Signals, Powered By EquityPandit
Yes Bank Ltd has posted a 22% increase in December quarter. Net profit rose to Rs.1,077 crore in the quarter ended December 31. Last year, in the same quarter it had posted a profit of Rs.883 crore.
Gross bad loans as a percentage of total loans stood at 1.72% for the December quarter, against 1.82% in the last quarter and 0.85% in the corresponding quarter last year.
Furthermore, net interest income increased 26.8% to Rs.1,889 crore, while the net interest margin was at 3.5%.
