Yes Bank Limited History, Latest Updates, Milestones, Subsidiaries & Share Price

 

Company Overview

 

Yes Bank is one of India's top private sector banks with its headquarters in Mumbai. The bank was established in 2004 and offers a variety of financial products in the retail, MSME, and corporate banking businesses. The bank has dramatically increased its digital presence and branch network to extend customer reach and touchpoints. The bank has concentrated on financial inclusion and innovation over the years. Following its financial troubles in 2020, it went through a significant restructuring with the support of the RBI and consortium banks. Yes Bank has since stabilized its operations and keeps expanding with renewed emphasis on asset quality and governance.

 

Yes Bank Ltd Moves In 2024 & 2025

 

April 2024

Yes Bank MD confirmed robust capital buffers to enable FY25 growth plans. Future warrant conversions also set to enhance capital adequacy by 250 basis points.

July 2024

Yes Bank posted a net profit of Rs.502 crore in Q1FY25, marking a 47% year-on-year growth. Improvement came in the form of increased interest income and better asset quality.

August 2024

Country Head of Financial Markets, Amit Sureka, left the bank.

Reports indicated SBI could sell its 24% holding in Yes Bank by March 2025 as global banks expressed interest in acquisitions.

October 2024

The board has approved raising Rs.2,500 crore via private placement of non-convertible debentures to strengthen its funding base.

January 2025

Yes Bank Q3FY25 update reported 12.6% YoY loan growth and 14.6% rise in total deposits, echoing consistent retail and corporate growth.

February 2025

Share price witnessed a mild recovery, reflecting improving investor sentiment amid strong quarterly performance.

March 2025

Management reiterated strong capital position and readiness for future expansion, supported by stable asset quality and reserve buffers.

April 2025

SBI’s stake sale process in Yes Bank entered advanced stages with regulatory and strategic evaluations underway.

 

Yes Bank Share Price Performance

 

Yes Bank share price has shown moderate fluctuations over the past year. In April 2024, Yes Bank share price closed at Rs.28.55 and Yes Bank share price declined to Rs.25.83 in May. A slight rebound followed in June, with the Yes Bank share price at Rs.26.76, and Yes Bank share price dipped a bit to Rs.26.49 in July. The Yes Bank share price improved to Rs.27.55 in August and Yes Bank share price continued rising to Rs.28.65 in September. Yes Bank share price dipped slightly to Rs.28.09 in October, but Yes Bank share price recovered in November at Rs.29.21 and Yes Bank share price at Rs.29.50 in December. January 2025 in December closed lower at Rs.28.00, with slight upward movement in Yes Bank share price at Rs.28.20 in February and in March at Rs.28.40.

 

Evolution Of Yes Bank Limited: From Past to Present

 

2004–2005: Incorporation and Early Growth

Yes Bank received its banking license from the Reserve Bank of India (RBI) in May 2004.

It commenced operations in August 2004 with its initial branch at Mumbai.

The bank came out with an Initial Public Offering (IPO) in June 2005 and listed on Indian stock exchanges.

2006–2010: Expansion and Diversification

The bank grew its branch network at a rapid pace and offered a wide spectrum of financial products.

In 2010, Yes Bank formed a partnership with Nokia to introduce mobile payment solutions.

The bank raised USD 225 million through a Qualified Institutional Placement (QIP) in 2010.

2011–2015: Product Innovation and International Expansion

Yes Bank established strategic alliances during this time, with a significant partnership with DHFL in 2011.

In 2015, it launched India's first Green Infrastructure Bonds to foster sustainable development.

The bank also ventured abroad, establishing a representative office in Abu Dhabi, UAE.

2016–2019: Turbulence and Leadership Changes

Yes Bank struggled to raise capital and was also subject to increasing concerns regarding asset quality, resulting in a challenging financial phase.

The bank experienced leadership transitions, particularly with issues regarding corporate governance and bad loan management.

2020: RBI Intervention and Restructuring

During financial difficulties, the RBI had put a moratorium in March 2020 and replaced the bank's board.

The government and large investors infused capital, and a reconstruction process was initiated.

Prashant Kumar, a former State Bank of India CFO, was appointed as the new MD & CEO in March 2020.

2021–2022: Restructuring and Revival

Yes Bank's actions centred on regaining trust, enhancing asset quality, and restructuring its operations.

The key emphasis was placed on bringing down Non-Performing Assets (NPAs) and strengthening the financial position of the bank.

2023–2024: Recovery and Financial Growth

During the fiscal year 2023-2024, Yes Bank reported a significant rise in profits, with a 74.4% year-on-year growth in net profit.

Both Net Interest Income (NII) and non-interest income witnessed growth by the bank, demonstrating a recovery pattern.

2025 and Beyond: Strategic Plans

The bank is considering possible divestitures, including the State Bank of India possible cutting down on its equity in Yes Bank.

There is a significant emphasis on digital innovation and enhancement of customer service as a part of its long-term plan for long-term profitability.

 

Yes Bank Ltd Information 

 

 

 

Inside Yes Bank Ltd

 

Financial Performance

Q3 FY25: Yes Bank reported a significant 164% increase in net profit, reaching Rs.612 crore compared to the same period last year. Net interest income grew 10.2% to Rs.2,224 crore, and non-interest income rose 26.6% to Rs.1,512 crore.

Q4 FY25: The bank posted a net profit of Rs.738 crore, a 63% rise compared with the last year, driven mainly by lower provisions.

Corporate Actions

SBI Stake Sale: State Bank of India intends to sell its 24% stake in Yes Bank, worth around Rs.18,420 crore, by March 2025. 

Foreign Acquisition Interest: Sumitomo Mitsui Banking Corporation showed interest in buying a 51% stake in Yes Bank. But the Reserve Bank of India is hesitant to let a foreign player own a majority stake in an Indian bank, which may slow down the acquisition process.

Strategic Initiatives

SME Lending Focus: Yes Bank will focus on lending to small and mid-sized businesses to improve its return on assets at 1% in two years and 1.5% in five years.

Branch Expansion: The bank will add 100 new branches in FY26 to expand its retail presence and reach.

 

Yes Bank Share Price NSE

 

 

Awards and Achievements of Yes Bank Ltd

 

Highest ESG Score: Yes Bank achieved the highest ESG rating among Indian banks in the 2023 S&P Global Corporate Sustainability Assessment, with its score rising from 68 (2022) to 73.

CDP Climate Leadership: Received an 'A-' rating by CDP for its climate change efforts.

Finnoviti 2023 Award: Recognized for its YES PAY HUB innovation at Banking Frontiers Finnoviti 2023.

MSME Excellence Recognition: Runner-up for Best MSME Bank (Private Sector) for its support for government initiatives.

ISO Certification: First bank worldwide to be ISO 14001:2015 certified at 1,186 locations.

Great Place to Work® 2024: Included in India's Top 50 workplaces in BFSI for the second consecutive year.

Silver SKOCH ESG Award: Felicitated in the Sustainable category for 2024.

Paris Olympics 2024: Became the Principal Sponsor and Official Banking Partner for Team India.

 

Conclusion

 

Yes Bank has demonstrated considerable turnaround after its 2020 restructuring, with emphasis on asset quality and growth. The bank's steady growth in profits, better capital position, and strategic concentration on retail and corporate segments indicate a bright future. With continuous digital innovation and possible investments, Yes Bank is poised for long-term stability.

 

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Frequently Asked Questions

 

How can I track current share price of yes bank?

You can check live share price of yes bank by using Enrich Money.

 

What is the Yes Bank Stock Price today?

Check live Yes Bank Ltd stock price on Enrich Money.

 

What are the major factors affecting Yes Bank share price?

Earnings growth, capital adequacy, stake sale updates, and RBI regulations largely influence its share price.

 

Has Yes Bank share price recovered after 2020 restructuring?

Yes, the share price has shown gradual recovery since 2020, backed by better profits and improved governance.

 

Why is the Yes Bank share price fluctuating?

The share price fluctuates due to market sentiment, financial results, SBI’s stake sale news, and broader market trends.

 

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