YES BANK Announces Financial Results For The Quarter Ended June 30, 2018

Advances grew by 53.4% y-o-y across domestic Corporate, IBU, MSME and Retail businesses IBU Assets crossed US$ 3 Bn growing by 219% y-o-y Retail Banking Advances grew 105.2% y-o-y to 14.0% of Total Advances, contributing 47% of incremental growth during the quarter - Healthy Asset Quality delivery: Steady decline in Total Stressed Assets Book.

GNPA at 1.31% and NNPA declined to 0.59% from 0.64% sequentially. Credit costs at 15 bps PCR improved to 55.3% from 50.0% sequentially Total Stressed book (NNPA + Net Security Receipts + Std. Restructured Exposure) declined steadily to 1.52% from 1.73% sequentially Demonstrated resolution track record capability by achieving significant recoveries in NPA and Security Receipts book - Ratings Upgraded to AAA by CARE from AA+ for Infrastructure Bonds and Tier II Bonds (Basel III).

Commenting on the results and financial performance, Mr. Rana Kapoor, Managing Director & CEO, YES BANK said, "YES BANK has again delivered sustained performance across balance sheet growth, profitability and asset quality. Further, the growth has been well segmented across Corporate, IBU, SME and particularly Retail Business which grew 105% y-o-y taking Retail Banking proportion in total advances to 14.0%. The exponential growth momentum in Retail demonstrates the leverage created across people, branches and technology over the past few years and is further expected to increase granularity in Bank's asset and liabilities over the quarters to come. The Bank has also received approval from SEBI to commence its 'Mutual Fund Business' which will complement and further augment Bank's Retail Liabilities and Wealth Management product offerings.

The other key highlight of the quarter was Bank's continued resilience in Asset Quality and resolution capabilities as demonstrated through recoveries in NPA and Security Receipts book resulting in decline in total Stressed Assets to 1.52% aggregate.

YES Bank's sustained performance and inherent franchise strength has also been corroborated by Bank's recent rating upgrade to AAA by CARE which will provide further impetus to Bank's superior performance, overall Cost of Funds reduction and enable it to capture market share at an increasing pace."

Net Profit grew by 30.5% y-oy to INR 1,260.4 Crores Net Interest Income grew by 22.7% y-o-y to INR 2,219.1 Crores and Non-Interest Income grew by 49.6% y-o-y to INR 1,694.1 Crores with NIMs at 3.3% Provisions stood at INR 625.7 Crores of which: - INR 379.9 Crores is NPA provisioning which includes INR 149.0 Crores towards increase in Provision Coverage to 55.3% -INR 92.7 Crores is towards MTM losses on Bonds. MTM losses of INR 278.0 Crores will be amortized during FY19 under the RBI dispensation.

Operating Profit posted robust growth of 44.0% y-o-y to INR 2,454.7 Crores Consistent return ratios with RoA stable at 1.6%. RoE increased to 19.4% from 17.4% in Q1FY18 Book Value at INR 114.1 per share as on June 30, 2018 3. BALANCE SHEET: Robust Advances growth with increasing granularity.

Total Assets grew by 49.7% y-o-y to INR 3,32,549.3 Crores. IBU Assets grew by 219% y-o-y to US$ 3.2 Bn Deposits grew by 42.0% y-o-y to INR 2,13,394.5 Crores CASA ratio at 35.1%, on the back of 35.7% y-o-y growth. SA (INR 46,597.5 Crores) and CA (INR 28,332.5 Crores) deposits posted strong growth of 26.9% and 53.1% y-o-y respectively. CASA + Retail FDs as a % of Total Deposits stands at a healthy 56.7%

Advances grew by 53.4% y-o-y to INR 2,14,720.1 Crores on the back of robust growth across Corporate, IBU, MSME and Retail businesses. Retail Banking Advances grew by 105.2% y-o-y to 14.0% of Advances (up from 10.5% as on June 30, 2017).