Similar to other banks, Yes Bank also improved asset quality. Gross NPAs came down from 15.6 percent in the first quarter of FY2022 to 13.4% in the same quarter this fiscal year. NPAs saw a decline from 5.8% in Q1FY22 to 4.2% in Q1 FY23.
The bank also reported a 17% year on year growth in the total balance sheet.