YES Bank continues to deliver healthy performance on core operating front. However, near term headwinds clearly suggest underperformance compared to its peers. We believe that the Bank will continue to witness elevated level of credit cost, which will keep its earning profile and return ratio subdued over next 3-6 quarters. Rolling over our estimates to FY19E, we reiterate our HOLD recommendation on the stock with an upwardly revised Target Price of Rs1,483...