YES managed to bring pretty good results to the table improving growth in Advances to even 42% over last year June. Net profits are a `1.56bn with a 56% growth and while NIMs at bigger competitor Kotak have fallen to 5.7%. YES Bank management prides itself on a greater than 20% ROE, where the March 2010 fiscal closed at 23%. This quarter advances have shot a 76% growth from `1.57bn to `2.62bn which is still a small $56 bn. Transaction Banking and CASA ratios have more or less maintained March quarter growth of 62.8% growth in deposits, 77% growth in CASA ( 10% in March 2010) Tier I Capital has become a concern for the bank according to us already down to 9% in March while Net Interest Margin continues to have scope for growth. We might come back after the conference at 1600 hrs when more details are available. `1.56bn `1.56bn `1.56bn

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