Business Standard

YES Bank posts Rs 129-crore profit; net interest income rises 3.4%

Bank's provisions rose 9.3 per cent sequentially in Q2 to Rs 1,187 crore

YES bank
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Subrata Panda Mumbai
Private sector lender YES Bank’s net profit rose sequentially to Rs 129 crore in the second quarter ended September 30 this year from Rs 45 crore in the first quarter ended June 30. The bank had posted a loss of Rs 600 crore in Q2 of the previous financial year.
 
Net interest income (NII) rose 3.4 per cent sequentially to Rs 1,973 crore in Q2 from Rs 1,908 crore in the previous quarter. On year-on-year (YoY) basis, NII was down by 9.7 per cent from the base of Rs 2,186 crore in the second quarter of the previous year.
 
Net
Topics : YES Bank

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