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Should One Invest in Yes Bank?

The Indian banking system is set to become the fourth most extensive system in the world over the course of the next decade. As a result, we are quite likely to see private sector banks forming a significant chunk of this system. The Yes Bank is one of the fastest growing banks in the private sector and just 15 years since its formation; it has become the fourth largest private bank in the country. The bank's vision and mission are helping it gain a tremendous amount of momentum regarding investments and popularity.

The bank is geared towards sustainable development and green energy, as evident from the release of green infrastructure bonds. As mentioned earlier, Yes Bank is highly customer-centric in contrast to favoring big industrial companies. Yes Bank has also been recognized for its efforts by several reputed organizations in the world.

Financially speaking, the financial institution has been reporting profits like clockwork. The CASA ratio is improving by the quarter, and its balance sheet has already crossed Rs.2.5 lakh crore. Furthermore, the management's focus is to control the asset quality, and by the looks of it, it has done a remarkable job. Gross NPA count for the third quarter FY18 is just 1.72%, in contrast to the 10.35% reported by the State Bank of India for the same term.

The stock price of Yes Bank over the course of the last five years has increased by thrice as much. While investing now may seem like a good idea, many experts believe that the stock will price correct further, thus leading to a more favorable point of entry. Alternately, one can also look at mutual funds which have Yes Bank holdings. To surmise, if you are looking to invest in the Indian banking sector, Yes Bank is among the top choices.

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