Yes bank

Q2 results –
http://www.moneycontrol.com/livefeed_pdf/Oct2015/Unaudited%20Financial%20Results%20Q2_YES%20Bank.pdf

1. CASA up 330 basis points from 22.5% to 25.2% . Interest rate on SA reduced to 6% from 7% wef 1st Nov.

2. CASA+Retail FD is 52.5% of total deposits compared to 42.9% an year ago

3. SA (saving deposits) grew 61.7% yoy.

The bank has better visibility than even the larger banks like icici and axis due to cash backs on snapdeal, amazon etc. , attractive interest rates, which in my view is the reason why the CASA+Retail FD is growing at a massive pace.

Even as of now, it has a long term(10 yr) RoE of 21.6%.

The above plus the emphasis of retail lending would help re-rate this stock over time imo and together with 20-25% growth, capital raising (via ADR) at good valuations hopefully, this stock can even quadruple in 3-4 years if all goes well.

Disc.: invested