Yes Bank Reports 355% Rise in Net Profit

The transcript discusses the bank's handling of legacy issues, the impact of COVID-19 on retail and MSN sectors, and the recovery of collection efficiencies. It highlights the bank's capital sufficiency and strategies to maintain asset quality amidst potential challenges. The focus shifts to growth strategies, emphasizing digital capabilities and plans for maintaining a credit deposit ratio around 100% for profitability.

What was the main reason for the spike in stress in the retail and MSME sectors during quarter one?

• A decrease in consumer demand

• The impact of the second wave of COVID-19

• Changes in government regulations

• A sudden increase in interest rates

How has the bank prepared to handle potential future impacts of COVID-19?

• By reducing the number of loans

• By increasing interest rates

• By closing branches

• By relying on recovery and resolution of existing assets

What has been the impact of the vaccination drive on the bank's outlook?

• It has increased the bank's interest rates

• It has reduced the bank's capital sufficiency

• It has improved the bank's confidence in asset quality

• It has led to a decrease in loan applications

What was the primary focus of the bank after addressing legacy issues?

• Closing unprofitable branches

• Reducing employee count

• Growth in liabilities and loans

• Increasing interest rates

What strategy did the bank use to address negative growth in the corporate sector?

• Reducing digital transactions

• Expanding branch network

• Debulking and distressing

• Increasing loan interest rates

What percentage of the market share in UPI transactions is routed through the bank?

• 30%

• 46%

• 60%

• 50%

What is the bank's target credit deposit ratio until March 2022?

• Below 90%

• Around 95%

• Around 100%

• Above 110%