YES Bank dips over 5% post Q4 results

The stock dipped 6.5% to Rs 1,501 on BSE in early morning trade.

YES Bank  dipped 6.5% to Rs 1,501 on BSE in early morning trade as the asset quality of the bank slipped, with gross non-performing assets (NPAs) or bad loans rising to 1.52% of gross advances as on March 31, 2017 (Q4FY17), as against 0.85% in previous quarter and 0.76% a year ago. Net NPAs rose to 0.81% of net loans disbursed from 0.29% earlier.

The private sector lender had reported a 30.2% year on year (YoY) rise in net profit at Rs 914 crore for the last quarter of 2016-17. Net interest income (NII) rose by 32.1% at Rs