24 January 2019 Yes Banks (YES) PAT declined 7% YoY to INR10.0b in 3QFY19, as lower corporate banking fees and treasury losses of INR1.6b led to a 37% YoY decline in other income. NII grew 41% YoY to INR26.7b (in-line), driven by strong retail loan growth (+83% YoY) and stable margins (at 3.3%). For 9MFY19, the banks PAT stood at INR32.3b. YES reported write-back of (a) INR2.1b on treasury portfolio and (b) INR351m on other provisions. On the IL&FS; exposure, the bank made 25% provision (INR4.8b) on its slipped exposure of INR19.1b and 15% provision (INR925m) on its residual standard exposure of INR6.