Friday, October 26, 2018

Yes Bank reports unimpressive numbers

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 Yes Bank has reported a decline of 3.8 per cent in net profit to Rs 964 Cr for the second quarter ending September 2018.

The bank had posted a net profit of Rs 1002 Cr in the year-ago period.

 Yes Bank's total income in the latest September quarter rose to Rs 8704 Cr from Rs 6048 Cr in the same period a year ago.

The bank's gross Non-Performing Assets  reduced to 1.60 per cent of its total assets at the end of September. In the comparable period, the same was at 1.82 per cent.

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