Yes Bank Q1 FY26: Revival or Just PR-Driven Resuscitation?
1. At a Glance
Yes Bank reports ₹809 Cr Q1 profit (up 59% YoY), lowest NPAs ever, and plans to raise ₹16,000 Cr. But with a 23x P/E, negative operating margins, and memories of its past sins still fresh—are investors jumping the gun?
2. Introduction with Hook
If Lehman Brothers had a Bollywood-style comeback, it would look like Yes Bank. After being the villain of Dalal Street in 2020, it’s now trying to rewrite its script as a cautious hero.
Net Profit Q1 FY26: ₹809 Cr
Net NPA: Just 0.3% (from double-digits a few years back)
ROE: Still crawling at 5.44%
The question is—has the phoenix really risen, or is it still stuck in the ashes?
3. Business Model (WTF Do They Even Do?)
Yes Bank is a full-service private sector bank offering:
Retail & corporate banking
Credit cards, mortgages, personal & business loans
Wealth management
Digital banking (fast growing)
Investment banking (well… once)
It was once a tech-savvy darling of the street. Now, it’s fighting for respect with basics—like capital adequacy, clean books, and no CEO controversies.
