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

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