Recoveries may top FY25 target of ₹5,000 cr

Yes Bank has been able to maintain a deposit growth higher than its credit growth. Do you expect this trend to continue?

- Aiming to expand its footprint across the country, Yes Bank plans to open 400 branches in the next five years. In an exclusive interaction, Prashant Kumar, managing director and CEO, tells Sachin Kumar about growth plans and the strategy to garner deposits at a time when the banking sector is struggling to raise low-cost funds.

I think the liability which we believe is like a raw material for banking. Our focus has been very clear that we need to continue to work on liabilities and the deposit growth has to be always higher than the loan growth. We have been maintaining it quarter after quarter. Going forward, we would continue to see that deposit growth stays higher than the credit growth.