Yes Bank, bolstered by a 24.2% stake from Japan's Sumitomo Mitsui Banking Corporation (SMBC), is poised for significant balance sheet expansion. New managing director Vinay Tonse outlined plans for the bank to become a consistently profitable entity with high asset quality. For the March quarter of FY26, Yes Bank reported a net profit of ₹1,068 crore, reflecting a 44.7% increase year-on-year, driven by a 15.9% rise in net interest income to ₹2,638 crore. The bank's total deposits surpassed ₹3 trillion, reaching ₹3.2 trillion, with a 12% annual growth rate. The gross non-performing assets (NPA) ratio improved to 1.3%, the best performance in two years. Tonse emphasized the importance of technology and digital banking in supporting growth and enhancing customer experience. The collaboration with SMBC is expected to provide strategic advantages in corporate and cross-border banking, enabling Yes Bank to achieve double-digit growth sustainably.