Monday, October 1, 2018

Yes Bank gains 9%, Board releases un-audited figures for Q2


Image result for yes bank logo

Yes Bank gained 9 percent and closed at Rs  200 in today's trade. More than 13 crore shares were traded on Nse alone. In the mean while clear doubts and market rumors the company has released un - audited results for Q 2. The bank has registered 41 percent year-on-year rise in deposits at Rs 2.23 lakh crore in Q2 FY 19, while loans and advances growth was at 61.5 percent to Rs 2.40 lakh crore.

Its deposits, the CASA (current and savings account)  grew to 33.8 percent of total deposits.

Yes Bank's gross non-performing assets stood at 1.35 percent of gross advances, compared with 1.82 percent in the corresponding quarter last year.

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