·         Nationwide CSR initiative brings credit score awareness to every Indian

·         Launches four slice-of-life TVCs to make credit education accessible

·         Unveils dedicated microsite ScoreKyaHua.bank.in offering free credit score checks  

Bengaluru – November 25, 2025: From a young entrepreneur in Surat dreaming of expanding his business, to a Gen Z professional in Pune applying for her first credit card, to a couple in Lucknow planning to purchase their first home—millions of aspirations across Bharat depend on a three-digit number that most people rarely understand – their credit score. Recognizing this critical knowledge gap, YES BANK has launched ‘Score Kya Hua,’ a nationwide CSR initiative to empower Indians with credit literacy to unlock their financial potential.

At the heart of ‘Score Kya Hua’ is ScoreKyaHua.bank.in, a microsite powered by CRIF High Mark, as knowledge partner. It offers free credit score checks and easy-to-understand educational content designed for India’s diverse credit landscape. For first-time credit seekers, the microsite offers step-by-step guidance on building a credit profile. Similarly, for existing borrowers, whether applying for a personal loan, car loan, or home loan, the platform helps them understand how everyday financial behaviours impact their credit scores.

Commenting on this occasion, Mr. Prashant Kumar, Managing Director & CEO, YES BANK, said, “We believe that true financial inclusion goes beyond access to credit—it also requires the knowledge to manage it wisely. YES BANK, through its ‘Score Kya Hua’ CSR initiative, is driving a national movement to help every Indian understand what a credit score means and how to improve it. Our aim is to address the existing knowledge gap and expand the pool of creditworthy individuals by promoting responsible credit behaviour. We are trying to contribute towards building a financially confident Bharat by empowering people with the right knowledge and tools to shape their financial future.”

Mr. Sachin Seth, Chairman, CRIF High Mark, Regional Managing Director, CRIF India and South Asia said, “We are excited to join hands with YES BANK as the knowledge partner for ‘Score Kya Hua’ by providing CRIF Credit Score. At CRIF, promoting and nurturing credit awareness is central to our mission because understanding credit and its impact is key to building strong, lasting financial journeys in addition to driving financial inclusion for the economically weaker sections. We aim to share practical insights and tools that enable everyone to take charge of their credit journey with clarity and confidence.”

To demystify credit score, YES BANK has created four television commercials that embed financial education in everyday Indian scenarios. ‘Score Kya Hua’ represents YES BANK’s vision of an India where financial literacy is a fundamental right—where a young person in Jaipur has the same access to credit knowledge as someone in Mumbai.

The microsite features curated blogs, informational videos, myth-busters that address common misconceptions about credit scores, and an interactive credit simulator that lets users see how different financial decisions might impact their scores.

As India accelerates its journey toward financial inclusion, ‘Score Kya Hua’ stands as an open invitation for every citizen to understand the power of their credit score. Visit ScoreKyaHua.bank.in to get started.

Link of the microsite – https://www.scorekyahua.bank.in/

Ad Film Links:

1.      https://youtu.be/ehNMcyACUjs?si=VX7qMerPUNwrf6A2

2.      https://youtu.be/oCeBesGjFdg

3.      https://youtu.be/ZYpdD0TY0B0

4.      https://youtu.be/jcsewMobjhs

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Bengaluru, August 12, 2025 – YES BANK, India’s sixth-largest private sector bank, has reinforced its digital leadership in Q1 FY26, commanding 55.3% market share as a payee PSP in UPI and 33.3% share as a payer PSP. The Bank also tops the Aadhaar-enabled Payment System (AePS) with nearly 30% of transactions and a partner network of over 7.9 lakh outlets nationwide, alongside a 24% share in NEFT transactions.

With a digital-first approach, YES BANK integrates 1,500+ APIs for real-time operations and delivers 92% of individual savings accounts, 93% of current accounts, and 98% of credit cards digitally via its flagship IRIS and IRIS BIZ super apps.

Actively contributing to India’s Digital Public Infrastructure, YES BANK plays a key role in CBDC, OCEN, ONDC, and embedded finance, alongside customer initiatives like ‘Deliver the Bank’.

Mr. Ajay Rajan, Country Head – Transaction Banking Government, MNC & New Economy Business, IBU & Knowledge Units, YES BANK, said, “Financial inclusion for all and building resilience in Indian banking has been part of our larger vision. The scale our digital platforms have achieved are proof of this shift.  We are proud to participate and lead the digital transformation of Indian banking by combining innovation with digital infrastructure and tech tools, which enables financial access across the country.”

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·         Net Profit for Q1FY26 at INR 801 crore, up 59.4% YoY & 8.5% QoQ. Marks 7^th consecutive quarter of PAT improvement.

·         Q1FY26 Operating Profit at INR 1,358 crore, up 53.4% Y-o-Y and 3.3% Q-o-Q. Marks the 4^th straight consecutive quarter of Operating profit improvement

·         NIM for Q1FY26 flat QoQ at 2.5%. Up 10 bps Y-o-Y..

·         Non-Interest Income for Q1FY26 at INR 1,752 crore, up 46.1% Y-o-Y and 0.6% Q-o-Q

·         Total Deposit accretion (up 4.1% Y-o-Y) and improvement in CASA Ratio (up 200 bps Y-o-Y) to 32.8%.

·         Net Advances at INR 2,41,024 crore, up 5% Y-o-Y aided by  strong growth momentum in Commercial Banking and Micro Banking(at 19% & 11.2% Y-o-Y respectively).

·         Stable Asset Quality metrics: GNPA at 1.6%, NNPA at 0.3%, PCR improved to 80.2%.

Bengaluru, July 21, 2025: YES BANK, India’s sixth-largest private sector bank, has announced its Q1FY26 results, reporting a 59.4% YoY increase in net profit to INR 801 crore, alongside a 8.5% QoQ rise. The bank’s operating profit increased to INR 1358 crore, marking a 53.4% YoY and 3.3% QoQ improvement.

The Net Interest Income (NII) for Q1 FY26 was ₹2,371 crore, up 5.7% YoY and 4.2% QoQ. The Net Interest Margin (NIM) for the quarter saw an upward trend, reaching 2.5%. Non-Interest Income for Q1FY26 registered a robust growth of 46.1% YoY and 0.7% QoQ to ₹1,752 crore.

Operating Profit for Q1 FY26 increased significantly by 53.6% YoY and 3.3% QoQ to ₹1,358 crore. The Bank successfully reduced its Cost-to-income Ratio sequentially for the fifth consecutive quarter, reaching 67.1% in Q1FY26 from 67.3% in Q4FY25.

The Return on Assets (RoA) for Q1 FY26 improved to 0.8%, up from 0.7% in Q4 FY24.

The balance sheet continued to show positive momentum. Total Deposits grew by 4.1% YoY to ₹2,75,843 crore. The CASA ratio witnessed a significant improvement, rising by 200 bps QoQ to 32.8%. Net Advances registered a growth of 5% YoY to ₹2,41,024 crore, primarily driven by strong growth in the commercial banking and microbanking segments.

Commenting on the results and financial performance, Mr. Prashant Kumar, Managing Director & CEO, YES BANK said, “The Bank entered the new financial year on a strong footing and delivered a robust performance with net profit rising to INR 801 crs, marking a 59.4% YoY growth. Key metrics such as RoA (0.8%), PPoP (INR1,358 crs), and NIM (2.5%) showed notable improvement. Asset quality remained stable, CASA witnessed healthy growth, and CET1 strengthened to 14.0%.  The bank also received Credit rating upgrades from Moody’s, ICRA, and CARE which underscored its solid fundamentals and accelerating growth momentum. “

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Mumbai, 17^th January 2025 – Rosmerta Technologies, a leader in mobility solutions, has secured a tender worth INR 400 crore to set up 21 Automated Testing Stations (ATS) across Maharashtra, solidifying its position as a pioneer in road safety innovations. This landmark project aligns with the Government of India’s commitment to ensuring road safety through technology-driven solutions.  The tender entails that these stations will come up in the state over the next five years.

India’s vehicular population has grown significantly, reaching 354 million by 2022, according to MoRTH. In 2023-24 alone, 28.4 million vehicles were produced, contributing 6.8% to India’s GDP and 40% to manufacturing GDP. Despite this growth, India also reports 1.5–1.6 lakh annual road fatalities, highlighting the urgent need for enhanced vehicular safety measures. In response, the government introduced Chapter XI in the Central Motor Vehicle Rules (CMVR) to mandate the establishment of ATS nationwide, requiring significant investments to standardize and automate roadworthiness testing.

Rosmerta’s scope of work under this tender includes constructing and operating the ATS centers to provide efficient, reliable, and automated testing for public service vehicles. This builds upon Rosmerta’s successful implementation and ongoing operation of 10 pilot I&C centers initiated by MoRTH. Rosmerta also executed three centers in Karnataka and has tested over half a million vehicles nationwide. The Maharashtra project represents a significant step forward, with plans to operationalize all 21 centers within a year under the supervision of the State Transport Department.

Mr. Kartick Nagpal, President of Rosmerta Technologies, commented, “At Rosmerta, we view safety as the foundation of sustainable mobility. Winning this tender is a significant step toward realizing our vision of a safer transportation network across India. By leveraging cutting-edge technology in Automated Testing Stations, we aim to provide vehicle owners and operators with the assurance of compliance, while helping the nation tackle the pressing challenge of road safety with greater efficiency and accountability.”

This initiative highlights the necessity of government-led financial assistance, akin to the PLI scheme, to expedite the nationwide rollout of ATS infrastructure. It also underscores the importance of a standardized model across states to ensure the authenticity and reliability of testing processes, preventing fraudulent practices seen in some manual systems.

As Maharashtra leads the way with an organized approach to ATS deployment, Rosmerta continues to champion technology-driven solutions for safer, smarter roads. This project is a testament to the company’s enduring partnership with the government and its unwavering focus on building a sustainable and secure future for India’s transportation sector.

In addition to the ATS rollout, Rosmerta will showcase a live demo of the automated testing station at the Bharat Mobility Exhibition from January 17-22, 2025, offering a glimpse into the future of technology-enabled road safety initiatives.

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India’s startup ecosystem is thriving, with over 1.5 lakh Department for Promotion of Industry and Internal Trade (DPIIT) registered startups and more than 100 unicorns. Fintech, a key pillar of this growth, is redefining access to financial services and enabling small businesses to thrive. With this accelerator, YES BANK reinforces its role as a catalyst for innovation and collaboration in this dynamic sector.

Key Features of the Frictionless Finance Accelerator, include :

1. Support System for Startups: Startups gain access to expertise from RBIH, academic resources from SPJIMR, and YES BANK’s industry knowledge.
2. Focus on Emerging Technologies: The programme supports solutions in digital lending, AI-powered risk management, blockchain-based payments, and financial inclusion.
3. Regulatory and Business Guidance: Platforms like YES Connect provide startups with tools to navigate regulatory frameworks, optimise business models, and leverage digital infrastructure.
4. Collaborative Ecosystem: The programme builds partnerships between fintechs, industry leaders, and regulators to foster growth and innovation.

Mr. Prashant Kumar, Managing Director & CEO, YES BANK, said, “India has emerged as the third-largest startup ecosystem globally, and fintech startups are at the forefront of this transformation. The world is changing fast, and the future is one of interconnectedness, powered by technologies that once seemed impossible. At YES BANK, we are committed to supporting this growth through initiatives like the Frictionless Finance Accelerator, which helps startups address real-world challenges and build scalable solutions.”

YES BANK’s Role in Driving Innovation

YES BANK has consistently supported startups, especially in fintech, through initiatives like YES HeadStartup and digital platforms such as IRIS Biz, YES Connect, and SmartFin. These solutions simplify operations, enabling startups to focus on innovation.

The Bank’s partnerships, such as the recent collaboration with Vegapay to launch Credit Line on UPI, highlight its emphasis on co-creating financial solutions tailored to startups’ needs. Similarly, its association with SPJIMR’s Wise Tech School of Innovation provides startups with mentorship, funding access, and resources to scale efficiently.

“Our focus is on creating a robust ecosystem where startups can thrive. We don’t just offer products or platforms; we offer partnerships that drive real impact,” Mr. Kumar added.

Dr. Varun Nagaraj, Dean, S.P. Jain Institute of Management and Research, emphasised the value of collaboration for responsible innovation, stating, “We appreciate the support provided by RBIH and YES BANK to launch the first Frictionless Finance Accelerator. At SPJIMR, through our WISE Tech initiative, we champion responsible innovation that blends cutting-edge technology with inclusivity and ethics. This partnership will enable start-ups to address challenges, redefine financial accessibility, and contribute to India’s growth. Together, we are shaping a seamless and secure financial culture.”

Mr. Rajesh Bansal, CEO, Reserve Bank Innovation Hub, shared his vision and stated, “Our mission of enabling ‘Frictionless Finance for a Billion Indians’ is deeply rooted in fostering innovation and entrepreneurship. This accelerator programme is a testament to our commitment to empowering entrepreneurs by providing access to world-class mentorship, facilitating connections with banks, and enabling them to create pathways for transformative growth that will shape the future of India’s financial ecosystem.”

The Programme’s launch coincides with a time of tremendous opportunity and transformation. With global venture capital investments in 2024 soaring to $314 billion and the global digital economy expected to exceed $20 trillion by 2030, fintech start-ups are poised to play a pivotal role in shaping the future of finance. The Frictionless Finance Accelerator is a movement that symbolises the transformative power of partnerships, bold vision, and relentless action.

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Bengaluru, December 13, 2024: YES BANK, India’s sixth-largest private sector bank, announced the launch of YES Business, an initiative to sharpen its focus on the business segment and address their needs. YES Business is designed to bring banking and related services for MSMEs under one roof. YES Business is inspired by the way an entrepreneur cares for a growing business which is similar to raising a child, with steady effort, close attention, and genuine commitment. This business segment offers a single point access to a wide range of tools and resources that help MSMEs in managing their day-to-day operations and achieving long-term growth.

Central to this launch is the IRIS Biz by YES BANK (IRIS Biz), a digital interface that provides a wide range of integrated solutions to both simplify and strengthen business operations. By combining core banking services with additional resources beyond traditional banking, IRIS Biz enables entrepreneurs and business owners to handle multiple aspects of their enterprise using a single platform.

Key Features of IRIS Biz app :

• Simple, Digital Onboarding: Fully digital current account setup with Video KYC, reducing paperwork and shortening the time to get started.
• Integrated Account Management: A unified view that allows business owners to manage both personal and business accounts together, streamlining the way they track financial health.
• Access to Beyond-Banking Services: In-app support for accounting, taxation, payroll, and global trade finance, ensuring that critical operational tasks are easier to handle and do not require multiple external platforms.
• Merchant Solutions for Faster Transactions: Innovative offerings such as Merchant EASY and Merchant PRIME, which provide resources like soundboxes for payment confirmations, same-day settlement of funds, and extended cash deposit limits, helping merchants and traders manage transactions efficiently.
• Quick Access to Funds: Collateral-free overdrafts of up to ₹ 25 lakh available through the app, ensuring timely access to working capital.

Mr. Prashant Kumar, Managing Director & Chief Executive Officer, YES BANK, said, “At YES BANK, we have always strived to redefine banking by aligning with the aspirations and challenges of businesses across India. The MSME segment in India employs the largest workforce and is the backbone of our economy. The IRIS Biz app offers a unified, tech-enabled, and customer-first solution to empower business growth. This new-age app is more than just a banking platform; it is a comprehensive business partner that goes beyond banking to cater to every need of our clients. I am confident that IRIS Biz with its 100+ features will address every entrepreneurial need, by being a catalyst in driving their success and contributing to India’s economic progress.” 

This launch builds on YES BANK’s strong record in serving the MSME sector. In the first half of FY25, the Bank disbursed ₹15,279 crore in loans to MSMEs, while the SME advances grew by 25.8% year-on-year. Mid-corporate advances rose by 25.5%, reflecting the Bank’s commitment to meeting the varied needs of businesses large and small. With YES Business, the Bank continues to focus on entrepreneurs, and offer effective, easy-to-use solutions that help them remain competitive and adapt to the changing market conditions.

The launch of YES Business powered by IRIS Biz app reiterates YES BANK’s dedication to delivering innovative, tech-enabled solutions that go beyond banking. By addressing the evolving needs of MSMEs and businesses, the Bank aims to create value and drive economic progress across the country.

Explore the transformative features of YES Business and IRIS biz by YES BANK. Watch our launch campaign here to see how we are empowering MSMEs to thrive.

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Bengaluru, September 18, 2024: YES BANK, the sixth-largest private sector bank in India and a prominent leader in MSME banking, is playing a critical role in driving the growth and innovation of South India’s Micro, Small, and Medium Enterprises (MSME) sector. The region’s MSMEs, particularly in states like Tamil Nadu, Karnataka, and Kerala, are at the forefront of India’s economic push towards its $5 trillion economy target, contributing significantly to national GDP. Tamil Nadu alone has over 21.74 lakh MSMEs, while Bengaluru in Karnataka continues to be a global hub for tech-driven businesses and Kerala’s MSMEs thrive in service and manufacturing sectors. The MSME sector in Peninsular India is expected to grow at a CAGR exceeding 8.5% by 2030, highlighting its potential​

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Bengaluru, 19^th August 2024 – YES BANK, India’s leading private sector bank, has once again cemented its position in the digital payments landscape by gaining the top spot in UPI payments. With a commanding market share of approximately 53.3% and an impeccable success rate of nearly 99.8%, YES BANK continues to be the top choice for millions of customers and merchants across the country. It processes ~1 in 3 digital payment transaction in India.

The Bank’s firm commitment to technological innovation and its robust API stack have been instrumental in driving this remarkable success. The bank’s Digital Lending Platform (DLP) 2.0 has made it easier than ever for small businesses to access finance. The scale that the Bank has achieved in the first quarter of FY2025 results in faster, safer and more convenient transactions for customers and merchants. Whether it is for online shopping, paying bills, or sending money to friends and family, YES BANK’s UPI platform ensures that the money is in safe hands.

To increase the accessibility, the Bank has introduced several innovative solutions that enhance its digital payment ecosystem. It launched the YES Pay Next mobile banking application, which is an advanced UPI payment solution that offers efficient transaction management by its user-friendly features, enhanced security protocols, and seamless payment solutions.

Additionally, the Bank introduced industry’s first concept of UPI payments via RuPay Credit Cards, which allows customers to make UPI transactions using their credit cards. Since the launch, YES BANK has issued over 4 lakh UPI enabled credit cards and continues to ride this opportunity. Furthermore, UPI interoperability has been implemented on the RBI’s CBDC app, making YES BANK one of the first Indian banks to integrate UPI with this application. These initiatives highlight the Bank’s commitment to driving digital transformation and providing top-notch digital banking solutions.

YES BANK’s commitment to providing top-notch digital banking solutions is evident in every transaction. The bank continues to raise the bar for the industry and is dedicated to serving the evolving needs of its customers.

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It said Banks’ asset quality will deteriorate across the corporate, small and medium enterprises and retail segments, leading to pressure on profitability and capital.

“We have changed the outlook for the Indian banking system to negative from stable. Disruptions to economic activity from the coronavirus outbreak will exacerbate a slowdown in India’s economic growth,” Moody’s said.

Stating that asset quality will deteriorate, Moody’s said a sharp decline in economic activity and a rise in unemployment will lead to a deterioration of household and corporate finances, which in turn will result in increases in delinquencies.

Growing solvency stress among non-bank financial institutions will increase risks to banks’ asset quality because banks have large exposures to the sector,” it added.

It expects deteriorating profitability and loan growth to hurt capitalisation.

“Increases in loan loss charges and declines in revenue will hurt banks’ profitability, which will lead to a deterioration of capitalization. If the government makes more capital infusions into PSBs, as it has in the past few years, it will mitigate capital pressure for them,” it added.

It said while funding and liquidity at public sector banks (PSBs) will be stable, growing risk aversion in the system following a default by a private sector bank (Yes Bank) will increase funding and liquidity pressure on small private sector lenders.

“Disruptions from the coronavirus outbreak will exacerbate India’s economic slowdown. A deterioration of global economic conditions and a 21-day lockdown imposed by the Indian government in an effort to slow the spread of coronavirus will weigh on domestic demand and private investment,” Moody’s added.

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“You will also be able to access all our digital services & platforms,” Yes Bank said on Monday.

Yes Bank customers had been facing a tough time in accessing internet banking, using payment via UPI and withdrawing from ATMs after the RBI’s sudden announcement to curb withdrawals led to a scramble to withdraw money.

Earlier this month, the RBI placed Yes Bank under a moratorium till April 3 following deterioration in the bank’s financial position, and took control of its board. The central bank restricted withdrawals from Yes Bank accounts at Rs 50,000 with few exceptions.

On Friday, the Union Cabinet approved a reconstruction scheme for Yes Bank, as proposed by the RBI.

As part of the RBI-backed rescue plan for the troubled private sector lender, SBI will pick up to 49 per cent in Yes Bank. Yes Bank’s authorised share capital will be revised upwards from Rs 1,100 crore to Rs 6,200 crore.

Besides SBI, several banks and financial institutions including ICICI Bank, Axis Bank and HDFC have committed to pick stakes in Yes Bank.

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