annually in the December quarter.
3.SMBC's investment boosts YES Bank's growth potential.
4.YES Bank is reducing its RIDF balances to improve profitability.
5.The bank plans to retire high-cost borrowings for better asset deployment.
