Comments
Private sector lender YES Bank reported a net profit of Rs 129.37 crore for the second quarter this fiscal as against a net loss of Rs 600.08 crore in the same period a year ago.
Net interest income was down 9.7 per cent to Rs 1,973 crore for the quarter ended September 30, 2020 versus Rs 2,186 crore a year ago.
Net interest margin was at 3.1 per cent at the end of the second quarter compared to 2.7 per cent a year ago.
Provisions were marginally down at Rs 1,187.33 crore in the second quarter compared to Rs 1,336.25 crore a year ago.
Gross NPAs was at 16.9 per cent of gross advances and net NPAs amounted to 4.71 per cent of net advances as on September 30, 2020.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.