Yes Bank Q2 net up 51%

Yes Bank today reported a 51% rise in net profit at Rs 21.50 crore as against Rs 14.30 crore in Q2FY06.

According to an official release issued today, total income for Q2FY07 was up 182% to Rs. 166 crore from Rs. 58.8 crore in Q2FY06.

"Total advances grew 177.1% to Rs 3,730.5 crore from Rs 1,346.4 crore as on September 30, 2005. Total deposits grew 293.1% to Rs 4,329.9 crore from Rs 1,101.4 crore on September 30, 2005," the release added.