Robust growth, NIM & asset quality stable YES Bank's customer assets (advances + credit substitutes) grew strongly (25.1%YoY, 11.1%QoQ) in 4QFY15 to INR 871bn led by healthy growth in advances (35.8%YoY, 13.4%QoQ), while credit substitutes contracted (17.2%YoY, 2.1%QoQ). Consequently, the share of credit substitutes in customer assets declined (680bps YoY, 180bps QoQ) to 13.3%. Growth in advances was supported by strong growth in Corporate & Institutional Banking (38.8%YoY, 6.8%QoQ), while retail banking (including MSME/Business Banking) grew (30.6%YoY, 27.9%QoQ). Consequently, their share in overall advances was noted at 64.7%...