Yes Bank will boost lending to mid-sized firms to improve return on assets, CEO says

Indian private lender Yes Bank plans to increase lending to small and mid-sized companies to boost its return on assets (RoA). The bank's CEO, Prashant Kumar, stated that the first step is to achieve a 1% RoA in the next two years and 1.5% by 3-5 years. Small-and-medium-enterprise loans and mid-sized corporate loans made up nearly 30% of the bank's loan book in December, which will be increased to 35%.
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