YESBANKNSE19 April 2025

Yes Bank Limited has informed the Exchange regarding a press release dated April 19, 2025, titled "Press Release and Investor Presentation on the Financial Results for the Quarter (Q4) and year ended ...

Yes Bank Limited

YBL/CS/2025-26/013

April 19, 2025

National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra - Kurla Complex Bandra (E), Mumbai - 400 051 NSE Symbol: YESBANK

BSE Limited Corporate Relations Department P.J. Towers, Dalal Street Mumbai – 400 001 BSE Scrip Code: 532648

Dear Sir / Madam,

Sub.: Press Release and Investor Presentation on the Financial Results for the Quarter

(Q4) and year ended on March 31, 2025

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 April 19, 2025, wherein the Bank had disclosed the Audited Standalone and Consolidated Financial Results of the Bank for the Quarter (Q4) and year ended on March 31, 2025, 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 (Q4) and Year ended on March 31, 2025, is also enclosed herewith for appropriate dissemination.

The weblink of BSE Limited and National Stock Exchange of India Limited providing the above information is being hosted on the Bank’s website www.yesbank.in pursuant to 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

Sanjay Abhyankar Company Secretary

Encl: Press Release and Investor Presentation

YES BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2025

Key Highlights

April 19, 2025

▪ FY25 Net Profit at INR 2,406 Crs up 92.3% Y-o-Y. Net Profit for Q4FY25 at INR 738 Crs up

63.3% YoY & 20.6% Q-o-Q.

• NIM for Q4FY25 at 2.5% trending upward Q-o-Q. NIM for FY25 stable at 2.4% • Non-Interest Income for FY25 at INR 5,857 Crs up 14.5% Y-o-Y. • NIL shortfalls in PSL Compliance in FY25; Mandated deposits in lieu of PSL Shortfalls

reduced to 8.7% as of FY25 from ~11% of Total Assets as at Mar’24,

• Q4FY25 Cost-to-income Ratio Sequentially lower for fourth successive quarter at

67.3% v/s. 75.8% (Q4FY24) and 71.1% (Q3FY25)

• Q4FY25 RoA at 0.7% v/s. 0.5% in Q4FY24 & 0.6% in Q3FY25. FY25 RoA at 0.6%

v/s. 0.3% in FY24.

▪ Balance Sheet momentum sustains with effective execution in line with strategic objectives. • Sustained Deposit accretion (up 6.8% Y-o-Y and 2.6% Q-o-Q) and improvement in CASA

Ratio (up 120 bps Q-o-Q and 340 bps Y-o-Y) to 34.3%

• Net Advances Growth at 8.1% Y-o-Y & 0.6% Q-o-Q aided by strong growth momentum in

SME and Mid Corporate Advances (at 23.6% & 21.8% Y-o-Y respectively)

• AYB2 Deposits grew 16.0% Y-o-Y; Stronger Y-o-Y growth in CA Deposits at 20.5% and

SA Deposits at 32.1%

• Retail & Branch Banking led Deposits growth at 17.9% Y-o-Y and 3.2% Q-o-Q

▪ Significant improvement in Asset Quality metrics, Provision Coverage Ratio; Fresh Slippages Improving Sequentially GNPA at 1.6%, NNPA at 0.3%, PCR improved to 79.7%

▪ Resolution momentum continues to be strong with Total recoveries and upgrades at INR

1,480 Crs1 in Q4FY25 and INR 5,923 Crs1 in FY25

▪ Restructured advances lowest ever at INR 424 Crs (0.2% of Advances)

▪ Net Carrying Value of Security Receipts – NIL.

▪ YES BANK gets authorized by Government of India for Direct and Indirect Taxes Collection - Goes live with seamless GST payment facility for customers as well as non-customers.

▪ S&P Global and CDP rated YES BANK highest- amongst Indian Banks for ESG and climate

disclosures - 3rd Year in a row.

1 Including redemption of Security Receipts of INR 795 Crs 2 Average Yearly Balance

Commenting on the results and financial performance, Mr. Prashant Kumar, Managing Director & CEO, YES BANK said, “The Q4FY25 marked yet another important quarter for YES BANK as it continued to make steady improvements across several key metrics and progressed well on the strategic objective of improving its profitability. The Bank exited the year with quarterly RoA of 0.7%, b) achieved 100% PSL compliance, c) further improved its Gross NPA and Net NPA ratios to 1.6% and 0.3% respectively – lowest levels since Mar’20, d) Brought down the net carrying value of Security Receipts to ‘NIL’ and e) Furthered expanded the CASA ratio by 340 bps Y-o-Y to 34.3% in FY25. YES BANK’s core franchise has gained significant momentum and is quite well placed to continue to thrive. The Bank remains disciplined and focused on its execution with its strategy and actions remain fully anchored around further improving its Positioning and Profitability.By going live with seamless collection facility for GST, the Bank added another important solution for its existing as well as prospective customers and augmented its Digital and Tech Capabilities. Highest ratings by S&P and CDP reaffirmed our commitment to responsible banking”.

Page 1 of 4

Profit and Loss

Financial Highlights

▪ Q4FY25 NII at INR 2,276 Crs up 5.7% Y-o-Y and 2.4% Q-o-Q.NII for FY25 at INR 8,944

Crs, up 10.5% Y-o-Y

▪ NIM for Q4FY25 at 2.5% vs 2.4% in Q4FY24. NIM for FY25 at 2.4%. ▪ FY25 Non-Interest Income at INR 5,857 Crs up 14.5% Y-o-Y. Non-Interest Income for

Q4FY25 at INR 1,739 Crs, up 10.9% Y-o-Y and 15.0% Q-o-Q.

▪ Operating Costs at INR 2,701 Crs down 4.2% Y-o-Y. PSLC costs incurred during the quarter aggregated to INR 97 Crs v/s. INR 254 crs in Q4FY24. Excluding PSLC cost,

o Opex for Q4FY25 grew 1.5% Y-o-Y o FY25 Opex grew 8.2% Y-o-Y v/s. 12.1% Y-o-Y growth in Total Income

▪ FY25 Operating Profit at INR 4,254 Crs up by 25.6% Y-o-Y. Q4FY25 Operating Profit at

INR 1,314 Crs up 45.6% Y-o-Y and 21.8% Q-o-Q

▪ FY25 Non-Tax Provision Costs at INR 1,086 Crs (0.3% of Assets) down 42.4% Y-o- Y. Sequentially, at INR 318 Crs (0.3% of Assets1) down 32.5% Y-o-Y but up 23.0% Q-o-Q.

▪ Net Profit for Q4FY25 at INR 738 Crs up 63.3% Y-o-Y & 20.6% Q-o-Q. FY25 Net Profit

at INR 2,406 Crs up 92.3% Y-o-Y

▪ Fourth successive quarter of reduction in C/I in line with guidance. ▪ FY25 RoA at 0.6% v/s. 0.3% in FY24. Q4FY25 RoA at 0.7% v/s. 0.5% in Q4FY24 & 0.6%

in Q3FY25.

Balance Sheet

▪ Net Advances at INR 2,46,188 Crs, registered growth of 8.1% Y-o-Y and 0.6% Q-o-Q

• Granular/ Diversified loan book – Retail & SME: Mid Corp.: Corp. mix at 59:17:24 vs.

62:15:23 last year and 58:16:26 last quarter

•

Fresh Disbursements of INR 27,734 Crs in Q4FY25 & INR 97,899 Crs in FY25

o Retail Asset Disbursements of INR 9,088 Crs in Q4FY25 (INR 32,563 Crs for

FY25)

o Rural Disbursements of INR 929 Crs (INR 3,824 Crs for FY25) o SME Disbursements1 of INR 9,767 Crs (INR 34,022 Crs for FY25) o Mid Corporate Disbursements of INR 1,680 Crs (INR 5,691 Crs for FY25)

▪ Total Balance Sheet grew 4.4% Y-o-Y ▪ CD Ratio at 86.5% vs. 88.3% in Q3FY25 and 85.5% in Q4FY24 ▪ Total Deposits at INR 2,84,525 Crs, up 6.8% Y-o-Y and 2.6% Q-o-Q

• CASA ratio at 34.3% vs. 30.9% in Q4FY24 and 33.1% Q-o-Q • Retail CASA Accounts opened: ~258K in Q4FY25 and ~13.15 lacs in FY25

• Retail and Small Business Deposits (Gross LCR Definition) grew 8.3% Y-o-Y

▪ Average Quarterly LCR during the quarter remains healthy at 125.0%; LCR as on March

31, 2025 at 129.8%

▪ CET 1 ratio at 13.5% : Total CRAR at 15.6%.

• RWA to Total Assets at 71.3% vs. 70.3% in Q4FY24 and 72.3% in Q3FY25

▪ Borrowings at INR 71,603 Crs down 10.4% Y-o-Y

1 Includes limit set-ups

Page 2 of 4

Asset Quality

▪

(NNPA + net carrying value of SR) as % of Advances at 0.3% in Q4FY25 v/s. 1.1% in Q4FY24 and 0.6% in Q3FY25

• GNPA ratio at 1.6% as of Mar 31, 2025, v/s 1.6% at Q3FY25 and 1.7% at Q4FY24

• NNPA ratio improved to 0.3% v/s. 0.5% last quarter and 0.6% at Q4FY24

▪ Gross Slippages for Q4FY25 at INR 1,223 Crs(2.0% of advances) Crs v/s. INR 1,348 Crs (2.2% of advances) in Q3FY25. Gross Slippages for FY25 at INR 5,090 Crs v/s. INR 5,334 Crs in FY24 • Slippages Net of Recoveries and Upgrades in Q4FY25 at INR 696 Crs v/s. INR 871

Crs Q3FY25, Net slippage for FY25 at INR 2,755 Crs

▪ Overdue Book of 31-90 days down to INR 3,705 Crs vs INR 3,980 Crs Q3FY25 and

INR 3,684 Crs in Q4FY24

▪

31-60 days book at INR 2,194 Crs vs INR 1,864 Crs last quarter

61-90 days book at INR 1,511 Crs vs INR 2,116 Crs last quarter

• • Resolution momentum continues to be strong with Total Recoveries & Upgrades for Q4FY25 at INR 1,480 Crs. FY25 cumulative recoveries and resolutions at INR 5,923 Crs

YES BANK’s Analyst conference call, scheduled on April 19, 2025 at 3:00 PM IST, can be heard at following link: https://www.yesbank.in/about-us/investor-relations/financial-information/financial-results

ABOUT YES BANK

YES BANK, a full-service commercial Bank headquartered in Mumbai, offers a wide array of products, services, and digital solutions, catering to Retail, MSME, and Corporate clients. The Bank operates its Brokerage business through YES SECURITIES, a 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

Net Interest Income

Non-Interest Income

Total Net Income

Operating Profit/(Loss)

Provisions

Net Profit / (Loss)

Basic EPS (INR)

Financial Highlights from Q4FY25 & FY25 Results

Profit & Loss Statement Highlights

(INR Cr)

Q4FY25

Q3FY25

Growth %

Q4FY24

Growth %

FY25

FY24

Growth %

2,276

2,224

2.4%

2,153

5.7%

8,944

8,095

1,739

1,512

15.0%

1,569

10.9%

5,857

5,114

4,016

3,736

7.5%

3,722

7.9%

14,801 13,209

10.5%

14.5%

12.1%

1,314

1,079

21.8%

318

738

259

612

23.0%

20.6%

902

471

452

0.24

0.20

18.4% Key P & L Ratios

0.16

Q4FY25

Q3FY25

Q4FY24

Return on Assets 1

Return on Equity 1

NIM

0.7%

6.2%

2.5%

0.6%

5.2%

2.4%

Cost to Income

67.3%

71.1%

Non-interest inc. to Total income

43.3%

40.5%

0.5%

4.3%

2.4%

75.8%

42.1%

45.6%

4,254

3,386

25.6%

-32.5%

1,086

1,886

-42.4%

63.3%

2,406

1,251

47.2%

0.77

0.44

92.3%

77.7%

FY25

0.6%

5.2%

2.4%

FY24

0.3%

3.0%

2.4%

71.3%

74.4%

39.6%

38.7%

(INR Cr)

Advances

Deposits

Shareholder’s Funds

Total Capital Funds

Total Assets

CRAR 2

CET I 2

Book Value per share (INR)

Gross NPA (%)

Net NPA (%)

NPA PCR 3

Std. Restructured Advances (Gross) 4

Security Receipts (Net)

CASA Ratio

Average LCR

Balance Sheet Highlights

31-Mar-25

31-Dec-24

Growth

31-Mar-24

Growth

246,188

244,834

284,525

277,224

47,780

47,223

46,941

47,577

423,422

413,607

0.6%

2.6%

1.8%

-0.7%

2.4%

Key Balance Sheet Ratios

227,799

266,372

8.1%

6.8%

42,145

13.4%

43,849

405,493

7.7%

4.4%

15.6%

13.5%

15.2

1.6%

0.3%

15.9%

13.3%

15.0

1.6%

0.5%

87.6%

82.4%

424

1,928

233

34.3%

33.1%

15.4%

12.2%

14.7

1.7%

0.6%

79.3%

3,792

1,284

30.9%

125.0%

133.2%

116.1%

1 Annualized 3 Incl. Technical W/Os

2 Includes Profits 4 Already implemented as of respective date (across various categories including Covid related)

Page 4 of 4

Years since March’2020

INVESTOR PRESENTATION Q4FY25 and FY25 Financial Results

April 19, 2025

Years Since March’2020

Addressed multiple challenges simultaneously despite macro headwinds:

Regained Customer’s Trust and Rebuilding Granular Deposits

- Total Deposits at INR 2.85 Lac Crs, 2.7x since Mar’20

- CASA Deposits at 0.97 Lac Crs, 3.5x since Mar’20

- New Branch Addition since Mar’20 – 270

Granularizing Balance Sheet

Granularized Advances

- Retail Advances at INR 1.02 Lac Crs, 2.5x since Mar’20

- Retail & SME Advances at ~60% vs 36% in Mar’20

Years Since March’2020

Improving Asset Quality

Addressed multiple challenges simultaneously despite macro headwinds:

Significantly Improved Book’s Asset Quality

- Gross NPA at 1.6% vs. 16.8% in (Mar’20)

- Net NPA at 0.3% vs. 5.0% in (Mar’20)

- Net Carrying Value of Security Receipts – NIL

Cumulative Recoveries & Upgrades in excess of INR 30,000 Crs

5 Addressed multiple challenges simultaneously despite macro headwinds:

- #1 UPI Payee PSP Bank with ~57% Market Share (Mar’25)1

Rebuilding Leadership in Digital Payments

Years Since March’2020

Strengthening The Franchise

- #2 UPI Payer PSP Bank with ~32%+ Market Share (Mar’25) 2 - Four out of Top Six UPI Apps work on YESBANK PSP Ecosystem 3

Refreshed the YES BANK Brand Identity

Achieved Full Compliance in Priority Sector Lending

Rebuilding an Agile YES BANK with Strengthened Risk, Audit & Compliance Controls and Oversights

1 #1 indicates Rank number 1 2 #2 indicates Rank number 2 3 Payment Service Provider

5 Addressed multiple challenges simultaneously despite macro headwinds:

All Along Gradually Gaining Stakeholder Confidence

Investors : Cumulative Capital Raise of ~INR 24,000 Crs via:

Years Since March’2020

Gaining Stakeholder Endorsement

•

Follow-on Public Offering (Jul’ 2020)

• Private Placement to Carlyle & Advent International (Dec’ 2022)

- Credit Rating Agencies:

•

Long-Term Rating* : A+ (CRISIL & CARE) | A (ICRA & India Ratings)

• Short-Term Rating : A1+ (CRISIL & CARE)

- ESG Rating Agencies: Highest Rated Among Indian Banks

• S&P1 Corporate Sustainability Assessment (CSA) 2024

• Rated ‘A-’ (Leadership Band) by CDP2 for climate disclosures 2024

1 S&P Global 2 Climate Disclosure Project * Senior Unsecured Ratings

Years Since March’2020

Profitability Improvement Roadmap

To continue Further Improving Bank’s Profitability by

Profitability Driven Growth Approach in both ‘Assets & Liabilities’

Continued sharp focus on Cost & Efficiencies by Leveraging Digital Capabilities, Process & Productivity Improvement and Business Consolidation

Risk Monitoring and Containment

Being Judicious, Nimble and Agile in our Org Design and Transformations – while being Customers Centric

Leveraging Branch As The Fulcrum of Business

Contents

Financial Results- Q4FY25 & FY25

Profitability Improvement Roadmap – Key Levers & Progress

YES BANK Franchise

Results At a Glance – Q4FY25 & FY25

All figures in INR Crs

Total Assets

Advances

423,422

246,188

2.4%: Q-o-Q 4.4%: Y-o-Y

0.6%: Q-o-Q 8.1%: Y-o-Y

Net Interest Income 2,276

Q4FY25

2.4%: Q-o-Q; 5.7%: Y-o-Y

8,944

10.5%: Y-o-Y

FY25

Non-Interest Income 1,739

Q4FY25

15.0%: Q-o-Q 10.9%: Y-o-Y

5,857

14.5%: Y-o-Y

FY25

Deposits

284,525

2.6%: Q-o-Q 6.8%: Y-o-Y

Operating Profit 1,314

Q4FY25

21.8%: Q-o-Q 45.6%: Y-o-Y

4,254

25.6%: Y-o-Y

FY25

CASA Ratio

CET 1 Ratio 2

GNPA

34.3%

v/s.

33.1% Q3FY25 30.9% Q4FY24

13.5%

v/s.

1.6%

v/s.

13.3% Q3FY25 12.2% Q4FY24

1.6% Q3FY25 1.7% Q4FY24

CD Ratio

Advances Mix

Disbursement1

Arrows indicative of Q-o-Q Trends for Q4FY25 & Y-o-Y trends for FY25

86.5%

v/s.

88.3% Q3FY25 85.5% Q4FY24

Profit After Tax 738

Q4FY25

FY25

20.6%: Q-o-Q 63.3%: Y-o-Y

2,406

92.3%: Y-o-Y

NNPA

0.3%

v/s.

0.5% Q3FY25 0.6% Q4FY24

Retail & SME: Mid Corp: Corporate

59%:17%:24%

58% : 16% : 26% in Q3FY25 62% : 15% : 23% in Q4FY24

Q4FY25

27,734

9.8%: Q-o-Q; (15.3%): Y-o-Y

97,899

FY25

(14.1%): Y-o-Y

NIM% 2.5%

2.4% Q3FY25 2.4% Q4FY24

Q4FY25

v/s.

2.4%

FY25

2.4% FY24

Net Carrying Value of SRs as % of Advances

NIL

v/s.

0.1% Q3FY25 0.6%:Q4FY24

C/I Ratio 67.3%

71.1% Q3FY25 75.8% Q4FY24

71.3%

74.4% FY24

Q4FY25

v/s.

FY25

RoA 0.7%

0.6% Q3FY25 0.5% Q4FY24

0.6%

0.3% FY24

Q4FY25

v/s.

FY25

1 Includes Limit Setups for SME; 2 Includes Profits;

Highlights for Q4FY25 and FY25 (1)

▪

Balance Sheet Highlights

Sustained Deposit accretion and CASA Ratio Expansion; Continued focus on branch led granular and profitable segments

• Deposits at INR 2,84,525 Crs grew 6.8% Y-o-Y and 2.6% Q-o-Q

❑ AYB1 Deposits grew 16.0% Y-o-Y; Stronger Y-o-Y growth in CA Deposits at 20.5% and SA Deposits at 32.1%

❑ Retail & Branch Banking led Deposits growth at 17.9% Y-o-Y and 3.2% Q-o-Q

• CASA Ratio at 34.3% up 340 bps Y-o-Y and 120 bps Q-o-Q

▪ Advances at INR 2,46,188 Crs up by 8.1% Y-o-Y and 0.6% Q-o-Q; Strong momentum continues in SME and Mid Corporate.

• SME Advances up 23.6% Y-o-Y and Mid Corporate Advances up 21.8% Y-o-Y

• SME/ Mid Corporate Advances Mix at 17.7%/ 17.0% respectively, v/s. 15.5%/ 15.1% in Q4FY24

• Corporate Advances up 11.5% Y-o-Y

• Calibrated approach in Retail Advances owing to focus on Profitability;

▪ CET I Ratio at 13.5% v/s. 12.2% in Q4FY24 and 13.3% in Q3FY25

▪ NIL shortfall in PSL Compliance in FY25 resulting into reduction in balances4 of mandated deposits in lieu of PSL Shortfalls to 8.7% as of FY25 from ~11% of Total Assets as of FY24

▪

Significant Improvement in Asset Quality, Provision Coverage Ratio; Fresh Slippages Improving Sequentially

•

(NNPA + net carrying value of SR) as % of Advances at 0.3% in Q4FY25 v/s. 1.1% in Q4FY24 and 0.6% in Q3FY25; Net Carrying Value of Security Receipts – NIL

• Restructured advances at INR 424 Crs (0.2% of Advances)

• GNPA ratio lower at 1.6% lower on Y-o-Y and flattish on Q-o-Q basis; NNPA ratio at 0.3% v/s. 0.6% in Q4FY24 and 0.5% in Q3FY25

• NPA Provision Coverage Ratio (PCR) at 79.7% v/s. 66.6% in Q4FY24 and 71.2% in Q3FY25; Including Technical Write- offs, PCR at 87.6% v/s. 79.3% in Q4FY24 and 82.4% in Q3FY25

• Resolution momentum sustains with recoveries and resolutions at INR 1,480 Crs2 in Q4FY25; cumulative recoveries and resolutions in FY25 at INR 5,923 Crs vs. 5,978 Crs in FY24

• Gross Slippages for Q4FY25 at INR 1,223 Crs (2.0% of Advances3) v/s. INR 1,356 Crs (2.4%3) in Q4FY24 & INR 1,348 Crs (2.2%3) in Q3FY25. FY25 Slippages of INR 5,090 Crs (2.1%3)vs.

INR 5,334 Crs in FY24 (2.33). Retail Slippages down 40 basis points to 4.3% in Q4FY25 v/s 4.7% in Q3FY25

1 Average Yearly Balance 2 Including recoveries from Security Receipts of INR 795 Crs; 3 Annualized and expressed as % of period end Balances 4 INR 37,017 Crs. In Mar’25 vs. INR 44,087 Crs in Mar’24)

Highlights for Q4FY25 and FY25 (2)

P&L Highlights

▪ Highest Full Year as well as Quarterly Net Profit since Reconstruction of INR 2,406 Crs (up 92.3% Y-o-Y) and INR 738 Crs for Q4FY25; up 63.3% YoY & 20.6% Q-o-Q

• FY25 RoA at 0.6% v/s. 0.3% in FY24. Q4FY25 RoA at 0.7% v/s. 0.5% in Q4FY24 & 0.6% in Q3FY25.

• FY25 Operating Profit at INR 4,254 Crs up by 25.6% Y-o-Y. Q4FY25 Operating Profit at INR 1,314 Crs up 45.6% Y-o-Y and 21.8% Q-o-Q

FY25 NIM flat Y-o-Y at 2.4%. Sequential NIM Expansion at 2.5% vs. 2.4% in Q4FY25 primarily by granular low-cost deposits and efficient balance sheet management

• FY25 NII up 10.5% Y-o-Y; Q4FY25 NII at INR 2,276 Crs up 5.7% Y-o-Y and 2.4% Q-o-Q,

FY25 Non-Interest Income at INR 5,857 Crs up 14.5% Y-o-Y. Non-Interest Income driven by strong momentum performance across Corporate banking fees , F/X fees , debt capital markets & securities services.

• Non-Interest Income for Q4FY25 at INR 1,739 Crs, up 10.9% Y-o-Y and 15% Q-o-Q.

Fourth successive quarter of reduction in C/I in line with guidance. Cost to Income Ratio at 71.3% for FY25 v/s 74.4% in FY24

Normalized Cost-to-Income Ratio (excluding PSLC costs ) for FY25 at 70.8% v/s. 72.4% in FY24.

• Q4FY25 Operating Costs at INR 2,701 Crs down 4.2% Y-o-Y and up 1.7% Q-o-Q FY25 Non-Tax Provision Costs at INR 1,086 Crs (0.3% of Assets) down 42.4% Y-o-Y. Sequentially, at INR 318 Crs (0.3% of Assets1) down 32.5% Y-o-Y but up 23% Q-o-Q.

▪

▪ Net carrying value of SRs is NIL at Q4FY25.

Key Achievements/ Initiatives

▪

3rd Year in a row: S&P Global and CDP rate YES BANK highest- amongst Indian Banks for ESG and climate disclosures.

YES BANK gets authorized by Government of India for Direct and Indirect Taxes collection - Goes live with seamless GST payment facility for customers as well as non-customers.

1 Annualized

Profit and Loss Statement

All figures in INR Crs

• Net Profit for Q4FY25 at INR 738 Crs up

63.3% Y-o-Y & 20.6% Q-o-Q. FY25 Net Profit at INR 2,406 Crs up 92.3% Y-o-Y

• Operating Profit for Q4FY25 at INR 1314 Crs

up 45.6% Y-o-Y & 21.8% Q-o-Q. FY25 Operating Profit at INR 4,254 Crs up 25.6% Y- o-Y

• Q4FY25 NII at INR 2,276 Crs up 5.7% Y-o-Y and 2.4% Q-o-Q aided by moderate growth in advances and reduction of high-cost borrowings. NII for FY25 at INR 8,944 Crs, up 10.5% Y-o-Y

• NIM for Q4FY25 at 2.5% trending upward Q-o-Q. NIM for FY25 at 2.4%. Sequential improvement driven by retiring of high-cost debt partially off-set by decline in yield on advances

• Non-Interest Income at INR 1,739 Crs, up 10.9%

Y-o-Y and 15% Q-o-Q. FY25 Non- Interest Income at up INR 5,857 Crs 14.5% Y-o-Y.

• Operating Costs at INR 2,701 Crs down 4.2%

Y-o-Y. Excl. PSLC cost, Opex for Q4FY25 up 1.5% Y-o-Y. FY25 Opex grew 8.2% Y-o-Y

• Provision Costs (non-tax) at INR 318 Crs for Q4FY25 down 32.5% Y-o-Y; FY25 Provision Costs at INR 1,086 Crs down 42.4% Y-o-Y

GrowthQ4FY25Q3FY25Q4FY24Q-o-QY-o-YFY25FY24Y-o-YNet Interest Income2,276 2,224 2,153 2.4%5.7%8,944 8,095 10.5%Non Interest Income1,739 1,512 1,569 15.0%10.9%5,857 5,114 14.5%Total Income4,016 3,736 3,722 7.5%7.9%14,801 13,209 12.1%Operating Expenses2,701 2,657 2,819 1.7%-4.2%10,547 9,823 7.4%Staff Cost1,017 1,004 1,026 1.3%-0.9%4,008 3,774 6.2%Other Operating Expenses1,684 1,653 1,793 1.9%-6.1%6,539 6,048 8.1%Operating Profit/(Loss)1,314 1,079 902 21.8%45.6%4,254 3,386 25.6%Provisions318 259 471 23.0%-32.5%1,086 1,886 -42.4%Profit Before Tax996 820 432 21.5%130.8%3,168 1,500 111.2%Tax Expense258 208 (20)24.1%NM762 249 206.3%Net Profit / (Loss)738 612 452 20.6%63.3%2,406 1,251 92.3%Yield on Advances10.1%10.1%10.3%10.1%10.2%Cost of Funds6.4%6.5%6.4%6.5%6.4%Cost of Deposits6.1%6.1%6.1%6.1%6.1%NIM2.5%2.4%2.4%2.4%2.4%Cost to income67.3%71.1%75.8%71.3%74.4%Profit and Loss Statement Quarter EndedGrowthYear EndedBreak Up of Non-Interest Income

All figures in INR Crs

• Non-Interest Income for Q4FY25 at INR

1,739 Crs, up 10.9% Y-o-Y and 15% Q-o-Q.

Non- Interest Income for FY25 at INR 5,857

Crs up 14.5% Y-o-Y

• Corporate Trade & Cash Mgmt. fees grew

21.0% Y-o-Y in Q4FY25 & 17.1% Y-o-Y for FY25

• Retail Banking Fees up 1.9% Y-o-Y in Q4FY25 and up 13.5% Y-o-Y for FY25

•

Healthy product mix in Insurance Sales

24% Y-o-Y Growth in Retail Life

Insurance Premium

Partially impacted by lower MEITY

Income

Q4FY25 / FY25 General Banking Fee includes INR 79 Crs of income from selling of excess PSL MEIFTY - Ministry of Electronics and Information Technology

GrowthQ4FY25Q3FY25Q4FY24Q-o-QY-o-YFY25FY24Y-o-YNon Interest Income1,739 1,512 1,569 15.0%10.9%5,857 5,114 14.5%Corporate Trade & Cash Management293 269 242 8.9%21.0%1,051 897 17.1%Forex, Debt Capital Markets & Securities212 231 132 -8.1%61.4%677 580 16.7%Investment gains & Treasury Income131 112 15 17.3%805.9%277 159 74.1% Corporate Banking Fees87 71 69 21.7%25.4%276 243 13.7% Retail Banking Fees1,147 940 1,125 22.0%1.9%3,851 3,394 13.5%Trade & Remittance182 172 164 5.8%11.0%691 617 12.0%Facility/Processing Fee168 163 165 2.8%1.7%709 537 32.0%Third Party Sales 280 169 253 65.9%10.8%812 719 13.0%Interchange Income228 193 250 18.4%-8.7%732 755 -3.0%General Banking Fees288 243 293 18.7%-1.7%907 767 18.3%Year EndedBreak up of Non Interest IncomeQuarter EndedGrowth Break up of Operating Expenses

All figures in INR Crs

• Operating Costs for Q4FY25 at INR 2,701

Crs down 4.2% Y-o-Y and up 1.7% Q-o-Q.

•

FY25 Opex growth at 7.4% Y-o-Y.

• Ex- PSLC Opex grew 1.5% Y-o-Y and 1.3%

Q-o-Q

• C/I for Q4FY25 at 67.3% (v/s. 71.1% in

Q3FY25 )

•

C/I for FY25 at 71.3% down 310bps Y-o- Y (v/s. 74.4% in FY24).

• Professional fees up 18.9% Y-o-Y driven primarily by higher collection charges

• Others: Include PSLC Cost of INR 97 Crs

during the quarter v/s. INR 86 Crs in Q3FY25

Professional Fees primarily comprise of Bureau related costs and vendor fees related to Collections, Contact Centre and other consulting and legal costs

GrowthQ4FY25Q3FY25Q4FY24Q-o-QY-o-YFY25FY24Y-o-YStaff1,017 1,004 1,026 1.3%-0.9%4,008 3,774 6.2%Business Volume Linked451 458 482 -1.4%-6.5%1,811 1,833 -1.2%IT307 317 314 -3.1%-2.1%1,227 1,108 10.8%Premises244 257 250 -5.3%-2.5%1,031 943 9.4%Professional Fees385 355 324 8.5%18.9%1,412 1,112 26.9%Others298 266 423 11.9%-29.7%1,057 1,053 0.4%of which PSLC97 86 254 13.4%-61.7%324 377 -14.1%Total Opex2,701 2,657 2,819 1.7%-4.2%10,547 9,824 7.4%Break up of Operating ExpensesQuarter EndedGrowthYear EndedProvisions and P&L

All figures in INR Crs

•

Provisions for Q4FY25 up 27.9% Y-o-Y & 23.5% Q- o-Q. FY25 Provisions down 13.4% Y-o-Y

•

Q4FY25 Non-Tax provisions were down 32.5% Y-oY and were up 23.0% Q-o-Q. FY25 Non- Tax Provisions lower by 42.4%

• Gross Slippages for Q4FY25 at INR 1,223 Crs (2.0% of Advances) v/s. INR 1,348 Crs (2.2% of Advances) in Q3FY25. Gross Slippages for FY25 at INR 5,090 Crs v/s. INR 5,334 Crs in FY24

•

Slippages Net of Recoveries and Upgrades in Q4FY25 at INR 696 Crs v/s. INR 871 Crs last quarter

•

Provisions for Investments include:

•

Gross recoveries from SRs at INR 795 Crs in Q4FY25 & INR 2,972 in FY25 resulting into

Step-up in provisions in SRs resulting into Net Carrying Value at NIL v/s. INR 233 Crs in Q3FY25 & INR 1,285 crs in Q4FY24

• Resolution momentum continues to be strong with Total Recoveries & Upgrades for Q4FY25 at INR 1,480 Crs. FY25 cumulative recoveries and resolutions at INR 5,923 Crs

• NNPA + net carrying value of SR as % of Advances at 0.3% v/s. 1.10% in Q4FY24.

•

FY 25 ROA at 0.6% vs. 0.3% (FY24). Q4FY25 RoA at 0.7% (Annualized) vs. 0.6% in Q3FY25

GrowthQ4FY25Q3FY25Q4FY24Q-o-QY-o-YFY25FY24Y-o-YOperating Profit/(Loss)1,314 1,079 902 21.8%45.6%4,254 3,386 25.6%Provision for Taxation258 208 (20)24.1%NM762 249 206.3%Provision for Investments (573)(591)(567)-2.9%1.1%(1,737)(543)220.2%Provision for Standard Advances(86)45 44 NMNM(179)(101)77.0%Provision for Non Performing Advances913 769 900 18.7%1.4%2,879 2,438 18.1%Other Provisions65 35 94 82.6%-31.4%123 92 34.4%Total Provisions576 467 451 23.5%27.9%1,848 2,135 -13.4%Net Profit / (Loss)738 612 452 20.6%63.3%2,406 1,251 92.3%Return on Assets (annualized)0.7%0.6%0.5%0.6%0.3%Return on Equity (annualized)6.2%5.2%4.3%5.2%3.0%EPS-basic (non-annualized) 0.240.200.160.770.44Break up of ProvisionsQuarter EndedGrowthYear EndedBalance Sheet

All figures in INR Crs

• Balance Sheet grew 4.4% Y-o-Y

• C/D ratio at 86.5% v/s. 88.3% in Q3FY25

and 85.5% in Q4FY24

• Calibrated Advances growth at 8.1% Y-o-Y

• Growth momentum sustains in Deposits at 6.8% Y-o-Y; continued focus on granular, low-cost deposits.

• Disbursements of INR 27,734 Crs in Q4FY25 and ~ INR 97,900 Crs in FY25 v/s. ~INR 114,000 Crs in FY24

Disbursements Q4FY25

FY25

FY24

Retail Assets

9,088

32,563

41,713

Rural Assets • SME 1

929

3,824

3,925

9,767

34.022

31,919

Mid Corporate

1,680

5,691

6,492

Corporate

6,270

21,799

29,951

1 Includes sanctions/ limit set-ups NM = Not Measurable

Balance Sheet31-Mar-2531-Dec-2431-Mar-24Q-o-Q %Y-o-Y % Assets 423,422413,607405,4932.4%4.4%Advances246,188244,834227,7990.6%8.1%Investments85,10481,84390,2354.0%-5.7% Liabilities 423,422413,607405,4932.4%4.4%Shareholders Funds47,78046,94142,1451.8%13.4%Total Capital Funds47,22347,57743,849-0.7%7.7%Deposits284,525277,224266,3722.6%6.8%Borrowings71,60369,75879,9412.6%-10.4%Break up of Deposits31-Mar-2531-Dec-2431-Mar-24Q-o-Q %Y-o-Y %CASA97,48091,65082,3176.4%18.4%Current Account 43,30439,60541,3449.3%4.7%Savings Account54,17652,04540,9734.1%32.2%CASA Ratio34.3%33.1%30.9%Term Deposits187,045185,574184,0550.8%1.6%Certificate of Deposits - - - NMNMTotal Deposits284,525277,224266,3722.6%6.8% Break up of Advances & Deposits

All figures in INR Crs

• SME Advances up 23.6% Y-o-Y; Mid- Corporate Advances up 21.8% Y-o-Y

• Corporate Advances up 11.5% Y-o-Y

• Retail Advances mix at 41.3% v/s. 40.8% in Q3FY25 and 46.1% in Q4FY24; Pick up in Retail Advances – up 1.8% Q-o-Q;

• CASA + Retail TDs1 at 64.4% vs. 62.6% in

Q3FY25 .

• Avg. daily CA for Q4FY25 grew 16.0% Y-o-Y

• Avg. daily SA for Q4FY25 up 34.8% Y-o-Y

• Retail CASA Accounts opened: ~258K in

Q4FY25 and ~1315K in FY25

1 Based on Balances </= INR 3 Crs on an Account Level; 2 Excluding Certificate of Deposits; basis internal business segmentation

Segmental Break up of Deposits31-Mar-2531-Dec-2431-Mar-24Q-o-Q %Y-o-Y %Retail & Branch Banking led Deposits166,904161,789141,5233.2%17.9%Retail & Branch Banking CASA Ratio40.2%39.8%36.6%Other Deposits117,621115,435124,8491.9%-5.8%Other CASA Ratio25.9%23.6%24.4%Total Deposits284,525277,224266,3722.6%6.8%Segmental Break up of Advances31-Mar-2531-Dec-2431-Mar-24Q-o-Q %Y-o-Y %Retail101,56099,805105,1031.8%-3.4%SME43,65141,99135,3264.0%23.6%Mid corporate41,90539,60234,3935.8%21.8%Corporate59,07363,43552,977-6.9%11.5%Total Net Advances246,188244,834227,7990.6%8.1%Break up of Investments

All figures in INR Crs

•

Total Net Investments at INR 85,104 Crs

•

SLR – INR 75,384 Crs

Non SLR – INR 9,721 Crs

• Standard Rated - INR 7,773 Crs:

99.9% Rated AA and above

• Security Receipts- NIL

• Others Standard 1- INR 1,948 Crs

Investments Breakup

SLR 88.6%

NSLR 11.4%

HTM 0.5%

AFS 4.6%

HFT 5.7%

FVTPL 0.2%

SUBSIDIARY 0.5%

1 Includes Equity, Preference, CDR, US Treasury Bills, NPI & Others

NPA Highlights

All figures in INR Crs

• GNPA Ratio at 1.6% in Q4FY25 flat Q-o-Q

and down 10 bps Y-o-Y

• NNPA Ratio at 0.3% in Q4FY25 v/s.0.6% in

Q4FY24 and 0.5% in Q3FY25

• PCR at 79.7% in Q4FY25 v/s 71.2% in

Q3FY25 and 66.6% in FY24

• Gross Slippages for Q4FY25 at INR

1,223(2.0%) Crs v/s. INR 1,348 Crs (2.2%) in Q3FY25. Gross Slippages for FY25 at INR 5,090 Crs v/s. INR 5,334 Crs in FY24

•

Slippages Net of Recoveries and Upgrades in Q4FY25 at INR 696 Crs v/s. INR 871 Crs Q3FY25 , Net slippage for FY25 at INR 2,755 crs

Retail Segment Gross Slippages for Q4FY25 at INR 1,101 Crs (4.3%) v/s. INR 1,174 Crs (4.7%) in Q3FY25;

1 Opening Balance includes the impact of for Inter- segment movement of Products and Customers during the quarter

31-Dec-2431-Mar-25OpeningAdditionsUpgradesRecoveriesWrite OffsClosingRetail2,2251,1011941807032,248SME60299344821599Mid corporate402230200405Corporate735025270683Total3,9631,2232532757243,936MovementMovement of GNPAGNPA(%)GNPA(%)GNPA(%)Retail2,248 2.2%2,226 2.2%1,708 1.6%SME599 1.4%600 1.4%433 1.2%Mid corporate405 1.0%402 1.0%527 1.5%Corporate Banking683 1.1%735 1.1%1,314 2.4%Total3,936 1.6%3,963 1.6%3,983 1.7%31-Mar-24Segmental GNPA31-Mar-2531-Dec-24 Asset Quality ParametersGross NPA (%)Net NPA (%)Provision Coverage Ratio excl. Technical W/O (%)Provision Coverage Ratio incl. Technical W/O (%)87.6%82.4%79.3%0.5%71.2%31-Mar-241.7%0.6%66.6%31-Mar-2531-Dec-241.6%0.3%79.7%1.6%Summary of Labelled & Overdue Exposures

All figures in INR Crs

• Recovery and Repayments during Q4FY25 from Standard Restructured accounts amounted to INR 1,507 crs

• Slippages of INR 6 Crs in Q4FY25 from Standard Restructured Advances pool of Q3FY25

• Recoveries from Security Receipts during the quarter aggregated to INR 795 Crs

•

Provision Coverage on Security Receipts fully provided at 100%

• Overdue book of 31-90 days at INR 3,705 Crs from INR 3,980 Crs in Q3FY25 and INR 3,684 Crs in Q4FY25

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. 3 Where provisioning has been made as per requirement of RBI circular on Prudential Framework for Resolution of Stressed Assets dated June 7, 2019

GrossProvisionsGrossProvisionsGrossProvisionsNPA3,9363,1353,9632,8213,9832,653Other Non Performing Exposures5,1534,4615,5654,6076,9014,830NFB of NPA accounts874182908183985198NPI62627373110110Security Reciepts4,2174,2174,5844,3515,8064,521Total Non Performing Exposures9,0897,5979,5287,42810,8837,483Technical Write-Off2,5352,5352,5172,5172,4302,430Provision Coverage incl. Technical W/O 87.2%82.6%74.5%Std. Restructured Advances424601,9281383,792316Erstwhile92112114DCCO related10751,585791,85293MSME67873910113Covid24145259481,829207Other Std. exposures114401174133011661-90 days overdue loans1,5112,1161,879Of which Retail1,2091,35298731-60 days overdue loans2,1941,8641,805Of which Retail1,5711,6371,29431-Mar-25Particulars31-Dec-2431-Mar-24CET 1 Ratio at 13.5%1

Bank’s Capital Adequacy Ratio 1

15.6%

15.9%

15.4%

RWA to Total Assets at 71.3% vs.

CRAR

70.3% in Q4FY24 and 72.3% in

Q3FY25

CET I Q-o-Q Movement in Q4FY25

1 Includes Profits

13.5%13.3%12.2%2.1%2.6%3.2%31-Mar-2531-Dec-2431-Mar-24TIER IICET 1Contents

Financial Results- Q4FY25 & FY25

Profitability Improvement Roadmap – Key Levers and Progress

YES BANK Franchise

Gradual Improvement in RoA

Key Levers

Net Interest Income Expansion

Progress Over Last Few Quarters

Reducing the drag of deposits placed in lieu of PSL Non-Compliances (RIDF Deposits)

RIDF Deposits Reduced to 8.7% in M’25 vs. ~11% of Total Assets (M’241)

Improving Yield on Advances by increasing Share of Higher RoA Accretive Products

Within Retail Assets – The Share up to 42% in M’25 vs 35% in M’23

Reducing Cost of Deposits by focusing on granular, high quality and low-cost deposits

For last 6 consecutive Qtrs Cost of Deposit Stable at 6.0%-6.1%

Improvement in Non-Interest Income

By Expanding cross-sell of third-party wealth & risk solutions

By accelerating Digital Payments and Merchant Services including Trade, FX & CMS

Rationalization of Cost Structure

Continued sharp focus on Cost & Efficiencies by Leveraging Digital Capabilities, Process & Productivity Improvement and Business Consolidation

Non-Interest Income to Avg Total Assets Improved to 1.7% in M’25 vs. 1.1% in M’23

UPI Payee PSP Market Share improved to ~57% in M’25 from ~34% in M’24 CMS Throughput Improved 3.5x between Q4FY22 to Q4FY25

Cost-to-Income Ratio improved to 67.3% for Q4FY25 vs 75.8% for Q4FY24

FY25 Staff Cost increased over FY24 at 6.2%; FY25 Total Operating Expenses increased over FY24 at 7.4%

Reducing Credit Costs

Improving Sourcing, Early Warning Checks & Health Reviews and Improving Collections

Gross Slippages trending lower with FY25 at 2.0%, vs FY 24 at 2.4%, 30+ Delinquency improved to 1.5% as of M’25 vs 2.4% as of M’23

1 as % of Total Disbursements; 2 M’23 –March’23 , M’24 – March’24, M’25 – March’25,

Contents

Financial Results- Q4FY25 & FY25

Profitability Improvement Roadmap – Key Levers and Progress

YES BANK Franchise

New Generation, Professionally Run Private Sector Bank with a Scalable Platform

New Generation Private Sector Bank

Robust Risk, Governance and Compliance Culture

Geared for Scale with Profitability

•

6th Largest Private Sector 1, Universal Bank offering comprehensive suite of product and services via its pan India network of 1,255 branches, 235 BCBOs and 1,331 ATMs (including CRMs and BNAs) in over 300 districts of India

Accelerating as a diversified franchise across customer segments with a strong focus on Transaction and Digital Banking

Preferred Banker to Digital India with best-in-class technology / API stack and dominant leadership in digital payments

ESG integral to the Strategy- highest ratings/ scores in the Indian Banking Industry by reputed ESG Rating Agencies

Eminent 13-member Board of Directors comprising 7 independent directors, 3 women directors – domain specialists with extensive strategic, operational and leadership experience

• Comprehensive and Robust Risk Management Framework; De-centralized approval processes built for sustainability as well as scale

•

‘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 1.3 million new CASA customers per annum

•

Niche competitive advantage in SME and Mid Corporate customer segments- further accelerating growth and RoA expansion

Retail Advances of more than INR 100,000 Crs (~41% of Net Advances) – twin focus - profitability as well as asset quality

Holistically addressed Legacy Asset Quality Issues; Overall portfolio Asset Quality at its best since reconstruction

•

NIL Net Carrying Value of SR, NNPA at 0.3% of Advances, Provision Coverage Ratio at 79.7%

Sequential improvement in Standard restructured advances as well as overdues and slippages

Sufficiency in Liquidity (LCR at 125.0%2) and Capital Adequacy (CET 1% at 13.5%)

Seasoned Human Capital

• Run by a professional, seasoned, and stable management team; average vintage of YES BANK Top and Senior Management Team of

9 Years (with the Bank); Duly supported by ~28,700 YES BANKers

Major Shareholders

•

SBI, the largest schedule commercial bank of India and leading private sector banks

Two global, marquee, private equity investors viz. affiliates of Carlyle and Advent International

Largest retail shareholder base in the Indian Capital markets, with ~63 lakh shareholders

Total Assets: INR 4,23,422 Crs

Total Advances: INR 2,46,188 Crs

Advances Split:

Retail & SME – 59% Mid Corp – 17% | Corporate – 24%

Total Deposits: INR 2,84,525 Crs CASA Ratio: 34.3%

Senior Rating - At A+/A 3 Short Term Rating – Highest at A1+

1 By Total Assets as on December 31, 2024; 2 Average for the quarter- Q4FY25; 3 A+ by CRISIL & CARE, A by India Ratings & ICRA; Short Term Ratings by CRISIL & CARE

Retail Bank: Full spectrum retail bank growing with strong momentum

All figures in INR Crs

Growth calibration in Retail Advances 1

Pan-India presence via 1,255 branches, 235 BC banking outlets and 1,331 ATMs, CRM’s & BNA’s

Cater to all customer segments (HNI, affluent, NRIs, mass, rural and inclusive banking) with full product suite

Leadership / significant share in payment and digital businesses

(UPI, AEPS, DMT)

72% of branches in Top 200 deposit centers

~90% of transactions via digital channels

Advanced score- cards and analytics being leveraged across underwriting and engagement

As % of total advances

46%

44%

43%

41%

Strong growth sustains in Retail & Branch Banking led Deposits

+18% Y-o-Y

As % of total deposits

53%

54%

55%

58%

59%

In addition, continued momentum within Retail Fee Income

1 Basis Internal Business Segmentation; excludes SME Advances

141,523 142,452 153,715 161,789 166,904 Q4FY24Q1FY25Q2FY25Q3FY25Q4FY251,1258439219401,147Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25105,103101,781100,42499,805101,560Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25 Retail Assets: Focus on Profitability enhancement

All figures in INR Crs

Retail Banking asset disbursements1: Calibration in Product & Sourcing mix

Diversified retail book2

Differential growth across products- targeted at profitability improvement (Y-o-Y)

Y-o-Y Growth (Key Products)

39.2%

32.4%

5.7%

17.0%

18.3%

-14.6%

-10.0%

Secured Business Loans

Personal Loans

Home Loans

CV Loans

-25.9% Auto Loans

1.3%

3.0%

13.9%

-5.4%

Affordable HL

Credit Cards

CE Loans

Used Car Loans

Rural Banking

Business Loans

ISB

1 Excludes Rural Banking Assets, Credit Cards and Inclusive & Social Banking, 2 Split basis gross retail advances

16%15%13%9%7%7%7%6%6%6%3%2%3%Secured Business LoansHome LoansPersonal LoansCommercial Vehicle LoansCredit CardsAuto LoansAffordable Home LoansConstruction Equipment LoansRural BankingUsed Car LoansBusiness LoansInclusive & Social BankingOthers9,5177,5178,0477,9899,088Q4FY24Q1FY25Q2FY25Q3FY25Q4FY25Rural Assets Deepening the penetration in emerging rural markets & generating Agri PSL

All figures in INR Crs

Business originations

Robust Farmer financing and Women Microfinance book

1,182

963

984

947

929

▪ High quality farmer financing book with NPA of ~2%

▪ The NPA for Women Microfinance Borrowers portfolio stands at ~5% driven by increase

in delinquencies across the sector

▪ Well diversified farmer financing book with small, medium and large ticket size loans

Q4FY24

Q1FY25

Q2FY25

Q3FY25

Q4FY25

▪ On ground portfolio monitoring/ trigger-based monitoring by an independent risk

•

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

monitoring team

Capturing Rural value chain with geographic diversification

Profitability Drivers supported by in-depth analytics

Book Split (value) by segments

23%

77%

Book size : INR 7,758 Cr

▪ Diversified portfolio across ~230 districts in 18 states

▪ Long standing relationship with credible BC partners

•

New LOS and LMS along with important features such as eKYC, integrated BRE with instant result, eSIGN and direct disbursement will help in improving the efficiency and productivity resulting in overall 20% increase in conversion rate (sourcing to Disbursement)

Analysis on the industry wide data for analyzing business trends, portfolio quality and competitive bench-marking through credit bureau data at pin code level

Periodic analysis of SRO (MFIN) reports

Farmer financing (KCC + Farm Mechanization)

Women Microfinance

1 Excluding a business unit which lends to Microfinance institutions, as it has been internally transferred to Wholesale Banking Segment

Credit Cards: Strong business growth and enhanced customer experience

Sustained Strong Growth in Cards, Book Size & Card Spends

Key Initiatives FY 25

No of Cards In (‘000s) Book Size in Cr Spends in Cr

1,420

2,067

62.0% Y-o-Y

57.1% Y-o-Y

2,430

28.7% Y-o-Y

30.1% Y-o-Y

3,525

4,673

5,538

7,571

7,206

9,745

Q4FY23

Q4FY24

Q4FY25

Optimized Book mix

Comparison of Book mix as on Mar’24 vs Mar’25

Optimizing Acquisition

IRIS as one- stop solution

Increased contribution of Internal channels:

•

Sustained ~50% of sourcing dependency on external channels.

Focus on Digital acquisition:

from

internal channels

thus reducing

•

Digital onboarding at 95% for FY 25

Leveraging co-brand capabilities :

•

Utilizing co-brand partners to venture into customer segments less catered through internal channels.

Seamless customer journeys:

• Two-click journeys for positive portfolio interventions like – Instant floater issuance for ETB customers, EMI conversion, card upgrade, credit limit increase, card cancellation, SI mandate

User Experience enhancements :

•

New UI/UX of card statement with Merchant category, view of unbilled and unsettled transactions, card tokenization, instant card hotlisting and instant card reissuance.

27%

43%

30%

45%

30%

Mar’24

25%

Mar’25

Transactor Book

Revolve Book

EMI Book

Scorecard based decisioning:

Portfolio Interventions

• Use of multi- bureau and on-us customer behaviour scores for positive (credit limit increase, upgrade) and negative interventions (credit limit decrease, fraud monitoring and card blocking).

Retail Slippages - Improvement on Q-o-Q basis

All figures in INR Crs

Sequential improvement in Retail Slippages

Improvement seen even on 1 Year lagged basis

Early delinquencies i.e. 30+ also showing signs of improvement

Retail Segment Slippages

% of Retail Advances

Retail Slippages - % of 1 Year Lagged Advances

Retail 31-90 Day Overdue (ex- Rural)

% of 1 Yr. Lagged Adv.

1,051

977

1,056

1,179

1,174

1,101

4.1%

3.7%

4.1%

4.7% 4.7%

4.3%

1,400

1,200

1,000

800

600

400

200

820

760

3.2% 3.3%

5.0%

4.2% 4.2%

4.3% 4.5%

4.7% 4.6%

4.2%

3,000

2,500

2,000

1,500

1,000

500

1,528

2.1%

2,378

2,399

2,441

2,349

1,953

2,064

1,841

2.3%

2.5%

2.4%

2.2%

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%

Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25

Secured portfolio slippages decline, Unsecured flat Q-o-Q

Within Unsecured, marginal improvement in PL

30+ stable across Unsecured products, improving in secured

Slippages as % of Total Retail Advances (1 yr. lagged)

Unsecured

Secured

4.2%

5.0%

4.3% 4.5%

4.7%

4.6%

4.2%

2.8% 2.7%

3.2%

2.7% 2.7% 2.8% 2.5% 2.2%

1.4% 1.5% 1.7% 1.6% 1.8% 1.9% 2.0% 2.0%

Personal Loan

Business Loan

Credit Card

ISB

Q-o-Q movement

0.1%

0.4%

0.1%

0.0%

0.4%

0.1%

0.9%

0.0%

0.5%

0.1%

1.1%

0.1%

0.6%

0.1%

0.2%

0.7%

0.7% Flat

0.1%

0.1% Flat

0.0%

0.5%

0.1%

1.0%

Flat 0.9%

31-90 day Overdue loans as % total Retail Advances (ex- Rural)- on 1 Yr. lagged basis

Unsecured

Secured

2.3%

2.5%

2.4%

2.3%

2.2%

1.8%

1.9%

1.8%

2.0%

1.9%

1.8%

1.7%

0.4%

0.5%

Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25

Slippage ratios expressed on Annualized basis

Branch Banking: Expanding Footprint, Enhanced Digital Cross Sell & Growth in Granular Deposits

All figures in INR Crs

Branch Network

Branches

BCBO

Assisted Digital Onboarding

Digital Journeys for seamless Customer Acquisition, Servicing & Cross sell

1,453

219

1,451

219

1,458

221

1,469

222

1,490

235

1,234

1,232

1,237

1,247

1,255

Q4FY24

Q1FY25

Q2FY25

Q3FY25

Q4FY25

Strong momentum in Granular Deposits

Retail & Small Business Deposit (Gross LCR definition- EOP Balance)

%Total deposits

+8% Y-o-Y

125,263

124,889

118,221

118,269

44.4%

Q4FY24

44.6%

45.2%

45.0%

Q1FY25

Q2FY25

Q3FY25

Q4FY25

Current & Savings Account Onboarding

• ~96% Individual SA opened digitally with ~72% Savings accounts instantly

activated

• ~95% Eligible CA accounts opened digitally with ~62% accounts activated

within 4 hours

•

Instant A/c Activation extended to Corporate Salary Accounts

• Data backed Product Recommender - Auto fetch profile information from GST for KYC validation. Right product recommendation in real time for New to Bank CA

Digital Co-origination enabled across CA & SA onboarding

• Co-sourcing of Insurance products with SA in a single journey

• Co-origination of POS along with CA for Sole Proprietor in a single journey

DIY (Do It Yourself) Digital Onboarding

• New screens for quick & improved customer experience in DIY SA journey

Servicing

Servicing & Cross Sell

• 135 on “IRIS by YES Bank” – Bank’s newest Digital app • 193 on YES Online – Internet Banking Platform • 92 on YES Robot • 68 on WhatsApp Banking

Cross Sell • End-to-end digital journeys for FD, RD, Credit card, MF, SGB, RE-KYC, insurance, IPOs, Card upgrades & quick loans, tax payments, Digital saving accounts, virtual gift cards, Government schemes, card transactions to EMI and Personal Loans

•

Journeys available across DIY / Assisted

128,002

• Over 238 unique service journeys available on digital applications

Maximizing Branch Distribution as Fulcrum of Business Leveraging existing (and growing) network to offer full spectrum of products

All figures in INR Crs

Branch Banking led Deposits: 19.5%CAGR (FY23-FY25) v/s. 11.0% CAGR in Industry and 15.0% CAGR amongst Pvt. Banks

Deposits Outperformance in Branch Banking – even higher in the recent past (as per latest available data)

Branch led sourcing of Assets and distribution of Fee 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

Productivity Gains within existing & expanding franchise

Y-o-Y Growth of CASA and Total Deposits (Q3FY24- Q3FY25)

Retail Assets - Disbursements Mix

Deposits per Branch

Deposits per Employee

(Indexed to 100 for FY23)

120.7

116.1

139.9

130.0

100.0

FY23

FY24

FY25

Acceleration in customer acquisition

CASA A/Cs Acquistion – Monthly Avg.

in ‘000 Accounts

YBL Branch Banking

YBL

Private Banks

Industry

Through Internal Channels

% of Total Disbursements

35.7%

27.7%

21.8%

14.6%

13.5%

10.9%

7.6%

6.0%

CASA Y-o-Y Growth

Total Deposits Y-o-Y Growth

Disbursements in INR ‘000 Crs 17

37%

41%

50%

FY23

FY24

FY25

110.4

127.8

109.6

Q4FY25 Deposits growth for YBL at 6.8% Y-o-Y & YBL Branch Banking at 17.9%

Q4FY25 CASA growth for YBL at 18.4% Y-o-Y & YBL Branch Banking at 29.5%

Strong traction in Branch Banking Fee Income 3

Incremental CASA Ratio: Q3FY24- Q3FY25

Branch Banking Fees

FY23

FY24

FY25

Rise in New Acquisition Value (NAV)

58.4%

56.2%

22.5%

22.3%

731

21.2% Y-o-Y

1,133

1,374

CASA EOP NAV- Monthly Avg.

(Indexed to 100 for FY23)

100

FY23

128

FY24

153

FY25

1 Based on Total Bank Deposits, CAGR computed between FY23-Q3FY25 for the Industry & Pvt. Banks; 2 Data Source: RBI (BSR)-2 – Deposits with SCBs; 3 Includes Rural Retail Liabilities 4 Normalised for comparability

YBL Branch Banking

YBL

Private Banks

Industry

FY23

FY24

FY25

Deposits Metrics consistently outperforming Industry

All figures in INR Crs

Deposits traction : consistent outperformance to Industry

Outperformance even more significant in CASA Deposits

Uptick in CASA ratio amidst strong headwinds in Industry

YBL CAGR 14.4%

(Industry CAGR* 11.0%)

266,372

284,525

217,502

FY23

FY24

FY25

YBL Total Deposits

YBL CAGR 20.7%

YES BANK CASA Ratio

Industry CASA Ratio

(Industry CAGR* 3.8%)

97,480

41.7%

40.5% 40.1% 40.5%

39.3% 39.0%

38.3%

82,317

66,903

FY23

FY24

YBL CASA

FY25

29.4% 29.4% 29.7%

30.9% 30.8%

34.3%

33.1%

32.0%

Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25

Sustained Pickup in SA

Garnering significant Incremental Market Share in CASA

Continue to maintain healthy short term & long-term liquidity

Savings Account

YoY Growth

Industry Growth

52,045

33.3%

54,176

32.2%

40,973

23.0%

Q1FY25

Q2FY25

Q3FY25

v/s Industry

v/s Pvt Banks

8.5%

7.5%

9.6%

3.8%

3.5%

4.2%

2.8%

3.0%

3.1%

1.0%

1.1%

Average LCR

NSFR

% 0 . 7 2 1

% 1 . 1 1 1

% 9 . 0 2 1

% 1 . 5 1 1

% 6 . 9 1 1

% 4 . 8 1 1

% 1 . 3 2 1

% 4 . 8 1 1

% 8 . 7 3 1

% 8 . 0 2 1

% 0 . 2 3 1

% 2 . 1 2 1

% 2 . 3 3 1

% 5 . 6 1 1

% 0 . 5 2 1

% 4 . 5 1 1

100%

5.5%

5.1%

Q4FY24

Q3FY25

Q4FY25

Yes Bank CASA Mkt Share

Incremental mkt. share (Y-o-Y)

Yes Bank CASA Mkt Share

Incremental mkt. share (Y-o-Y)

*Industry data based on RBI’s ‘Basic Statistical Return (BSR)-2 - Deposits with SCBs excluding RRBs’ as of Q3FY25

Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25

SME Banking: Strong Book Growth while boosting bottom line

All figures in INR Crs

Steady growth in funded book

High quality & well diversified granular book with best-in-class Asset Quality

Book Split by Ticket Size (count of customers)

YoY growth: 23.6% QoQ Growth: 4.0%

35,327

37,147

38,982

41,991

43,651

15%

14%

15%

45%

0 - 0.5 Cr

0.5 - 1 Cr

1 - 2 Cr

2 - 5 Cr

5 -10 Cr

> 10 Cr

SME GNPA %

1.2%

1.4%

FY23

FY24

FY25

Q4FY24

Q1FY25

Q2FY25

Q3FY25

Q4FY25

• Healthy Book : GNPA 1.4% of Fund Book

~75% of customers have ticket sizes < INR 2 Crs

• • Surrogate program is driving small ticket exposures and facilitating faster TAT

Sustainable Product Mix along with growing Fee Income

Growth avenues, Digitization & product innovation

20%

3% 10%

67%

Working Capital & Term Loan

Channel Finance

Commodity Finance

Non Fund Facilities

Healthy mix of Non-Fund book at ~20%

SME Fees

As % of Advances

642

515

1.6%

FY24

FY25

351

1.4%

FY23

• YES Export : Launch of new product for MSME exporters who are seeking extension in credit facilities

with charge on the underlying of well rated counterparties.

▪ Online trade platform ▪ Dedicated support from service desk.

• YES Business & IRIS Biz App : One app providing seamless experience for integrated financial

management of personal and Business Banking accounts, Digital CA opening and Overdraft facility

• Portfolio Granularization : Sharper focus on products catering to lower ticket size with Digital

enablement –Digi OD (Dedicated digital Journey), Smaller ticket Supply Chain Finance (SMARTFin)

• Service Desk : Superior customer experience with enhanced offering of

Financial Services (RTGS/NEFT, FD Booking)

Wholesale Banking Covering diverse Client Segments with deep Product Expertise

Client Segments

Indian Scheduled Commercial & Cooperative Banks, DFIs, NBFCs, MFIs, Insurance, Mutual Funds, Stock Brokers & Payment Operators

Indian Financial Institutions

International Banking

International Banks, Global DFIs and Cross border Money Transfer Operators

Foreign owned MNCs operating in India

Multinational Corporates

Government Banking

Central & State Government Public Sector Undertakings

Indian Corporates with turnover of more than 1500 Crs

Large Corporates

Trade Finance, Cash Management, Custody, Bullion, Remittance & Supply Chain Finance

Transaction Banking

Corporate

Wholesale Banking

Mid Corporates

Mid Size Corporates with turnover 100 - 1500 Crs & New Age businesses

Knowledge Banking

Business Economics Banking, Food & Agri Strategic Advisory & Research, Corporate & Government Advisory

Product Units

Long Project Term Financing with ring-fenced cash flows

Project Finance

IFSC Banking Unit

Offshore product offerings through IBU at GIFT City, Gandhinagar

Underwrite & syndicate/ sell down to lower holds

Fx & Derivative Sales , DCM, Balance Sheet Management, Trading

Loan Syndication

Financial Markets

Growing Client Base and improving positioning with high focus on Risk and Returns

Wholesale Banking Business (1)

All figures in INR Crs

Corporate Book

Providing tailored solutions to clients across business segments

Funded O/S

Non-Funded O/S

Mid Corporate Book

Funded O/S

Non-Funded O/S

Large Corporates

Indian Financial Institutions

International Financial Institutions

Government Entities

Multinational Corporates

Mid Corporates

•

Team of 182 Relationship Bankers in 9 cities

Focus on providing wide suite of banking products to develop and maintain core bank status

Team of 61 Relationship Bankers covering Indian Financial Institutions and financial sector entities

Solutioning led wholesale liabilities franchise across Co-operative banks, BFSI and Fintech's

Partnership with International DFI, Banks and Exchange Houses

Facilitate cross border business including trade and personal remittances

Team of 80 Relationship Bankers spread across 36 locations

Coverage of Government(s) and Administered Institutions with Comprehensive Financial and Digital solutions expertise

Team of 39 Relationship Bankers spread across 8 locations

Granular advances growth with focus on trade/cash/FX solutioning

Team of 325 Relationship Bankers with a strong coverage with presence in 37 key cities. Building Granular portfolio with a focus on knowledge banking

Deeply entrenched in new-age entrepreneurship ecosystem by providing bespoke digital solutions, incubation and networking platforms

66,76867,23572,16872,27772,310Q4FY24Q1FY25Q2FY25Q3FY25Q4FY2552,96656,32658,94663,43459,07314,65615,50616,43717,53218,607Q4FY24Q1FY25Q2FY25Q3FY25Q4FY2534,39334,30936,76539,60241,905Wholesale Banking Business (2) Building sustainable Liability Book

• Alignment with Govt strategy & fund flow to focus on implementing

agencies

•

Local Bodies, Development Authorities, Smart Cities & Agricultural Bodies

• E-Tendering, E-Procurement, E-Governance (G2C) • Strategic Projects : SNA, GeM, PFMS2.0

Government Banking

Corporate Solutioning

Liquidity Mgmt. for Large and Mid-Corporates

• • Exporter Accounts • Real Estate – RERA • TASC – Education Institutions, Hospitals and PF Trusts

Follow the money (Inorganic acquisition)

• • Mainstreaming Corporate Supply Chain •

Lifecycle Banking – Comprehensive Product Suite for clients Influencer Strategy eg. PE, VC, FinTech's.

•

Ecosystem Banking

CASA Multipliers

Liability Client Segments

Fintech & Ecommerce Co-operative Banks X-Border : Exchange Houses / MTOs / PA-CB Financial Institutions – Insurance, MF

• • • • • Multinational (MNC) client segment

• Custody Fund Accounting for MF, AIF, PMS clients • Escrow structures for Fintech ecosystem and NBFCs • Settlement accounts for Banks, SMBs, Exchanges etc. • CSGL, PCM • Capital Market Ecosystem – Brokers–POA–BTI link

Fiduciary Services & Capital Markets

API / Connected Banking

• • • •

Bank as a Payment Aggregator Banking as a Service – Connected Banking Banking as a Platform – Yes Connect Digital - Onboarding, Transacting, Servicing & Governance

Mid Corporate Segment Strong Competitive Advantage aided by Relationships, Expertise & Solutioning All figures in INR Crs

Steady growth in Balances in the Mid Corporate segment

Strong source of Fee Income

Q4FY24

Q1FY25

Q2FY25

Q3FY25

Q4FY25

Mid Corporate Fees

As % of Advances

21.8% Y-o-Y

3 9 3 , 4 3

9 0 3 , 4 3

5 6 7 , 6 3

2 0 6 , 9 3

5 0 9 , 1 4

10.4% Y-o-Y

8 1 8 , 1 2

1 4 6 , 1 2

9 5 7 , 1 2

3 6 3 , 2 2

4 8 0 , 4 2

27.0% Y-o-Y

6 5 6 , 4 1

6 0 5 , 5 1

7 3 4 , 6 1

2 3 5 , 7 1

7 0 6 , 8 1

Advances

Deposits

Non-Fund

• Strong Liability Franchise; CA Ratio at ~24% • Strong coverage – presence across 37 key geographies • Granular portfolio with a focus on Knowledge Banking • Well entrenched in new-age Ecosystem: Be-spoke digital solutions, incubation/ networking platforms

600

500

400

300

200

100

401

1.7%

513

1.7%

564

1.5%

FY23

FY24

FY25

High quality book with significantly low NPA levels across business cycles

Several key enablers driving profitability in the segment

Mid corporate GNPA (%)

1.5%

• Growth led by NTB and Cross-sell - higher wallet share and productivity •

Increasing Fee income through

• Augmenting Trade/ CMS income including that of Non-Credit Clients. Multi channel offerings

0.9%

1.0%

including Trade On Net, API & Digital Banking

• Synergies with FASAR1 & Treasury

• Dedicated New Age Banking Team with focus on Unicorns and Soonicorns •

Initiatives to maintain Bank’s Leadership Position in startup ecosystem through engagements like API banking, Customized Digital Solutions (UPI/PPI, Digital Escrow) and Advisory Services

FY23

FY24

FY25

1 Food and Agribusiness Strategic Advisory and Research Group

Financial Markets Customised solutions for clients

FX Sales

Debt Capital Markets & PD

Experienced sales team

Connect with a wide range of Large/Mid-Size Issuers

Corporates

NBFCs & FIs

Banks

InvITs

>15 yrs

5-15 yrs

<5 yrs

39%

47%

14%

Exotics

FX and Interest Rates Swaps

Remittances

Full Product Suite

FX Options

Currency Notes Imports

Forwards

Dedicated experienced product sales managers providing structured hedging solutions

Pan India Presence through sales centres

Active FX desk for providing best in class pricing for customer transactions

Forex Plus – one-stop solution for all treasury requirements

YesFX

Yes FxOnline

CCIL FX Retail Platform

Digital platforms across client segments

Comprehensive Product Suite

Diversified Investor Connect

Our Experience

Gsec/ SDLs/ IRS/ Vanilla Bonds / Commercial Paper

Securitization / Credit Enhanced Structures

High Yield Credits

Hedging Products like IRF and OIS

InvITs & Project Bonds

Bank / NBFC Debt

Numerous maiden issuances & multiple repeat mandates

▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪

Mutual Funds Banks Insurance Companies NBFCs Private Wealth Management Retiral Funds Corporate Treasuries Alternate investment Funds FPIs UCBs & RRBs

100+

Years of collective Team experience

1000+

Transactions originated since inception

50+

First-time issuers introduced to Debt Capital Markets

Bullion Desk

Consignment import

Outright domestic and Export Sales

Gold

Silver

Gold Metal Loan

s e p y T r e m o t s u C

Bullion Traders

Jewellery Mftg

Jewellery Exporters

India Silver conference excellence awardee of 2024

Extended specialized desk coverage

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 Digital Payment transaction in India

‘Deliver the Bank’ to the Customer

- Curated Offerings across platforms

UPI Payments #1 Payee PSP (57.1% market share) #2 Payer PSP (32.1% market share )

“#1 Acquiring AePS Bank: Powering ~26.8%1 of all AePS Txns via ~765 K+ partner outlets2

97% Credit Cards Sourced Digitally 4

1,500+ API Stack Developed

‘IRIS’ – Retail Super APP with 250+ features

‘IRIS BIZ’– Super APP for Businesses with 100+ features

#2 in NEFT with ~99.0% Success Rate & 24%1 market share

50+ partners integrated real time leads mobilization

96% Individual SA & 95% eligible CA accounts Sourced Digitally

‘Leapfrogging’ from being Product Centric to Customer Centric - DIY I Assisted I Next Gen AI I Cloud Native

Foundational, Agile and Embedded Banking - UPI / Payments, IRIS, YES Smart Pay, Yes Genie, Yes Robot. Yes Connect

Leveraging Public Digital Infrastructure

- CBDC (Efficient Cash Management, Small Payments ) OCEN (Digital Cash Flow Financing), ONDC (Leverage Market Ecosystem), Account Aggregator (Data Sharing Consent Layer), ULI (Unified Lending Interface)

Future ready for both BaaS & BaaP Models 3

Drive Cost Reduction & Productivity Improvement

- Through ‘Digitization’ of internal processes

YES Bank ‘Digital & Transaction Banking Stack’

- Customer Journey’s, Assets and Apps

Internal Employee Facing Tools

- API Banking

Ecosystem Partnership

- Payment Aggregators, Co-branded cards, Third

Party Apps, Corporate BCs, Co-Lending, Marketplaces etc.

Better Mind Share & Wallet Share

Lower Acquisition, Txn and Servicing Cost

Scale and Profitability

1 Industry Source: RBI Payment System Indicators & NPCI 2 As of Mar 31, 2025 4 Including Assisted Journeys

3 BaaS: Banking as Service, BaaP: Banking as Product

IRIS A Next Gen ‘all-in-one’ Retail SUPER APP

Gaining Strong Traction Since Go Live in Aug 2023

✓37.0 lakh

✓20.4 Lakh

✓~27,000

✓5.2 Lakh

✓223 Lakh

✓416 Lakh

Registered Users

Monthly Active Users1

PL Sourced

RuPay Cards issued

Service Request Handled

Transactions

8.4% ▲ (Q-o-Q)

~55% of Registered Users

~3,300 PL added in Q4FY25

~47,000 Cards added in Q4FY25

69 Lakh ▲ in Q4FY25

v/s. 332 lakhs as of Dec’24

Customers can transfer Funds Through LRS

Primary Channel for CC EMI Sourcing

Customers can avail MCTC Cards for their International Travel

1 March 2025

IRIS Biz A Next Gen ‘all-in-one’ Business SUPER APP

2.5 Lakhs +

Registered customers

59,000+

40 Lakhs +

14500 +

1330 +

Active Customers

Transactions

Tax Bill Payments

FDs opened

Scan to watch Video

YES PAY NEXT A Next Gen ‘UPI’ Payment App

UPI Payments | Bill Payment & Recharge | UPI Lite | Autopay Available in 2 languages | Gift cards, Vouchers & more...

29 Lakhs +

21%

24%

Registered customers

MOM Growth in User Base

Monthly transacting users

App store ratings

4.6

4.7

Top plugin partners - Swiggy | Zerodha Coin |Annapurna Finance | Apollo Pharmacy

Simplified Dashboard

Quick & Secure Merchant Payments

UPI Lite –Auto top- up

Setup Recurring Payments

Zero Platform fee on Bill Payments

Pay Using Credit Card

YES Pay Biz One Stop Solution for Merchants

Collect | Manage | Grow

51,000+

60%

85 Lakhs

App Store Ratings-

Registered Merchants

Monthly transacting merchants

Monthly transactions valuing INR 591 Crores

4.4

On demand Instant Settlements | Multiple Collection Modes| Sub-User Management |Available in 6 languages

Powering Digital India with our Distinctive Capabilities

#1 UPI Payee PSP Bank Powering ~318 mn txn daily

#2 UPI Payer PSP Bank Powering ~182 mn txn daily

CAGR 74.9% (Q4FY22-Q4FY25)

56% 55% 54%

57%

CAGR 42.05% (Q4FY22 Q4FY25)

39%

35% 35%

33%

35%

30%

27%

32%

29%

40% 38% 37% 36% 34% 34%

0 1

1 1

2 1

3 1

4 2

5 2

8 2

4 3

0 1

1 1

6 1

5 1

0 2

Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25

UPI Payee PSP transactions

UPI Market Share

UPI Payer PSP transactions

UPI Market Share

~More than 3X growth in CMS Throughput Since Mar’22 CAGR 52.5% (Q4FY22-Q4FY25)

Steadily Market Share Gains; #2 in NACH

CAGR 107.1% (Q4FY22-Q3FY25)

40.0

35.0

30.0

25.0

20.0

15.0

10.0

5.0

0.0

0 . 0 1

1 . 0 2

5 . 8 1

6 . 0 2

8 . 1 2

6 . 4 2

7 . 2 3

7 . 3 3

9 . 5 3

6 . 5 3

NACH (Mn)

14.7% 15.3%

16.5% 17.0% 17.0%

12.7%

11.3%

9.7%

6 . 1 1

3 . 6 3

9 . 4 4

9 . 3 5

4 . 2 6

7 . 0 7

7 . 3 7

5 . 2 8

8 . 5 8

18.0%

16.0%

14.0%

12.0%

10.0%

8.0%

6.0%

4.0%

2.0%

0.0%

76.0

66.0

56.0

46.0

36.0

26.0

16.0

6.0

Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25

Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25

CMS Throughput (INR Tn)

NACH (Transactions, Mn)

NACH Market Share

% Credit Cards Issued Digitally1

CAGR 12.7% (Q4FY22-Q4FY25)

% CC Issued Digitally

88% 92% 95% 96% 95% 96% 98% 97%

79%

68%

120%

100%

80%

60%

40%

20%

Q4FY22 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q4FY25

1 Includes offline assisted journeys

UPI – Unified Payments Interface; PSP – Payment Service Provider NACH – National Automated Clearing House; CMS – Cash Management Services

YES Connect : Enriched Customer Experience B2B Marketplace

API’fication of our Marketplace model (YES Bank + Partner Offerings)

YES Bank Services

Partner Services

E-Invoicing

Smart Collections

Remittances

Payments (FT2/IMPS)

Expense Mgmt.

Card Solution Mgmt.

Digital KYC

Trade Finance Services

Payment Aggregator Services

YES Bank & Partner Stack

Cardless cash withdrawal

Neo Bank services

Public Digital Infra - ONDC, CBDC, ULIP etc

ERP Integration

Prepaid issuance & Management

Statutory Payments

Sachetization of Solutions across Industry Segments

FinTechs

Retailers

Exchange Houses

Co-operative Banks

NBFCs

Education

Manufacturers

MSME

Pharma

Curated Segmental Solutions

Merchant acquiring

Supply Chain Business

Hospitality

Hospital

Digital Loan Mgmt.

Digital KYC & Due-diligence

& Many Others

Services across

Others..

Liabilities, General Banking and Cash Management

Trade, Remittances, FX and Supply Chain

Working Capital Financing and Service Fulfilment

Public Digital Infrastructure

Service Fulfilment

Beyond Banking (Partner Soln.)

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 – CA-SA accounts, Supply Chain, Cards, Retail Assets, etc

& Product Setups

▪ Create STP journeys for Liability

resolution at low-cost model

▪ End-to-end digital Sales

▪ Digital a/c Opening

& Asset products

▪ AI led Service resolution

force

▪ with Instant a/c Operations

▪ FinTech Partnership & integration

▪ ML led Digitalized

Compliance, FRM, AML

Quantum Force Multiplier for Inorganic Client Acquisition across…

Third Party Apps

Corporate BCs

Market Place

Payment Aggregators

Co-Branded Cards

Large Merchants

… & many more

Transaction Banking Leveraging the strength of solutioning, leading to granular CASA, NFB, Fee, NII & FX Revenue

Sachetization of Transaction Banking: Curated Solutioning by Client Segments

Large Corporate

B2C

FinTech & Exchange Houses

Large Corporate

B2B

Insurance / MFs / Broking

Pharma

Co-operative / Small Finance Banks

Media & Entertainment

Government Schemes

NBFC

Education, Hospitals & Hospitality

98% of our Corporate CASA is embedded with Digital & Transaction Banking Product & Solutions

2+ PPI* covers 84% CA, 87% TP, 90% FB, 92% NFB & 96% NCF & 86% TBG Fees

STRENGTHENING FRANCHISE

21% YTD Corp. CA growth YoY

17.11% growth of NFB* book & 25.78% growth of FB* Book YoY

240% growth in Asset under Custody

282% YoY growth in Corp. IBU CA

58%% YoY growth in CMS Thruput

17% YTD growth in Mandate executed YoY

93% of all Lending Clients have 1+ TBG Product Embedment

18% growth in Trade & CMS Fees YoY

7% of CA Book and 9% of Trade NFB from NTB clients

Market Leadership – YBL processes 1 in 3 Digital Payment transaction in India UPI – 57.2% Rank #1 in Payee PSP| NEFT – 24% Rank #2 | IMPS – 7.5% | NACH – 15% Rank #2 | AePS – 26.8% Rank#1

13% in NACH & 46% growth in BBPS YoY , ~5.5% Market Share in LRS, ~15% share in RDA

31% growth in total Statutory payments 40% growth in direct taxes 29% growth in GST payments 47% growth in EPFO

* PPI @ Product Penetration Index, FB @ Fund Book, NFB @ Non-Fund Book, TBG @ Transaction Banking Group, DB @ Digital Banking, NCF @ Non-Credit Flows # NPCI; CMS @ Cash Management, NTB @ New to Bank, SCB @ Supply Chain Banking

NEW

Agency Business

YES BANK is authorized as an Agency Bank to collect Central & State Tax Payments YES Tax Pay – An integrated collection suite enabling seamless tax payments across government tax portals.

YES Tax Pay

E-PAYMENTS

YBL BRANCH

PAYMENT GATEWAY

•

Direct Integration for YES Bank Net Banking Channels.(Retail and Corporate)

Integrated flow for OTC (Over the Counter) collections at YES BANK Branches.

Integrated with YES SMARTPAY (Collection Suite) for Multiple payment modes via Payment Gateway.

Integrated with eKuber 2.0 for automated regulatory reporting

Tax and Statutory Business – Direct / Indirect channels

Custom Duty

Direct Tax 40% YoY Growth

Statutory Payments

GST 29% YoY Growth

EPFO 47% YoY Growth

ESIC 29% YoY Growth

Central Mandates

State Mandates

4 central empanelment received

8 State empanelment received

Live for GST & EPFO collections

Live for Assam & Meghalaya

Employees' Provident Fund Organization – (EPFO)

Goods and Services Tax (GST)

31%

50K

30K

Launched on 13th March 2025

YoY Growth in

4,730 New Clients

2,766 Active Customers

1,690 New Customers

To know more Scan the QR

Total Tax Collection

Active Customers

New clients activated for Tax payments

Live in FY2025

in FY2025

NEW

Supply Chain Finance Business

End-to-End Digital solution designed for Anchor Corporates to support working capital needs of their MSME supply chain partners

Operational Efficiency

Granular Book

-Digital Data Collection

▪ Fully Digital onboarding from lead sharing to limit sanction.

▪ Detailed BRE

functionality,

configure policies on the fly

▪ 4lac+ Invoices Discounted

FY-25

Product Coverage

Diversified Relationships

▪ LMS and LOS covers all SCF

products & services.

▪ 130+

Anchors Industry Segments

across

▪ Exploring

BBPS

B2B

integration for auto recon

API Functionalities

Growing Presence

▪ APIs across LOS + LMS enabling deeper LSP/Fintech integrations.

▪ Transaction API’s, Lead

APIs, BRE APIs

▪ 1200+ NTB MSMEs

onboarded in FY -25(SCF)

BRE- Business Rule Engine LOS – Loan Origination System

LSP – Loan Service Provider LMS- Loan Management System

- Direct Linkages with Bureau, GST, Income Tax Portals -Automated Limit Tracking and 24*7 Transaction capability

Responsible franchise with sustainability at its core

S&P Global ESG Score Highest Score amongst Indian banks in the 2024 S&P Global CSA*

FTSE4Good Included in FTSE4Good Index Series for the second consecutive year (2023, 2024)

CDP Highest rated Indian Bank for climate disclosures 2024 – rated ‘A-’ (Leadership Band)

MSCI Index Constituent of MSCI ACWI’s Low Carbon Leaders Index, ACWI Climate Change Index, among others

CRH Ranked highest amongst 35 large scheduled commercial banks on climate preparedness – Climate Risk Horizons study#

Aligning with global frameworks

Taking the lead in climate and sustainable finance

First Indian Bank to be a Founding Signatory to UNEP FI Principles for Responsible Banking, striving to align its business strategy with the Paris Agreement and UN SDGs

First Indian Bank to support and publish enhanced disclosures in line with TCFD recommendations

First Indian Bank to measure and report financed emissions of its electricity generation loan exposure and set decarbonization targets

Launched India’s first Green Bond and Green Fixed Deposit product

One of only 5 Accredited Entities to the Global Climate Fund

Robust ESG & Climate Governance

CSR & ESG Committee of the Board: Highest governance body that drives the Bank's ESG agenda

Sustainable Finance (SF) Unit: Implements the Bank’s sustainability strategy in coordination with sustainability SPOCs from BUs across the organization to

Sustainability Council: Executive committee chaired by the MD & CEO, develops and reviews the Bank’s sustainability strategy

ESG KPIs: Domain-specific ESG KPIs integrated into the goals of Top Management

* S&P Global Corporate Sustainability Assessment (CSA) 2024 - (YES BANK achieved a CSA Score of 72 (out of 100) and ESG Score of 73 (out of 100) as of December 16, 2024. Only Indian bank included in the S&P Global Sustainability Yearbook 2025 # Climate Risk Horizons 2024 study

Integrating ESG considerations across the Bank’s business and operations

Environment

Social

Governance

23.17%* proportion of women in the Bank’s workforce in FY 2024-25

54% of the Directors on the Bank’s Board are Independent Directors

23% of Directors on the Bank’s Board are women

6.49 lakh* active women customers under the Bank’s flagship group-lending programme, YES LEAP in FY 2024-25

22,000+ youth, farmers, women and artisans* from rural India impacted through employment and entrepreneurship interventions by YES Foundation in FY 2024-25, with a target to impact over 1,00,000 individuals by 2026

Environmental Management: First Bank globally with 1,186, ISO 14001:2015 certified facilities under its Environmental Management System

Net zero by 2030: Committed to reduce GHG emissions from operations to net zero by 2030. Switched key facilities including YES BANK House to 100% renewables

Responsible lending: Instituted an Environment and Social Risk Management System (ESMS) to integrate E&S risks into overall credit risk assessment framework

Climate action: First Indian Bank to report financed emissions (electricity generation). Continued focus on financing renewable energy, electric vehicles, and rooftop solar adoption amongst MSMEs

Agroforestry: 2,00,000 trees planted on farmer’s land for enhancing green cover and providing an additional source of income to farmers, with a target to plant 1 million trees by 2028

* Figures for FY 2024-25 are unaudited

Robust Governance Structure – Board Members

Eminent and Experienced Board

Rama Subramaniam Gandhi Non-Executive, Part time Chairman, Independent Director

Atul Malik Independent Director

Sharad Sharma Independent Director

Rekha Murthy Independent Director

Nandita Gurjar Independent Director

Sanjay Kumar Khemani Independent Director

Sadashiv Srinivas Rao Independent Director

Sandeep Tewari Nominee Director appointed by SBI

Thekepat Keshav Kumar Nominee Director appointed by SBI

Shweta Jalan1 Non- Executive Director

1 Non-Executive– Nominee of Verventa Holdings Limited

Prashant Kumar Managing Director & CEO

Rajan Pental Executive Director

Manish Jain Executive Director

Professional and Seasoned Management team

Niranjan Banodkar Chief Financial Officer

Archana Shiroor Chief Human Resources Officer

Rakesh Arya Chief Credit Risk Officer

Naveen Chaluvadi Chief Digital Officer

Binu Soman

Chief Vigilance Officer

Tushar Patankar2 Chief Risk Officer

Rajat Chhalani3 Chief Compliance Officer

Kapil Juneja3 Chief Internal Auditor

Sanjay Abhyankar1 Company Secretary

Prashant Kumar Managing Director & CEO, YES Bank

Rajan Pental Executive Director

Manish Jain Executive Director

Dheeraj Sanghi Country Head - Retail Liabilities, Fee & Business Banking

Sumit Bali Country Head - Retail Assets and Debt Management

Sachin Raut Chief Operating Officer

Mahesh Ramamoorthy Chief Information Officer

Anil Singh Country Head – Credit Cards and Merchant Acquiring

Nipun Kaushal Chief Marketing Officer and Head CSR

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

Gaurav Goel Country Head - Commercial Banking

Parminder Singh Country Head - Large Corporates

Nirav Dalal Country Head - Financial Markets

Ajay Rajan Country Head - Transaction Banking

Ashish Dadhich Country Head - Financial Institutions

Indranil Pan Chief Economist

Santosh Mishra Business Head PSL and Microfinance

Mukesh Kumar National Head - Project Finance & Loan Syndication

Arvind Nair National Head - Real Estate

Strong people focus: Stable leadership with focus on up-skilling talent, objective performance management & enabling employee flexibility

Leadership Development

Knowledge Management

DEI Initiatives

Employee Engagement

•

Employees in Grades G1 to G3 have an average vintage of over 9 years within the Bank combined with acquisition of top talent from the industry.

Adaptive Leadership in Action is a customized learning intervention which was conducted with an objective of equipping leaders with tools and techniques to drive organizational changes, lead with purpose, have impact and help them align the long-term vision with business goals.

Grades2

Employees in Top and Senior management attended the Compliance Awareness Workshop, which reiterated the significance of adherence to the regulatory guidelines and with a view to further disseminate the expectations related to regulatory reporting.

YES Credit Excellence Workshop: A comprehensive series was conducted for the Credit Risk Managers across product lines to enhance their skills, expertise in credit risk assessment and further reinforce the Bank’s risk management practices while fostering business growth.

• Workshop on Regulatory and Governance: Customized training workshop was conducted for the Board Members which covered understanding various aspects of KYC & AML, Anti Bribery and Anti Corruption, Risk Management, Climate Risk and Social Media Policy of the Bank.

• Unconscious Bias Workshop: The Bank has conducted sessions on Unconscious Bias workshops to inculcate awareness, promote equitable & inclusive behaviors at workplace and sensitize participants to recognize, reflect, and reduce the impact of biases on people decisions.

•

International Women’s Day 2025: In celebration of Women’s Day, the Bank hosted a webinar series over the week covering topics such as breaking free from limiting beliefs, women health & wellness, and prioritizing emotional resilience.

G1 to G3

G4 to G6

G7 to G12

FY25

FY24

315

355

3,645

4112

24,727

23,532

Total

28,687

27,999

•

Experiential Workshops were conducted offering employees a creative break and time away from their workstations, which was well-received by the employees.

Total headcount of 28,690 with a net addition of 689 staff over the headcount of March 31, 2024

The YES BANK Day celebrations were held on March 18, 2025. YES Securities' Omni App, and the Bank’s Employee Value Proposition (“EVP”) were launched on this occasion. Further, all branches of the Bank hosted a Women’s Financial Literacy Drive, welcoming customers and emphasizing on the importance of financial empowerment for women.

The employees participated in the first edition of YES Premier League, an inter-city T20 Cricket tournament fostering teamwork and active engagement.

1 Data as March 31, 2025. 2 The data excludes MD & CEO and Executive Director

Strong Investor base

Well diversified Investor base:

Shareholding Pattern as on March 31, 2025

Yes Bank Limited has informed the Exchange regarding a press release dated April 19, 2025, titled "Press Release and Investor Presentation on the Financial Results for the Quarter (Q4) and year ended ...

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