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On Wednesday, Yes Bank, the private sector lender, has posted a profit after tax (PAT) of Rs 965.52 crore for the quarter ended June 30.
The Q1 profit of this fiscal is higher by 31.93 percent as compared to Rs 731.81 crore that has been reported in the previous year quarter.
The board of the bank has also provided its approval for stock split in the ratio 1:5.
The gross NPAs of the bank fell to 0.97 percent as compared to 1.52 percent on a quarter on quarter basis.
For the quarter, the Net Interest Margins (NIMS) were stable at 3.7 percent as compared to 3.6 percent of March quarter.
