Yes Bank just posted an 18% jump in profit for July-September 2024, hitting ₹655 crore.
The boost comes from higher interest income and stable asset quality—bad loans stayed low at 1.6%.
It's a sign the bank is bouncing back after its big shake-up in 2020.
Loans and deposits both grew over 6% y-o-y
Alongside stronger profits, loans and deposits both grew over 6% year-on-year.
Plus, Japanese giant Sumitomo Mitsui Banking Corporation picked up a significant stake in October—marking fresh confidence in the bank's future.
For anyone watching India's banking scene, it's proof that Yes Bank is finding its feet again.