YES Bank posts Rs 4,766-crore pre-tax loss in Q4; gross NPAs at 16.8%

The lender had psoted a pre-tax loss of Rs 2,338.31 crore in the same quarter of previous financial year

Ailing private lender YES Bank posted a pre-tax loss of Rs 4,765.9 crore for the fourth quarter ended March 2020 (Q4FY20) on huge rise in provisions for bad loans. It had posted a loss of Rs 2,338.31 crore in Q4FY19. These are figures for standalone entity.
 

However, the lender posted a net profit for Q4FY20 of Rs 2,628.6 crore as against net loss of Rs 1,506.4 crore a year ago. For FY20, as a whole, it posted a whopping loss of Rs 16,418 crore, on a standalone basis, compared to net profit of Rs 1,720.27 crore.
 

The net interest income