 "YES Bank")
Private sector lender YES Bank on Saturday reported a net loss of Rs 18,564.24 crore for the December quarter (Q3FY20), as against a net profit of Rs 1,000.57 crore in the corresponding period of FY19.
The troubled bank, which announced its Q3 numbers after weeks of delay, reported a pre-tax loss of Rs 24,778 crore in Q3FY20 compared with a pre-tax profit of Rs 1,442 crore in the year-ago period. It had posted a net loss of Rs 629 crore in the quarter ended September 2019.
Gross non-performing assets (NPAs) saw a sharp rise to 18.87 per cent compared with
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