'Our aspiration is to exit Q4FY26 with RoA of 1%'

PRASHANT KUMAR, managing director (MD) and chief executive officer (CEO), Yes Bank, discusses the Q4FY25 results and future strategy of the bank in an interview with Abhijit Lele and Subrata Panda in Mumbai. Edited excerpts:

- PRASHANT KUMAR, managing director (MD) and chief executive officer (CEO), Yes Bank

How is the next phase of growth going to look like for Yes Bank now that five years have passed since it was reconstituted?

If you see the bank's performance in the last six quarters, it is a consistent trend—both in business growth and profit. There were no blips in profit in the last four quarters. Every quarter there has been improvement of more than 10 percent (quarter-on-quarter) in profitability. We have solved the asset quality problem and now we have one of the best asset qualities in the industry. Our net non-performing asset (net NPA) is 0.3 percent and provision coverage ratio is 80 percent. Our slippages are coming down, credit cost is going down, and security receipts have been fully provided for. In liabilities, our current account savings account (CASA) ratio is improving. Cost of deposit for the last 18 months has not gone up. We are talking about the next five years because we have made the balance sheet strong enough, where the future earnings are not going to be impacted due to past impact.