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Mumbai, Jan. 31

YES Bank has reported 13.25 per cent rise in net profit for the third quarter ended December 2007 to Rs 54.24 crore as against Rs 47.89 crore reported in the corresponding quarter a year ago. Total income for the quarter was up 115.5 per cent at Rs 443.18 crore compared (Rs 205.69 crore) While total advances for the bank grew by 79.1 per cent to Rs 8,598 crore (Rs 4,800 crore), total deposits grew by 103.8 to Rs 11,129 crore (Rs 5,461 crore). The Yes Bank scrip was down by 0.65 per cent to close at Rs 243 on the BSE.

— Our Bureau

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