Yes Bank is aiming at a disbursal of Rs 10,000 crore in the current quarter in retail and small business credit. The bank has also set a target to raise its deposits book to Rs 2 lakh crore by the end of March and increase the overall share of retail and MSME books to 60 per cent of the total loan book by 2023.

“We are targeting a fresh disbursal of Rs 10,000 crore in the current quarter, which is a sizeable growth. Over a period of time we aim to increase the retail and MSME book to 60 per cent of the total loan book from the current 45 per cent,” said Rajan Pental, global head — retail banking, Yes Bank.

As of the September quarter, total advances of the bank was Rs 166,923 crore, of which 55-56 per cent was corporate credit and around 44-45 per cent was MSME and retail credit.

Gross retail disbursement was Rs 3,764 crore and SME disbursement was Rs 2,900 crore.

“The bank is aiming to raise deposits to Rs 2 lakh crore by March 2021 and from a medium to long term strategy, by 2023, we aim to double the overall retail bank business from its current level.

Unveiling Yes Premia, a premium wealth management programme of the bank on Tuesday, Pental said the bank is looking to touch 1 lakh savings accounts by March, having already reached 70,000.

“The bank has the right platform, people and customers. We have a good distribution available. Within retail we are not too ambitious like going down the segments of consumer durables. We want to stick to the secured lines to augment our growth ambitions,” said Pental.

The bank has also received a limited response on loan restructuring with the overall request not exceeding Rs 200 crore.