Private sector lender YES Bank which is on the recovery path expects to close the ongoing financial year with a return on assets of 1 per cent, the bank's Chief Financial Officer Niranjan Banodkar said. 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 will exit the current fiscal year with an ROA of 1 per cent, and on an annual basis, the ROA will exceed 1 per cent in the next fiscal year," he told PTI. For the December quarter, the bank reported a net profit of Rs 952 crore, registering a growth of 55 per cent on an annual basis and 45 per cent on a quarter-on-quarter basis. The reported annualised return on assets (ROA) for the quarter further improved to 0.9 per cent against 0.6 per cent in the previous quarter as well as the corresponding quarter last year. The annualised reported ROA for nine months has improved