New Delhi, February 22 YES Bank, a private sector lender on the path to recovery, expects to close the current financial year with a return on assets (ROA) of 1%, according to the bank's Chief Financial Officer, Niranjan Banodkar.
Return on Assets (ROA) is a profitability metric that measures how efficiently a bank uses its assets to generate profit. A higher ROA indicates better asset utilization and an increase in the bottom line.
"The bank expects to achieve an ROA of 1% at the end of the current fiscal year, and on an annual basis, the ROA will exceed 1% in the next fiscal year," he told
