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YES Bank's PBT falls to Rs 60 crore in June quarter, NII dips 16.3%

The bank's net profit for quarter under review stood at Rs 45.44 crore as against a net profit of Rs 113.76 crore in Q1FY20. It had booked a net loss of Rs 3,668.3 crore in Q4FY20

YES Bank
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The lender's net NPAs were at 4.96 per cent in June 2020 from 2.9 per cent in June 2019. The Net NPAs were at 5.03 per cent in March 2020

Abhijit Lele Mumbai
Private sector lender YES Bank posted profit before tax (PBT) at Rs 60.24 crore in the quarter ended June (Q1FY21).

The Mumbai-based lender had posted a PBT of Rs 174.98 crore in the quarter ended June 2019 (Q1FY20). Its pre-tax loss was Rs 4,765.9 crore in the fourth quarter ended March (Q4FY20).

Its net profit for the reporting quarter stood at Rs 45.44 crore, against a net profit of Rs 113.76 crore in Q1FY20. It had booked a net loss of Rs 3,668.3 crore in Q4FY20. The bank is now an associate entity of State Bank of India after capital

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