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Worst Over For YES Bank? | Prashant Kumar To ET NOW

We need to thank our customers, the liability franchise is shaping up well. Since moratorium has lifted, we have been able to meet regulatory requirements of all liquidity ratios. The FPO raise has given us sufficient capital adequacy, CET-1 13.4%. Q1 had deposit growth of 11% QoQ, equal contribution from retail and corporate.

Similar trends have been seen in current quarter, Q2 will further exemplify this. Due to strong liability shape up, we have been able to pay back RBI Rs 50k Cr ahead of time. YES Bank is opening 60,000 accounts every month, pre-Covid our peak rate was 55,000 accounts a month. We are targeting to add 1 Lakh retail customers per month eventually, says Prashant Kumar, Yes Bank.