YES Bank Opens Marginally Lower Monday; RBI Fines Mumbai Lender

Mumbai, May 11: YES Bank shares opened marginally lower on Monday. YES Bank share price is currently trading at ₹22.92 as per the last traded price, down ₹0.02 or 0.09% from its previous closing price at ₹22.94. Amid weak Asian cues the stock opened at ₹22.61 and hit an intraday high of ₹23.09 before declining. The banking stock touched a low of ₹22.47 during today’s trading session.

Weekly Trend

Week-on-week, YES Bank shares have moved between ₹22.40 and ₹23.20 over the last seven trading sessions. The stock has found supports at ₹22.50 multiple times attracting buyers near these levels. Trading volumes have trended sideways for YES Bank as both bulls and bears seem to be taking a breather for now. On a technical level, we need to see a break and close above ₹23.20 for the stock to pick up momentum.

RBI Penalty

The RBI on Monday imposed a monetary penalty of ₹31.80 lakh on Yes Bank for “non-compliance with the directions to put in place a system for utilisation of the KYC Identifier” allotted by the Central KYC Records Registry (“CKYCR”) while opening account-based relationships with its customers. This penalty was imposed “on the basis of supervisory observations noted in the Inspection conducted with reference to the stand-alone financial position of the Bank as on March 31, 2025”.

The RBI clarified that the action was based on regulatory compliance deficiencies and does not affect the validity of any transactions or agreements the bank has entered into with its customers. While the penalty amount is not material to the bank’s finances, it does add a minor reputational overhang for the lender.

Strong Q4 Results

On a more positive note, YES Bank on May 7 delivered an impressive set of numbers for Q4 FY26, with consolidated net profit surging 45.3% year-on-year to ₹1,082 crore, compared to ₹744.53 crore in the same quarter last year. Net Interest Income grew a healthy 15.9% year-on-year to ₹2,632.57 crore, while operating profit before provisions jumped 23.7% to ₹1,637.04 crore. Asset quality showed remarkable improvement, with the Gross NPA ratio declining to 1.3% and the Net NPA ratio hitting a record low of 0.2%. With Return on Assets improving to 1.0% and a robust Capital Adequacy Ratio of 15.4%, YES Bank appears firmly on the path to sustained recovery.

Sources:

• https://www.nseindia.com/get-quote/equity/YESBANK/Yes-Bank-Limited
• https://www.newsonair.gov.in/rbi-imposes-monetary-penalties-on-hinduja-housing-finance-ltd-yes-bank-ltd-for-kyc-and-governance-non-compliance/
• https://hdfcsky.com/news/yes-bank-shares-up-nearly-2-percent-in-after-outperforming-banking-index-last-week