India's Yes Bank falls; brokerages maintain 'sell' on retail stress, 'anemic' credit growth

Yes Bank

19/01/2026 05:45

** Shares of Indian lender Yes Bank YESB.NS fall 2.47% to 22.88 rupees

** Co reported 55% increase in Q3 profit, helped by a 91% reduction in provisions

** However, brokerages Emkay Securities, Anand Rathi and Citi maintain "sell" on stock

** Anand Rathi says retail stress persists and return on equity remains sub-par, with profit uptick driven largely by provision reduction

** Emkay Securities flags sub-par growth, weak returns profile and elevated valuations, saying credit growth remains "anemic"

** Citi notes efforts to reconstruct non-performing assets and expansion of net interest margin - monitoring Supreme Court hearing on AT-1 bonds case

** Stock on avg rated "sell" by 11 analysts; median PT 18 rupees - LSEG data

** YESB was up 10.2% in 2025

 (Reporting by Abhirami G in Bengaluru)

 ((abhirami.g@thomsonreuters.com))