Among the new private banks in India, Yes Bank—traditionally a strong corporate lender—has, in recent years, built up a strong retail base through public deposits, savings accounts and a wide branch network. It now has a wide array of retail lending products. With India's public sector banks weighed down by bad debts and facing consolidation, Yes Bank is better placed for growth. It has managed to keep its bad loans under check, with net NPAs at 0.29 percent for FY2016, thanks to an early alert system.