# YESBANK (YESBANK) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/yesbank

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹23.18
- Change: +0.22%
- As of: 2026-09-18
- 1D return: -1.77%
- 5D return: +1.88%
- 1M return: -0.09%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, YESBANK is trading at ₹22.72, with a daily technical stance suggesting a consolidation phase within a broader bullish trend. The daily timeframe shows mixed signals, with the price above the Supertrend, SMA 200, and SMA 20, but below the EMA 20, EMA 50, and SMA 50. This indicates short-term pressure while longer-term averages suggest underlying support. The weekly and monthly timeframes are more aligned, showing bullish trends with the price above key moving averages and the Supertrend, indicating sustained upward momentum over longer periods.

Nearest support is observed around ₹22.67, approximately 0.22% below the current price, with further support at ₹22.61. Overhead resistance is noted at ₹22.90, about 0.79% higher, followed by ₹22.99. The stock has experienced recent anomalies, including an "EXTREME" volume with price move on September 16, 2026, and an "EXTREME" volume with price move on September 11, 2026, suggesting periods of heightened activity. The stock's current setup carries a risk profile with an annualized volatility of 30% and a current drawdown of -11%.

- Nearest support level at ₹22.67.
- Nearest resistance level at ₹22.90.
- Daily timeframe shows mixed signals, while weekly and monthly timeframes indicate a bullish trend.
- Watch for a sustained move above ₹22.90 to strengthen the bullish outlook.
- Monitor for a break below ₹22.67 as a potential weakening signal.

- Outside Bar
- Doji
- Shooting Star
- Harami
- Inside Bar
- Bullish Engulfing Reversal

### News Context

On September 17, 2026, news emerged regarding the potential financial impact of a 0.4% Merchant Discount Rate (MDR) on UPI payments exceeding ₹2,000. This development is projected to generate approximately ₹20,000 crore in profits for banks, with an estimated 60% share benefiting them directly. While this indicates a potential upside for the banking sector, Yes Bank, along with other major banks like HDFC Bank and ICICI Bank, experienced selling pressure on September 17, 2026, causing the Nifty Bank index to falter after an initial rise. Yes Bank faced this pressure near resistance levels, contributing to its status as a laggard in the index that day.

- On September 17, 2026, reports indicated that a 0.4% MDR on UPI payments above ₹2,000 could generate ₹20,000 crore in profits, with banks potentially receiving 60% of this amount.
- On September 17, 2026, Yes Bank was identified as a laggard in the Nifty Bank index, experiencing selling pressure near resistance levels.
- The Nifty Bank index failed to hold early gains on September 17, 2026, with HDFC Bank, Yes Bank, and ICICI Bank among the top decliners.

- MDR on UPI to Generate Rs 20000 Crore Profit With Banks Pocketing 60% Share
- India’s banks are hidden winners from new $2.8 billion digital payment fee pool
- Nifty Bank fails to hold ground after US Fed rate hike; HDFC, Yes Bank, ICICI among top laggards; Will they turn tide?
- Chinese Telegram Ring, Bank Insider & Rs 12.84 Crore: How Delhi Police's IFSO Unit Busted Mega Corporate Cyber Fraud
- In graphs | Why private banks and foreign UPI apps stand to gain from the MDR charge

### What Changed

Recent news highlights potential profit generation for banks from a new fee structure on UPI payments. Specifically, a 0.4% MDR on UPI transactions exceeding ₹2,000 is expected to create a ₹20,000 crore profit pool, with banks anticipated to receive 60% of this amount. This development positions Indian banks as beneficiaries of the expanding digital payment ecosystem. In terms of price action, Yes Bank's stock closed at ₹22.72 on September 18, 2026, a decrease from its previous closing price of ₹23.13. The daily and weekly trends were not specified in the provided data.

- News on September 18, 2026, indicates a potential profit pool of ₹20,000 crore for banks from UPI transaction fees.
- Banks are expected to capture 60% of the revenue from a new 0.4% MDR on UPI payments above ₹2,000.
- Yes Bank's stock closed at ₹22.72 on September 18, 2026.
- The stock's closing price on the preceding day was ₹23.13.

- MDR on UPI to Generate Rs 20000 Crore Profit With Banks Pocketing 60% Share
- India’s banks are hidden winners from new $2.8 billion digital payment fee pool

### Official Filings

YES Bank Limited has disclosed several updates concerning its leadership and investor relations. On September 16, 2026, the bank announced the appointment of Mr. Harish Sehgal as Interim Chief Vigilance Officer, effective the same date. This follows the resignation of Mr. Binu Soman from the same role, effective September 15, 2026. The bank also informed the exchange about a change in Directors/KMP/SMP/Auditor/RTA on September 17, 2026, and separately on September 16, 2026, though specific details of these changes were not provided in the summary. In parallel, YES Bank is scheduled to participate in investor engagement activities, including an Analyst/Investor Meet on September 17, 2026, and the Citi India Financials Investor Forum on September 16, 2026. Additionally, on September 9, 2026, the bank reported the allotment of equity shares following the exercise of stock options under its ESOS 2020 Scheme and RSU Plan 2024, and a separate allotment of securities related to capital alteration and fundraising.

- Appointment of Mr. Harish Sehgal as Interim Chief Vigilance Officer, effective September 16, 2026.
- Resignation of Mr. Binu Soman as Chief Vigilance Officer, effective September 15, 2026.
- Scheduled participation in investor meetings, including the Citi India Financials Investor Forum on September 16, 2026, and an Analyst/Investor Meet on September 17, 2026.
- Disclosure of equity share allotment pursuant to stock option exercises on September 9, 2026.
- Disclosure of securities allotment related to capital alteration and fundraising on September 9, 2026.

- YES Bank Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- YES Bank Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Yes Bank Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
- YES Bank Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Yes Bank Limited has informed the Exchange about Schedule of Analyst/ Institutional Investors Meet(s) / Call(s) / VC(s) - Advance Intimation - Citi India Financials Investor Forum |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- YES Bank Limited has informed the Exchange regarding Appointment of Mr Harish Sehgal as Interim Chief Vigilance Officer of the Bank w.e.f. September 16, 2026. |SUBJECT: Appointment
- Yes Bank Limited has informed the Exchange regarding Resignation of Mr Binu Soman as Chief Vigilance Officer of the company w.e.f. September 15, 2026. |SUBJECT: Resignation
- YES BANK LIMITED has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL
- Yes Bank Limited has informed the Exchange regarding Intimation of allotment of equity shares pursuant to exercise of stock options under YBL ESOS 2020 Scheme and YBL RSU Plan 2024 |SUBJECT: ESOP/ESOS/ESPS
- YES Bank Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL

### Fundamentals

Yes Bank's reported income shows a consistent upward trend across the observed periods. Total income increased from ₹9,272.31 crore in Q3 FY2025-26 to ₹9,924.99 crore in Q1 FY2026-27. This growth was driven by both interest earned and other income. Interest earned rose from ₹7,552.81 crore in Q3 FY2025-26 to ₹8,054.49 crore in Q1 FY2026-27, while other income also saw an increase from ₹1,719.50 crore to ₹1,870.50 crore over the same comparative periods. Operating expenses, however, also increased, rising from ₹2,939.20 crore in Q3 FY2025-26 to ₹2,950.45 crore in Q1 FY2026-27. Within operating expenses, employees cost fluctuated, decreasing from ₹1,219.93 crore in Q3 FY2025-26 to ₹1,079.14 crore in Q4 FY2025-26 before rising again to ₹1,181.33 crore in Q1 FY2026-27. Other operating expenses showed a steady increase from ₹1,719.27 crore in Q3 FY2025-26 to ₹1,769.12 crore in Q1 FY2026-27. The net effect of these movements on profitability would depend on the specific profit metrics reported, which are not detailed in the provided data.

- Total income for Yes Bank increased sequentially from ₹9,272.31 crore in Q3 FY2025-26 to ₹9,924.99 crore in Q1 FY2026-27.
- Interest earned grew from ₹7,552.81 crore in Q3 FY2025-26 to ₹8,054.49 crore in Q1 FY2026-27.
- Other income rose from ₹1,719.50 crore in Q3 FY2025-26 to ₹1,870.50 crore in Q1 FY2026-27.
- Operating expenses were ₹2,939.20 crore in Q3 FY2025-26 and ₹2,950.45 crore in Q1 FY2026-27.
- Employees cost was ₹1,219.93 crore in Q3 FY2025-26, ₹1,079.14 crore in Q4 FY2025-26, and ₹1,181.33 crore in Q1 FY2026-27.

### Bull Case

The company's technical indicators show a generally constructive setup across multiple timeframes. Daily, weekly, and monthly trends are all indicated as bullish by the Supertrend indicator. On a daily basis, the ADX (Average Directional Index) at 20.03 suggests a consolidating market, while the positive difference between the Plus DI (24.99) and Minus DI (15.8) indicates a slight upward momentum. Weekly indicators also show a bullish Supertrend direction, with the ADX at 20.75 and a positive Plus DI (24.16) over Minus DI (16.42). The monthly trend analysis further supports this, with a bullish Supertrend direction and an ADX of 47.99, which can indicate a strong trend, though it also suggests higher volatility. The stock's recent performance shows a 1-year return of 0.08 and a year-to-date return of 0.06, with a positive return of 0.20 over the last 6 months.

- Daily, weekly, and monthly Supertrend indicators are all showing a bullish direction as of 2026-09-18.
- The 1-year return was 0.08 and the year-to-date return was 0.06.
- The stock experienced a 0.20 return over the last 6 months.
- On a monthly basis, the ADX is 47.99, indicating a strong trend.

- MDR on UPI to Generate Rs 20000 Crore Profit With Banks Pocketing 60% Share
- India’s banks are hidden winners from new $2.8 billion digital payment fee pool
- Nifty Bank fails to hold ground after US Fed rate hike; HDFC, Yes Bank, ICICI among top laggards; Will they turn tide?
- Chinese Telegram Ring, Bank Insider & Rs 12.84 Crore: How Delhi Police's IFSO Unit Busted Mega Corporate Cyber Fraud
- In graphs | Why private banks and foreign UPI apps stand to gain from the MDR charge

### Bear Case

Yes Bank's share price experienced selling pressure near resistance levels, as indicated by market commentary. Technical indicators show the stock trading close to its 20-day exponential moving average (EMA) of ₹22.76 and its 50-day simple moving average (SMA) of ₹22.86, with the 50-day SMA showing a slight downward slope. The stock has also experienced a recent drawdown of -0.11 and a maximum drawdown of -0.28, alongside annualized volatility of 0.3. Over the last three months, the stock has seen a return of -0.11.

- The stock faced selling pressure near resistance levels on the NSE.
- The 50-day SMA is ₹22.86 and shows a slight downward slope.
- The company has experienced a current drawdown of -0.11 and a maximum drawdown of -0.28.
- The stock's return over the past three months was -0.11.

- MDR on UPI to Generate Rs 20000 Crore Profit With Banks Pocketing 60% Share
- India’s banks are hidden winners from new $2.8 billion digital payment fee pool
- Nifty Bank fails to hold ground after US Fed rate hike; HDFC, Yes Bank, ICICI among top laggards; Will they turn tide?
- Chinese Telegram Ring, Bank Insider & Rs 12.84 Crore: How Delhi Police's IFSO Unit Busted Mega Corporate Cyber Fraud
- In graphs | Why private banks and foreign UPI apps stand to gain from the MDR charge

### FAQs

**What recent corporate governance changes has Yes Bank announced?**

Yes Bank has informed the exchange about changes in Directors/KMP/SMP/Auditor/RTA. This includes the resignation of a Director/KMP/SMP, as announced on September 16, 2026. The bank also scheduled an Analysts or Institutional Investors Meet on September 17, 2026.

**How has Yes Bank's stock performed recently, and what are the key technical levels?**

As of September 18, 2026, Yes Bank's stock closed at ₹22.72. The stock has experienced a -2% return in the last day and a -11% return over the last three months. Key technical levels to monitor include support at ₹22.67 and resistance at ₹22.90.

**What is the potential impact of the new UPI fee structure on Yes Bank?**

News reports suggest that a 0.4% MDR (Merchant Discount Rate) on UPI payments above ₹2,000 could generate significant profits for banks, with them potentially pocketing 60% of the share. This new fee structure is expected to benefit private banks and foreign UPI apps, with analysts analyzing data to determine the extent of gains.

- MDR on UPI to Generate Rs 20000 Crore Profit With Banks Pocketing 60% Share
- India’s banks are hidden winners from new $2.8 billion digital payment fee pool
- Nifty Bank fails to hold ground after US Fed rate hike; HDFC, Yes Bank, ICICI among top laggards; Will they turn tide?
- Chinese Telegram Ring, Bank Insider & Rs 12.84 Crore: How Delhi Police's IFSO Unit Busted Mega Corporate Cyber Fraud
- In graphs | Why private banks and foreign UPI apps stand to gain from the MDR charge
- YES Bank Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- YES Bank Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Yes Bank Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
- YES Bank Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Yes Bank Limited has informed the Exchange about Schedule of Analyst/ Institutional Investors Meet(s) / Call(s) / VC(s) - Advance Intimation - Citi India Financials Investor Forum |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹23.14
- Risk regime: Price Risk Currently Contained

### Support levels
- 22.6125
- 21.945
- 21.276249999999997

### Resistance levels
- 22.990429687499997
- 23.77
- 24.19625

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.77% |
| return_10 | +0.80% |
| return_1m | +1.16% |
| return_1y | +7.83% |
| return_20 | -0.09% |
| return_3m | -10.83% |
| return_5 | +1.88% |
| return_6m | +19.96% |
| return_since_start | +15.74% |
| return_ytd | +5.72% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -28.21% |
| annualized_volatility | +30.15% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Interest income drives revenue growth, provisions rise sharply, profit before tax declines sequentially

Yes Bank’s total income grew 5.26% year-over-year, driven by higher interest earned. Operating profit before provisions increased significantly, but a sharp rise in provisions—more than doubling from the previous quarter—led to a sequential decline in profit before tax. Asset quality improved on a year-over-year basis, while the capital adequacy ratio continued to strengthen.

## Income Composition and Growth

Total income for the quarter was ₹9,924.99 crore, up 5.26% from ₹9,429.17 crore in the same quarter last year. Interest earned, the largest component, increased 5.92% to ₹8,054.49 crore, while other income grew 2.52% to ₹1,870.50 crore. Sequentially, total income rose 4.71% from Q4 FY2025-26, again driven by interest income (up 5.12%), while other income increased 3.01%. The growth in total income was primarily from the interest-earning segment.

## Operating Expenses

Total operating expenses were ₹2,950.45 crore, up 4.42% from ₹2,825.56 crore a year ago. Employee costs rose 11.81% to ₹1,181.33 crore, while other operating expenses were essentially flat at ₹1,769.12 crore (up 0.004% year-over-year). The increase in operating expenses was entirely attributable to higher employee costs, which grew at a faster rate than total income.

## Profitability and Provisions

Operating profit before provisions increased 24.61% year-over-year to ₹1,705.53 crore, outpacing the growth in total income. However, provisions and contingencies rose 38.9% from a year ago to ₹394.48 crore, and more than doubled from ₹187.55 crore in the preceding quarter (an increase of 110.33%). As a result, profit before tax (PBT) grew 20.87% year-over-year to ₹1,311.05 crore, but declined 9.55% sequentially from ₹1,449.49 crore in Q4 FY2025-26. The sequential decline in PBT is explained by the sharp increase in provisions.

## Asset Quality

Gross non-performing assets (NPAs) stood at ₹3,704.85 crore as of June 30, 2026, down 7.89% from ₹4,022.14 crore a year ago, but up 2.77% from ₹3,604.93 crore at the end of March 2026. Net NPAs were ₹676.85 crore, a 15.1% improvement year-over-year but a 3.65% increase from the previous quarter. The gross NPA ratio improved to 1.3% from 1.6% a year ago and remained unchanged at 1.3% sequentially. Asset quality has improved on a year-over-year basis, though absolute NPA levels increased slightly from the prior quarter.

## Capital Adequacy

The Common Equity Tier 1 (CET1) ratio improved to 14.1% as of June 30, 2026, up from 13.79% a year ago and 13.87% in the previous quarter. The bank’s capital position strengthened over the period.

## Key Takeaway

The quarter featured steady revenue growth driven by interest income, strong operating profit growth, but a significant sequential rise in provisions that reduced profit before tax compared to the previous quarter. Asset quality improved year-over-year while capital adequacy strengthened. The key development in the quarter is the divergent movement of operating profit (higher) and provisions (higher), which together determined the profit outcome.

### Ratios

## Official filings

- 2026-09-17 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2304_WebXMLFile_20260917_125941920.xml)
- 2026-09-17 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2304_WebXMLFile_20260917_130606317.xml)
- 2026-09-16 — Management Change: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_ROID_98470_KMP_Doc.zip)
- 2026-09-16 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2304_WebXMLFile_20260916_172336398.xml)
- 2026-09-16 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_16092026181114_YBL_SE_Intimation_Analyst_Meet_Advance_Intimation_Citi_India_signed.pdf)
- 2026-09-16 — Management Change: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_16092026194241_YBL_SE_Intimation_Interim_CVO_Appointment_signed.pdf)
- 2026-09-15 — Management Change: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_15092026200720_YBL_SE_Intimation_CVO_Cessation_signed.pdf)
- 2026-09-09 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_2304_WebXMLFile_20260909_094350420.xml)
- 2026-09-09 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_09092026222053_YBL_Stock_Exchange_Intimation_ESOP_Allotment_Sep_2026_Signed.pdf)
- 2026-09-09 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_2304_WebXMLFile_20260909_222820379.xml)
- 2026-09-08 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_08092026124920_YBL_SE_Intimation_GST_Intimation_for_Penalty_TN-07_Sep_2026_Signed.pdf)
- 2026-09-02 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2304_WebXMLFile_20260902_134954389.xml)
- 2026-09-02 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_02092026175232_SE_Disclosure_ESG_Rating_CRISIL_2026_Signed.pdf)
- 2026-09-01 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_01092026222049_YBL_SE_Intimation_Ashwamedh_signed.pdf)
- 2026-08-28 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_28082026174508_SE_Intimation_ESG_Rating_ESG_Risk_AI_AUG_2026_signed.pdf)
- 2026-08-26 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2304_WebXMLFile_20260826_115716611.xml)
- 2026-08-26 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_2304_WebXMLFile_20260826_115940384.xml)
- 2026-08-25 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2304_WebXMLFile_20260825_155440355.xml)
- 2026-08-25 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_25082026154854_YBL_Stock_Exchange_Intimation_ESOP_Allotment_signed.pdf)
- 2026-08-25 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_2304_WebXMLFile_20260825_160413439.xml)
- 2026-08-25 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_25082026174131_YBL_SE_Intimation_Analyst_Meet_Advance_Intimation_Ashwamedh.pdf)
- 2026-08-25 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_25082026174806_YBL_SE_Intimation_Analyst_Meet_Advance_Intimation_Anandrathi.pdf)
- 2026-08-24 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_24082026230703_Stock_Exchange_Intimation_Change_in_SMP_24082026_signed.pdf)
- 2026-08-19 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/YESBANK_19082026220247_YBL_SE_Intimation_Outcome_of_AGM_signed.pdf)
- 2026-08-19 — Generic Announcement: Yes Bank Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_2304_WebXMLFile_20260819_222426297.xml)

## News and market events

- 2026-09-17 — DECCANCHRONICLE.COM: **MDR on UPI to Generate Rs 20000 Crore Profit With Banks Pocketing 60% Share** — 0.4% MDR on UPI payments above Rs 2,000 to boost bank profits — [Source](https://www.deccanchronicle.com/business/economics/mdr-on-upi-to-generate-rs-20000-crore-profit-with-banks-pocketing-60-share-1988242)
- 2026-09-17 — MONEYCONTROL: **India’s banks are hidden winners from new $2.8 billion digital payment fee pool** — India, UPI, UPI fee, Gpay fee, Paytm, gpay, digital payment fee, Nirmala Sitaraman — [Source](https://www.moneycontrol.com/news/business/banks/india-s-banks-are-hidden-winners-from-new-2-8-billion-digital-payment-fee-pool-14032135.html)
- 2026-09-17 — Mint: **Nifty Bank fails to hold ground after US Fed rate hike; HDFC, Yes Bank, ICICI among top laggards; Will they turn tide?** — Nifty Bank opened higher but lost early gains, with HDFC Bank, Yes Bank, and ICICI Bank as top laggards. HDFC Bank shares fell 0.89%, close to its support zone, while Yes Bank and ICICI Bank faced selling pressure near resistance levels. — [Source](https://www.livemint.com/market/stock-market-news/nifty-bank-fails-to-hold-ground-after-us-fed-rate-hike-hdfc-yes-bank-icici-among-top-laggards-will-they-turn-tide-11789623594191.html)
- 2026-09-16 — News18: **Chinese Telegram Ring, Bank Insider & Rs 12.84 Crore: How Delhi Police's IFSO Unit Busted Mega Corporate Cyber Fraud** — The fraudulent scheme involved 317 unauthorised digital transactions executed directly from Hero FinCorp's corporate bank account — [Source](https://www.news18.com/india/chinese-telegram-ring-bank-insider-rs-12-84-crore-how-delhi-polices-ifso-unit-busted-mega-corporate-cyber-fraud-ws-lt-10334806.html)
- 2026-09-16 — The Hindu: **In graphs | Why private banks and foreign UPI apps stand to gain from the MDR charge** — The Hindu analysed data from the NPCI to find out how much money can be made from the MDR charge on UPI transactions and who stands to gain the most from it — [Source](https://www.thehindu.com/business/industry/in-graphs-why-private-banks-and-foreign-upi-apps-stand-to-gain-from-the-mdr-charge/article71472283.ece)
- 2026-09-16 — MONEYCONTROL: **Bank shares rise on rate hike hopes, more revenue from UPI MDR; PNB, Axis Bank lead gains** — bank nifty, bank shares — [Source](https://www.moneycontrol.com/news/business/markets/bank-shares-rise-on-rate-hike-hopes-more-revenue-from-upi-mdr-pnb-axis-bank-lead-gains-14031096.html)
- 2026-09-16 — The Hindu: **Who has to pay MDR on UPI and who stands to gain the most? | Explained** — Explore who pays the new MDR on UPI transactions, the exemptions, and which players stand to benefit the most. — [Source](https://www.thehindu.com/business/industry/who-has-to-pay-mdr-on-upi-and-who-stands-to-gain-the-most-explained/article71471399.ece)
- 2026-09-16 — BUSINESSTODAY: **YES Bank, BOB, PNB, IndusInd Bank, HDFC Bank shares: Key beneficiaries of MDR charges** — YES Bank share price, YES Bank shares, PNB share price, PNB shares, IndusInd Bank share price, HDFC Bank share price, MDR charges, UPI charges — [Source](https://www.businesstoday.in/markets/stocks/story/yes-bank-bob-pnb-indusind-bank-hdfc-bank-shares-key-beneficiaries-of-mdr-charges-555821-2026-09-16)
- 2026-09-16 — MONEYCONTROL: **ATM-related stocks rise up to 5% amid introduction of UPI MDR: Here's why** — UPI, ATM, CMS Info, — [Source](https://www.moneycontrol.com/news/business/markets/atm-related-stocks-rise-up-to-5-amid-introduction-of-upi-mdr-here-s-why-14030995.html)
- 2026-09-16 — Mint: **Yes Bank share price jumps 4% | What’s driving the stock rally?** — Yes Bank shares rose 4% on September 16 due to management changes and favorable brokerage estimates, indicating potential profit increases from the revised UPI MDR structure. The bank reported a 32.54% year-on-year net profit rise for Q1 FY27 but a slight quarter-on-quarter decline. — [Source](https://www.livemint.com/market/stock-market-news/yes-bank-share-price-jumps-4-what-s-driving-the-stock-rally-11789535817324.html)
- 2026-09-16 — Economic Times: **Yes Bank shares jump 4% as Citi, Morgan Stanley see lender as key beneficiary of new UPI charges. Earnings boost ahead?** — Yes Bank shares rose sharply on Wednesday after Citi and Morgan Stanley identified the lender as a key beneficiary of new MDR charges on select UPI transactions above Rs 2,000. Citi expects the lender and other banks to see an earnings boost, while Morgan Stanley sees a smaller profit benefit than estimated earlier. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/yes-bank-shares-jump-4-as-citi-morgan-stanley-see-lender-as-key-beneficiary-of-new-upi-charges-earnings-boost-ahead/articleshow/134278712.cms)
- 2026-09-16 — Economic Times: **Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex jumps over 300 points, Nifty above 23,150; FMCG, financial stocks rally - The Economic Times** — Sensex Today | Nifty 50 | Stock Market Live Updates: The Indian benchmark indices are trading with high volatility on Wednesday, witnessing sharp swings after opening on a strong positive note. — [Source](https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-nifty50-stock-market-live-updates-gift-nifty-yes-bank-bhel-share-price-16-september-2026/liveblog/134276213.cms)
- 2026-09-16 — MONEYCONTROL: **Paytm, One Mobikwik shares jump up to 5% after UPI MDR announcement; brokerages see revenue boost** — Paytm, One Mobikwik, Paytm shares, Paytm stocks, One Mobikwik, One Mobikwik stocks, One Mobikwik shares, UPI, UPI MDR, NPCI — [Source](https://www.moneycontrol.com/news/business/stocks/paytm-one-mobikwik-shares-jump-up-to-5-after-upi-mdr-announcement-brokerages-see-revenue-boost-14030798.html)
- 2026-09-15 — Economic Times: **Yes Bank challenges HC order on forensic audit of Fortis Healthcare share sale to IHH Healthcare** — Yes Bank has approached the Supreme Court challenging a recent Delhi High Court directive. The court ordered a forensic audit into the sale of Fortis Healthcare shares. Yes Bank argues it was not a party to the original arbitration proceedings. However, the bank does not oppose auditing Fortis and its former promoters. It will provide relevant transaction information within legal limits. — [Source](https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-challenges-delhi-hc-ruling-on-forensic-audit-of-fortis-healthcare-share-sale-to-ihh-healthcare/articleshow/134268169.cms)
- 2026-09-15 — MONEYCONTROL: **UPI MDR fixed at 0.4% for transactions over Rs 2,000; capped at Rs 300 per transaction** — upi MDR, MERCHANT DISCOUNT RATE, UPI TRANSACTION, digital payments — [Source](https://www.moneycontrol.com/news/india/upi-mdr-fixed-at-40bps-for-transactions-over-rs-2-000-capped-at-rs-300-per-transaction-14030339.html)
- 2026-09-15 — MONEYCONTROL: **UPI fees on merchant payments could generate Rs 1,800 crore a month** — UPI MDR above Rs 2000, merchant discount rate UPI transactions, UPI fee banks payments apps 1800 crore, high value P2M UPI transactions, securities brokers UPI ticket size, HDFC Bank highest average UPI ticket, UPI monetization payment settlement systems act, zero MDR regime revision India, small merchant UPI exemption, Moneycontrol UPI MDR analysis. — [Source](https://www.moneycontrol.com/news/business/economy/upi-fees-on-merchant-payments-could-generate-rs-1-800-crore-a-month-14030346.html)
- 2026-09-15 — BUSINESSTODAY: **YES Bank, Cochin Shipyard, Indus Tower: Stocks to trade — Key levels, target price & stop loss** — Stocks to buy, Stock picks, Stocks to trade, trading views, YES Bank, Indus Towers, Cochin Shipyard, YES Bank shares, Indus Towers shares, Cochin Shipyard shares, YES Bank share price, Indus Towers share price, Cochin Shipyard share price, YES Bank stock price, Indus Towers stock price, Cochin Shipyard stock price, YES Bank target price, Indus Towers target price, Cochin Shipyard target price — [Source](https://www.businesstoday.in/markets/stocks/story/yes-bank-cochin-shipyard-indus-tower-stocks-to-trade-key-levels-target-price-stop-loss-555163-2026-09-15)
- 2026-09-12 — Economic Times: **YES Bank Share Price Today, YES Bank Stock Price Live NSE/BSE Updates | The Economic Times** — YES Bank Share Price Today - Get live NSE/BSE quotes of YES Bank with latest news, headlines and quick analysis. View forecasts, quarterly results, dividend details, balance sheet & more. — [Source](https://economictimes.indiatimes.com/yes-bank-ltd/stocks/companyid-16552.cms)
- 2026-09-11 — CNBC-TV18: **Sensex ends in red, Nifty Bank rebounds over 900 points: 6 reasons behind today’s move** — The Sensex slipped 121 points to 74,782, while the Nifty fell 80 points to 23,398. The Nifty Bank ended 135 points higher at 56,607, while the Nifty Midcap index declined 160 points to 62,197. — [Source](https://www.cnbctv18.com/market/sensex-ends-in-red-nifty-bank-rebounds-over-900-points-6-reasons-behind-todays-move-19989425.htm)
- 2026-09-11 — BUSINESSTODAY: **YES Bank shares jump nearly 8%; how strong is this upmove?** — YES Bank shares, YES Bank stock, YES Bank share price, YES Bank Q1 results, YES Bank Q1 FY27 earnings, YES Bank technical analysis, YES Bank breakout, YES Bank target price, YES Bank NII, YES Bank NIM, Vinay M Tonse — [Source](https://www.businesstoday.in/markets/stocks/story/yes-bank-shares-jump-nearly-8-how-strong-is-this-upmove-554893-2026-09-11)
- 2026-09-11 — MONEYCONTROL: **Bank Nifty recovers 770 points from day’s low, turns flat as HDFC Bank, Yes Bank gain; PSU banks lag** — bank nifty today, bank stocks today, psu bank stocks, private bank shares, crude oil prices, us fed rate hike — [Source](https://www.moneycontrol.com/news/business/markets/bank-nifty-recovers-770-points-from-day-s-low-turns-flat-as-hdfc-bank-yes-bank-gain-psu-banks-lag-14027904.html)
- 2026-09-09 — Times of India: **Yes Bank fraud: CBI denied nod for further probe on Indiabulls** — Special court rejects CBI plea for further probe into Indiabulls, IVL in Rs 4,733-crore Yes Bank–DHFL fraud, citing lack of material and CBI affidavits. — [Source](https://timesofindia.indiatimes.com/city/mumbai/yes-bank-fraud-cbi-denied-nod-for-further-probe-on-indiabulls/articleshow/133931932.cms)
- 2026-09-08 — BUSINESSTODAY: **RIL share price: Stock in focus on Rs 12,500 crore bond sale report, Jio IPO update** — RIL share price, Jio IPO, Jio Platforms IPO, RIL shares, RIL news, RIL share price today — [Source](https://www.businesstoday.in/markets/stocks/story/ril-share-price-stock-in-focus-on-rs-12500-crore-bond-sale-report-jio-ipo-update-553806-2026-09-08)
- 2026-09-08 — The Hindu: **Reliance Industries plans to raise Rs 12,500 crore through local-currency bonds** — Reliance Industries plans to raise up to Rs 12,500 crore through five-year local-currency bonds, potentially making it the year's biggest listed deal. — [Source](https://www.thehindubusinessline.com/companies/reliance-industries-plans-to-raise-12500-crore-through-local-currency-bonds/article71441084.ece)
- 2026-09-07 — BUSINESSTODAY: **Japan Inc is betting on India’s wealthy: Why MUFG, Mizuho, Daiwa and SMBC are buying into wealth managers** — Japan India investment, Indian wealth managers, Manish Jain, MUFG Bank, Mizuho Securities, Daiwa Securities, SMBC, Ambit Global Private Client, Neo Wealth, Centricity WealthTech — [Source](https://www.businesstoday.in/latest/economy/story/japan-inc-is-betting-on-indias-wealthy-why-mufg-mizuho-daiwa-and-smbc-are-buying-into-wealth-managers-553800-2026-09-08)

## Business profile

**Strategic vision:** Indian private sector bank offering financial services.

### Business segments
- **Retail and Digital Banking:** Provides personal finance products such as accounts, deposits, and various retail loans to consumers, supported by digital channels like mobile apps and net banking.
- **Corporate and Commercial Banking:** Serves corporate clients, public sector units, and mid-sized enterprises with services including structured finance, working capital loans, project finance, trade finance, cash management, and merchant payment solutions.
- **Treasury and Markets:** Manages proprietary trading, foreign exchange services, debt capital markets, and liquidity management operations.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/yesbank
Markdown representation: https://faxioms.com/stocks/yesbank?render=md