FIL | Photo credit: AINNIE ARIF
The Mumbai-based bank, in which Japan’s Sumitomo Mitsui Banking Corporation bought a 24 per cent stake last year, posted a standalone net profit of ₹952 crore for the three months ended December, up 55 per cent from ₹612 crore a year earlier.
The deal marked one of the major foreign investments by a Japanese financial institution, which is looking to secure new sources of growth after years of rock-bottom interest rates at home.
Profits rose as the bank cut provisions for bad loans and other contingencies by 91 per cent to ₹220 crore, after building buffers on its balance sheet for a few quarters.
Yes, the Bank’s net interest income rose 10.8 per cent to ₹2,465 crore from ₹2,223 crore, while domestic loans rose 5.2 per cent. Deposits increased by 5.5 percent in line with credit growth.
Yes Bank’s net interest margin, a key measure of a bank’s profitability, rose to 2.6 percent from 2.5 percent in the previous quarter as deposit costs started to fall following India’s central bank cutting key interest rates by 125 basis points since February 2025.
The lender’s asset quality remained stable, with a gross non-performing asset ratio of 1.5 percent at the end of December, compared to 1.6 percent at the end of September.
Published on January 17, 2026
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