INTRODUCTION

Yes Bank Limited is India's fourth largest private sector bank, founded by Rana
Kapoor and Ashok Kapur in 2004. It primarily operates as a corporate bank, with retail
banking and also asset management as subsidiary functions.

Yes Bank Limited derives most of its revenues through arranging syndicated
loans and through corporate banking. It operates as three entities - Yes Bank, Yes Capital
and Yes Asset Management Services.

As of September 2018, Yes bank had taken syndicated loans from eight large
international entities including ADB, OPIC, European investment bank, banks
in Taiwan and Japan for amounts ranging from US$ 30 Million to US$ 410 Million, which
it in turn lends to small and medium scale enterprises as well as large corporates. It has
also both taken as well as given short term loans to a number of retail and corporate banks
in Taiwan, Japan, USA and Europe. It has a strategic partnership with the US government
based OPIC and with Wells Fargo.

 Corporate Banking and Institutional Banking Services

At YES BANK, we understand the financial needs of Large Corporates, in their ambitious
growth plans towards building globally competitive firms. The Corporate & Institutional
Banking (C&IB) division at YES BANK provides Knowledge driven banking solutions to
Large Corporates and Leading Indian Business Groups with a turnover of over INR 1,000
crores.

YES BANK follows a "MONEY DOCTOR" approach towards providing diagnostic and
prescriptive solutions, by evaluating specific financial needs, and providing tailor-made
solutions to our valuable clients offering a full range of client focused Corporate
Banking services including:

 Working Capital Finance

 Specialized Corporate Finance
 Trade Finance Solutions
 Cash Management Solutions
 Vendor & Channel Financing

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  Treasury Risk Management Services
 Debt Capital Market Offering
 Liquidity Management Solutions
 Investment Banking Solutions

All product offerings are suitably structured, after in-depth research and assessment, taking
into account the client's risk profile and specific needs, and maintaining highest credit quality.
We are committed to providing innovative financial solutions by leveraging on superior
product delivery, knowledge-based advisory, state-of-the-art Technology platform and a
strong client orientation.

Emerging Corporates Banking

By continuously evolving sector-specific products and services, YES BANK paves the path
for a sustained future for emerging corporates. The Bank understands the financial needs of
growth-focused, fast-paced enterprises that are emerging as leaders in their respective
industry domains, through YES BANK's Knowledge Banking approach, and the objective of
being the Bank for 'Future Industries of India'. YES BANK has institutionalized Emerging
Corporates Banking (ECB) dedicated to serve this specialized segment of companies with a
turnover between INR 100 crores and INR 1000 crores, and provide a strong backbone as
Partners to clients throughout their lifecycle, and be a key strategic value driver. Putting the
"Knowledge Banking" approach into practice ECB teams are aligned according to the
knowledge sectors to help to deliver knowledge driven financial solutions to the clients, as
well as to position ECB's expertise externally.

Banking Services for the Indian Government

In our quest to partner with Government of India's commitment to progress and

development, YES BANK has institutionalized a specialized Government Relationship
Management (GRM) group to cater to the banking and advisory requirements of the Central
Government, State Governments, Central & State Public Sector Undertakings, Boards and
other affiliates. YES BANK remains committed to serving this specialized segment and has
adopted the Knowledge Banking Approach to deliver innovative, structured and
comprehensive solutions. This is facilitated through YES BANK's Technology leadership -
delivering proven, easy to use solutions for Government undertakings and agencies. We have

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accomplished several landmark transactions in this space with Maharatnas, Navratnas, Mini
Ratnas and other Apex Institutions.

Indian Financial Institutions (IFI)

YES BANK believes in creating enhanced value for its stakeholders, customers, employees
and communities through professional partnerships.

The Indian Financial Institutions (IFI) team at YES BANK spearheads relationship
development with various Banks and Financial Institutions nationally. This is achieved by
supporting product delivery while creating and sharing industry knowledge with internal and
external stakeholders. The IFI Relationship Management experts offer an array of services to
the following set of clients:

1. Domestic Banks (Govt. owned, Private and Co-operatives)

2. Mutual Funds
3. Insurance Companies
4. Non-Banking Finance Companies (NBFCs)
5. Housing Finance Companies (HFCs)
6. Private Equity Funds
7. Brokers (both Capital market and Commodity market)

Banking Solutions for Multi-National Companies (MNC)

At YES BANK, we understand the financial needs of Multi National Companies, in their
plans to increase their footprint in the Indian market. The Multi National Companies (MNC)
Relationship Management group has been institutionalized within YES BANK to provide
Knowledge Driven Banking solutions to MNCs present in India and those aspiring to enter
India.

Our differentiated approach through Dedicated Knowledge Banking teams, Indian Market
Expertise, World Class Banking solutions and Service Excellence, positions us favourably to
become the "Preferred HOST COUNTRY BANK for MNC

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Transaction Banking Group

The Transaction Banking Group at YES BANK is a core product group focused on
the"Financial Supply Chain Management" of corporates and broadly consists of three
specialized domains namely- Cash Management Services; Trade Finance & Services and
Capital Market Services. Cash Management Services offer value-added solutions for
Working Capital Management of the corporate aimed at streamlining the domestic business
flows by optimizing the payables and receivables cycles and providing superior liquidity
management options. The Trade Finance & Services is aimed at addressing the trade related
requirements, both on the domestic and international front, covering Import and Export
services and the underlying financing structures like Buyers & Supplier's Credit, Packing
Credit, Pre-Shipment and Post-Shipment Credit. The Capital Markets domain provides
'Bankers to Issue' services for IPO's Rights Issues and QIP's; Interest/Dividend Payouts and
Escrow Account Services. The Transaction Banking Group has successfully developed and
implemented unique & customized product propositions for specific industry verticals, at
times playing a pioneering role in the market.

Cash Management Services

In today's highly competitive marketplace, efficient management of working capital is

important for the well-being of a corporate. The two major aspects of a corporate's working
capital are Accounts Receivables and Accounts Payables. Our perfect blend of technology
and banking expertise helps us build efficiencies into our customer's business cycle through
our highly commended Receivables Management and Payables Management solutions.
Management of working capital is very essential for a corporate in order to achieve
sustainable business model. Working capital, the difference between a corporate’s current
assets and current liabilities, is required to support the day-to-day financial operations. Our
Cash Management Service aims to streamline the domestic supply chain business flows of
the corporate by optimizing the payments and collections cycle and by providing superior
liquidity management options.

At YES BANK, we provide structured and customized solutions to manage the operational,
administrative and regulatory activities of a corporate in a coordinated and efficient manner.
Our in-depth understanding of the business enables us to partner in the growth of our
customers.

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Benefits To Customers

It has been our constant endeavour to offer cutting-edge solutions thus benefiting our
customers on various fronts including:

 Enhanced Liquidity Liquidity for the corporate is enhanced by reduction in the Day
Sales Outstanding (DSO)
 Reduced Commercial/settlement risk Risk associated with the transactions are greatly
reduced by providing timely and accurate information
 Administrative Ease The load for the corporate administration is drastically brought
down by outsourcing of the payables and receivables processes.
 Improved returns Optimal returns on surplus funds are ensured by providing liquidity
and investment services.
 Superior Cash Projections Better reconciliation of accounts backed by customized MIS
is offered which leads to better cash flow projections

Capital Markets and Escrow Account Services for Small and Medium Enterprises

The Capital Markets & Escrow Account Services under the Transaction Banking product
suite caters to the specialized banking requirements of corporate with regard to Equity/Debt
mobilization, Dividend / Interest Payout Management and Cash/Collateral Escrow
Management.

This product domain with its advanced operational capabilities and customized straight
through technology platform ensures superior customer satisfaction in the underlying
transactions. This highly specialized team comprising of domain experts is instrumental in
ensuring faster turnaround times, seamless transaction execution, strong relationships with
capital market constituents and impeccable record of regulatory compliance. The special
services under the Capital Markets & Escrow Account Services domain include:

TRADE FINANCE & SERVICES

YES BANK, India’s fifth largest private sector Bank, is one of the leaders in providing
innovative and structured Trade Finance solutions aimed at streamlining your international
trade flows, reduce risks associated with cross border trade, improve cash flows and achieve
processing efficiencies.

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With investments in technology and experienced professionals, YES BANK has built
capabilities which are amongst the best in the industry. We strive to ensure that you receive
timely, informed Trade Advisory Services on foreign exchange markets and opportunities.

From Procurement to Realization – Addresses all requirements of your business

 YES BANK Savings AccountThe YES Savings Account has been designed with the
singular purpose of helping you to grow your savings
 YES BANK Smart Salary AccountYES BANK's Smart Salary Account is a power
packed zero balance Corporate Salary Account with unmatched features
 YES Smart Saver AccountThe YES Smart Saver enables you to earn the high returns
of Fixed Deposits as well as enjoy the liquidity of a Savings Account
 YES BANK's Fixed Deposits SchemesYES BANK Fixed Deposit Schemes offer you
greater security, higher returns and flexible deposits in order to provide you with greater
earnings and the convenience of maintaining your funds in accessible units.
 YES BANK's Senior Citizen ProgramAt YES BANK we understand that Senior
Citizens have specific financial needs. We therefore offer customized and flexible
banking solutions for Senior Citizens at preferential rates and personalized service.
 YES BANK - BAJAJ Allianz Jiyofit ProgrammeThe YES BANK - BAJAJ Allianz
Jiyofit Programme is a unique Health and Wellness Program designed for those who
value the importance of Healthy Living. This program looks to promote a proactive and
preventive approach towards improving one's health & fitness.

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 Wealth ManagementAt YES BANK, we enable you to grow your wealth at every stage
of life, by following a three-step Diagnosis-Prescription-Monitoring (DPM) process to
protect your wealth against life's uncertainties.

NetBanking

YES BANK offers state-of-the-art internet banking facilities that allow you to carry banking
transactions online using your personal computer conveniently and comfortably from your
home or office. Our range of services and features includes:

 Instant Registrationthrough Debit Card and PIN

 Enhanced security with Two Factor Authentication
 Access multiple NetBanking functions using ONE screen
 View account detailsfor Savings Account, Current Account, Fixed Deposit,Recurring
Deposit, Mutual Fund and Demat account
 Zero cost fund transferthrough NEFT & RTGS facility
 24 x 7 Money Transferthrough IMPS
 24 x 7 Real time bookingof Fixed Deposit and Recurring Deposit
 Sweep infacility for managing your funds efficiently
 Manage your aspirations through Goal Based Savings
 Online Bill payment for utilities like Electricity, Telephone, Subscription Payments
along with Charity and Donations
 Track your money performance through state-of-the-art MONEY
MONITOR facility
 Set up Standing instructionsfor transferring fixed amount at particular intervals

Healthcare Finance

YES BANK provides you comprehensive financial solutions to take care of your funding
requirements for Healthcare Equipments. We provide flexible, convenient loans for Doctors,
Hospitals, Diagnostic Centres, Nursing Homes, Trusts, Societies and limited Companies.
With loan amount ranging from Rs 2 lakh to Rs 15 crore and tenure from 1 year to 7 years,
we provide you complete solutions to take care of your financial needs while you provide
world quality healthcare services.

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Commercial Vehicle Loans

For success in business, financing is a prime factor. Trust YES BANK to offer you
customized loan products for the purchase of Commercial Vehicles.

Our range of offerings is set to suit all customer needs.

 Funding for trucks, buses, tippers, light and small commercial vehicles.
 Preferred financier status with all leading manufacturers
 Simple documentation processes
 Loans up to 90% of the chassis price
 Repayment tenure up to 48 months
 Quick turnaround time
 Flexible financing solutions to meet individual requirements

Healthcare Finance

YES BANK provides you comprehensive financial solutions to take care of your funding
requirements for Healthcare Equipments. We provide flexible, convenient loans for Doctors,
Hospitals, Diagnostic Centres, Nursing Homes, Trusts, Societies and limited Companies.
With loan amount ranging from Rs 2 lakh to Rs 15 crore and tenure from 1 year to 7 years,
we provide you complete solutions to take care of your financial needs while you provide
world quality healthcare services.

Trade Finance

The Trade Finance team – housed within the Transaction Banking Group at YES BANK is a
core Product Group catering to clientele across the gamut of business segments viz.
Wholesale, Commercial and Retail. Within the Trade Finance team we have dedicated Trade
Advisors addressing specific needs of clients in the MSME space, with specialization in
Trade Product Advisory & Offerings.

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 Trade Product Suite for MSMEs

Our innovative and structured solutions aim at providing you with a full package of tools, so
that you can gain better control of your international trade flows, reduce risks associated with
cross border trade, improve cash flows and achieve processing efficiencies. With investments
in technology and experienced professionals, YES Bank has built capabilities which are
amongst the best in the industry. At YES BANK, we strive to ensure that you receive timely,
informed advice on trade finance as well as foreign exchange markets and opportunities.

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PERFORMANCE ANALYSIS
 ROA Analysis
 Du Pont Analysis
 CAMEL Analysis
 KPI Analysis

Return on Assets Ratio – ROA

Return on assets (ROA) is an indicator of how profitable a company is relative to its total
assets. ROA gives a manager, investor, or analyst an idea as to how efficient a company's
management is at using its assets to generate earnings. Return on assets is displayed as a
percentage.

 Return on Assets (ROA) is an indicator of how well a company utilizes its assets, by
determining how profitable a company is relative to its total assets.
 ROA is best used when comparing similar companies or comparing a company to its
previous performance.
 ROA takes into account a company’s debt, unlike other metrics, such as Return on
Equity (ROE).

ROA is calculated by dividing a company’s net income by total assets. As a formula, it would
be expressed as:

Return on Assets= Net Income/Total asset

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 • Yes Bank's annualized Net Income for the quarter that ended in Mar.
2019 was $245.97 Mil.
• Yes Bank's average Total Assets over the quarter that ended in Mar.
2019 was $51,421.89 Mil. Therefore, Yes Bank's annualized return on assets (ROA)
for the quarter that ended in Mar. 2019 was 0.48%.

ROA %

=Net Income/Total Assets

=245.974686823/51421.8884055

=0.48%

Return on Equity
The following is the ROE equation:

ROE = Net Income / Shareholders’ Equity

ROE provides a simple metric for evaluating returns. By comparing a company’s ROE to the
industry’s average, something may be pinpointed about the company’s competitive
advantage. ROE may also provide insight into how the company management is using the
financing from equity to grow the business.

A sustainable and increasing ROE over time can mean a company is good at
generating shareholder value because it knows how to reinvest its earnings wisely, so as to
increase productivity and profits. In contrast, a declining ROE can mean that management is
making poor decisions on reinvesting capital in unproductive assets.

ROE Formula Drivers

While the simple return on equity formula is net income divided by shareholder’s equity, we
can break it down further into additional drivers. As you can see in the diagram below, the
return on equity formula is also a function of a firm’s return on assets (ROA) and the amount
of financial leverage it has. Both of these concepts will be discussed in more detail below.

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Three step model

• Net Margin %*Asset Turnover*Equity Multiplier=11.8%*0.0405*13.1372

• =ROA %*Equity Multiplier

=0.48 %*13.1372=6.28 %

Five step model

• ROE=Net Income attributable to Common Stockholders / (Total Stockholders

Equity / 2)+Total Stockholder Equity
• =245.974686823/3959.15280842+3869.27669648/
• =245.974686823/3914.21475245

=6.28 %

The DuPont Formula

The DuPont formula breaks down ROE into three key components, all of which are helpful
when thinking about a firm’s profitability. ROE is equal to the product of a firm’s net profit
margin, asset turnover, and financial leverage:

In simple words, it breaks down the ROE to analyze how corporate can increase the return
for their shareholders.
Return on Equity= Net Profit Margin x Asset Turnover Ratio x Financial Leverage
ROE = (Net Income / Sales) x (Sales / Total Assets) x (Total Assets / Total Equity)

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DUPONT ANALYSIS INTERPRETATION:
DuPont Analysis gives a broader view of the Return on Equity of the company. It highlights
the company’s strengths and pinpoints the area where there is a scope for improvement. Say
if the shareholders are dissatisfied with lower ROE, the company with the help of DuPont
Analysis formula can assess whether the lower ROE is due to low-profit margin, low asset
turnover or poor leverage.
Once the management of the company has found the weak area, it may take steps to correct
it. The lower ROE may not always be a concern for the company as it may also happen due to
normal business operations. For instance, the ROE may come down due to accelerated
depreciation in the initial years.
The DuPont equation can be further decomposed to have an even deeper insight where the
net profit margin is broken down into EBIT Margin, Tax Burden, and Interest Burden.
Return on Equity= EBIT Margin x Interest Burden x Tax Burden x Asset Turnover
Ratio x Financial Leverage
ROE = (EBIT / Sales) x (EBT / EBIT) x (Net Income / EBT) x (Sales / Total Assets) x
(Total Assets / Total Equity)

CAMEL ANALYSIS
"CAMELS" model as a tool is very effective, efficient and accurate to be used as a
performance evaluate in banking industries and to anticipate the future and relative risk.
"CAMELS" ratios are calculated in order to focus on financial performance. The CAMELS
stands for Capital adequacy, Asset quality, Management, Earning and Liquidity and
Sensitivity. In this study some important ratios are chosen and calculated to evaluate bank's
performance. Data which is used in this study isgathered from annual financial reports of an
Iranian bank. Then data is compared with other bank's ratios and reports. Certainly, the trends
of calculations and relevant figures show important points for managers and also, CAMELS
rating can be an efficient tool to manage and control and decide in management accounting
view.
Capital (C) The first variable group is the indicators of capital and relevant indicators those
present capital, the ratio of capital to assets and show organization strengths.

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Asset Quality (A) Asset quality ratios are one of the main risks that banks face. As loans
have the highest default risk,an increasing number of non-performing loans shows a
deterioration of asset quality.
Management Quality (M) As management is a qualitative issue, such as the ability for risk
taking, it is usually difficult to measure the quality of management. The management quality
of a bank can be measured by some important ratios those are used in CAMELS model.
Earning Ability (E) Earning is the most important performance measurement of banks. The
ratios of earning and relative financial ratios are calculated in this study.
Liquidity (L) Liquidity risk measures an institution’s ability to meet unanticipated funds that
are claimed by depositors. Liquidity ratios are expected to be both positively and negatively
related to the likelihood of failure those are set in model.
Sensitivity (S) Sensitivity ratios those are related to risk and covering power of organization
are defined and calculated to finalize bank's performance model because risk indicators is
very important and highlighted in CAMELS model. Banks can use this method to calculate
and discuss ratios and focus on some crisis and find best solution when there is competitive
problem and try to challenge and get a new and better position between the others.

CAPITAL ADEQUACY RATIO

Capital adequacy ratio is the ratio which safeguards banks against insolvency, protects banks
against surplus leverages, insolvency and keeps them out of difficulty. It is defined as the
ratio of banks capital in relation to its current liabilities and risk weighted assets. Risk
weighted assets is a measure of amount of banks assets, adjusted for risks. An appropriate
level of capital adequacy confirms that the bank has adequate capital to increase its business,
while at the same time its net worth is enough to absorb any financial slumps without
becoming insolvent. It is the ratio which determines banks capacity to meet the time
liabilities and other risks such as credit risk, market risk, operational risk etc. As per RBI
norms, Indian SCBs should have a CAR of 9% i.e., 1% more than stipulated Basel norms
while as per the latest RBI norms, public sector banks are emphasized to keep this ratio at
12%. It is arrived at by dividing the sum of Tier-I, Tier-II capital by aggregate of risk
weighted assets (RWA).

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CAR = TIRE1 CAPITAL+ TIRE 2 CAPITAL

YES BANK 2017 2018 2019

Tier 1 13.3% 13.2% 11.3%

Tier 2 3.7% 5.2% 5.2%

CAR 17.0% 18.4% 16.5%

20.00%
15.00%
2017
10.00%
2018
5.00% 2019
0.00%
Tier 1 Tier 2 CAR

RISK WEIGHTED ASSET

Tier-I capital includes equity capital and free reserves.
Tier-II capital comprises of subordinate debt of 5-7 years tenure, revaluation reserves, hybrid
debt capital instruments and undisclosed reserves and cumulative perpetual preference shares.

ASSET QUALITY RATIO

Asset Quality reflects the magnitude of credit risk prevailing in the bank due to its
composition and quality of loans, advances, investments and off- balance sheet activities. The
financial soundness of a bank is determined with the quality of assets that the bank possesses.
Asset quality defines the financial health of banks against loss of value in the assets, as asset
weakening, risks the solvency of the financial institutions especially banks. This declining

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value of the bank’s assets has a rippling effect, as losses are ultimately written-off against
capital, which eventually affects the earning capability of the bank. With this structure, the
asset quality is measured with respect to the level and robustness of nonperforming assets,
sufficiency of provisions, dispersal of assets etc. The primary dictum behind measuring the
assets quality is to establish the elements of Non-Performing Assets (NPAs) as a percentage
of the total assets. This clearly indicates the quality of advances that the bank has granted to
generate interest income. Thus, assets quality clearly specifies the type of the debtors that
banks have in their balance sheet.

The following ratios measure Asset Quality:

Net Non-Performing Assets (NPA) to Net Advances Ratio (NNPA’s/ ADV Ratio):
NNPA’s/ ADV Ratio = Net Non-Performing Assets / Net Advances.
Gross Non-Performing Assets (GNPA) to Net Advances Ratio (GNPA’s/ ADV Ratio):
GNPA’s/ ADV Ratio = Gross Non-Performing Assets / Net Advances.
Total Investment to Total Assets Ratio (Tot INV / Tot ASS Ratio):
Tot INV / Tot ASS Ratio = Total Investment / Total Assets.

BANK 2017 2018 2019

Yes bank 2.25% 2.41% 2.91%

4.00%

2.00%

0.00%
Yes bank
2017 2018 2019

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MANAGEMENT QUALITY RATIO
The Management Efficiency parameters signal the ability of the board of directors and senior
managers to identify, measure, monitor and control risks associates with the bank.
Management Efficiency is an important element of the CAMEL model. The management of
the bank takes crucial decisions depending on its risk perception. It sets vision and goals for
the organization and sees that it achieves them. This parameter is used to evaluate
management efficiency as to assign premium to better quality banks and discount poorly
managed ones. Management efficiency, another vital component of the CAMEL framework,
means management’s adherence to standards and policies, capability to plan and be
anticipatory, leadership, innovativeness and managerial aptitude of the top level management.
This qualitative measure, although has a streak of subjectivity, yet uses risk management
policies and processes as indicators of sound management practices.

BANK PROFIT PER TOTAL RETURN ON

EMPLOYEE DEPOSITS EQUITY
RATIO

Yes Bank 6.32% 73.32 14.82

8000.00%
6000.00% PROFIT PER
EMPLOYEE
4000.00%
2000.00%
TOTAL
0.00% DEPOSITS
Yes RATIO
Bank

EARNINGS
The quality of earnings is a vital parameter that determines the ability of a bank to earn
steadily, going into the future. The quality of earnings represents the sustainability and
growth in future earnings of the bank and the competency of the bank to sustain maintain this

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quality and earn steadily. It is an indicator of profitability of banks. The ultimate aim of a
bank is to increase its bottom line and bring profit to the stakeholders.
The parameter gains importance as a substantial part of a bank's income is earned through fee
based activities like investments, treasury operations, and corporate advisory services and so
on. The quality of earnings of the bank will also aid the bank in executing activities like
dividend payment, maintaining adequate level of capital, taking up growth and diversification
strategies and maintaining a competitive attitude.
However apart from the sources of earning, the following dimensions also decide
significantly the financial performance of the banks. i. trend, level, and constancy of earnings,
ii. quality and sources of earnings. iii. Capability to extend capital through retained earnings.
iv. exposure to market risks. v. provisions forcredit losses. Sound earnings performance
would stimulate the confidence of depositors, investors, creditors, and the public at large.

YES BANK 2017 2018 2019

Operating profit 2.23% 2.91% 3.10%

Net profit 19.33 20.27 20.87

Net interest 2.27% 2.65% 2.84%
margin

2500.00%
2000.00%
1500.00%
1000.00% 2017
500.00% 2018
0.00%
2019

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LIQUIDITY
Liquidity management in banks has assumed key prominence due to competitive force of
peer banks and the smooth flow of foreign capital in the domestic markets. Every bank
should ensure that it is able to maintain adequate level of liquidity to meet its financial
commitments in a timely manner. In order to fulfill the demands of the customers; the
creditors and the depositors, banks must maintain liquidity in their asset, as the influence of
liquidity crisis in banks can adversely impact their financial performance. Liquidity is an
important aspect for any organization dealing in money and banks rank ahead in the list of
institutions that deal with money and therefore have to maintain that apt balance between
profitability and liquidity. Incapability of banks to manage its short term liquidity liabilities
and loan commitments can undesirably impact the performance of banks by substantially
increasing its cost of funds. Liquidity in banks is managed by an effective mechanism called
the Asset and Liability Management. It reduces maturity mismatches between assets and
liabilities to optimize returns. The following ratios measure Liquidity:
Cash to Deposit Ratio (CD Ratio):
CD Ratio = Cash / Total Deposits
Interest Expended to Interest Earned Ratio (INT EXP/ INT EARN Ratio):
INT EXP/ INT EARN Ratio = Interest Expenditure / Interest Income
BANK 2017 2018 2019

Yes bank 7.90% 8.41% 9.10%

9.50%
9.00%
8.50%
8.00%
2017
7.50%
7.00% 2018
Yes 2019
bank

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KPI ANALYSIS
Key performance indicators (KPIs) refer to a set of quantifiable measurements used to gauge
a company’s overall long-term performance. KPIs specifically help determine a company's
strategic, financial, and operational achievements, especially compared to those of other
businesses within the same sector. Also referred to as key success indicators (KSIs), KPIs
vary between companies and between industries, depending on performance criteria.
Forexample, a software company striving to attain the fastest growth in its industry may
consider year-over-year (YOY) revenue growth, as its chief performance indicator.
Contrarily, a retail chain might place more value on same-store sales, as the best KPI metric
in which to gauge its growth.
KEY PERFORMANCE 2019 2018
INDICATORS
Tier 1(%) 13% 13%

Tier 2(%) 5% 4%

15%
10%
5% 2019
0% 2018
Tier Tier
1(%) 2(%)

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BALANCE SHEET FOR 2016-2018

Mar '18 Mar '17 Mar '16

12 mths 12 mths 12 mths
Capital and Liabilities:
Total Share Capital 460.59 456.49 420.53
Equity Share Capital 460.59 456.49 420.53
Reserves 25,297.69 21,597.57 13,366.07
Net Worth 25,758.28 22,054.06 13,786.60
Deposits 200,738.15 142,873.86 111,719.53
Borrowings 74,893.58 38,606.67 31,658.98
Total Debt 275,631.73 181,480.53 143,378.51
Other Liabilities & Provisions 11,055.60 11,525.33 8,098.30
Total Liabilities 312,445.61 215,059.92 165,263.41
Mar '18 Mar '17 Mar '16
12 mths 12 mths 12 mths
Assets
Cash & Balances with RBI 11,425.75 6,952.07 5,776.16
Balance with Banks, Money at Call 13,308.62 12,597.37 2,442.26
Advances 203,533.86 132,262.68 98,209.93
Investments 68,398.94 50,031.80 48,838.47
Gross Block 760.83 608.86 411.95
Net Block 760.83 608.86 411.95
Capital Work In Progress 71.56 74.67 58.77
Other Assets 14,946.04 12,532.46 9,525.88
Total Assets 312,445.60 215,059.91 165,263.42
Contingent Liabilities 583,765.20 380,954.16 332,798.07
Book Value (Rs) 111.85 483.13 327.84

CONCLUSION

This statement is made solely to the Management of YES BANK Limited in accordance with
the terms of our engagement and as per scope of assurance. Our work has been undertaken so
that we might state to YES BANK Limited those matters for which we have been engaged to
state in this statement and for no other purpose. To the fullest extent permitted by law, we do
not accept or assume responsibility to anyone other than YES BANK Limited for our work,
for this report, or for the conclusions expressed in this independent assurance statement. The
assurance engagement is based on the assumption that the data and information provided to
us is complete and true. We expressly disclaim any liability or co-responsibility for any
decision a person or entity would make based on this assurance statement.

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