YES Bank extends gain after reporting net profit of Rs 129 crore in Q2

Net interest income (NII) rose 3.4 per cent sequentially to Rs 1,973 crore in Q2 from Rs 1,908 crore in the previous quarter

Shares of YES Bank rose 5 per cent at Rs 14.01 on the BSE on Monday, extending its Friday’s 5 per cent gain, after the lender returned to profit in the quarter ended September (Q2FY21).

However, the stock erased its early morning rally and was up 1.4 per cent higher at Rs 13.54 on the BSE at 09:30 am. In comparison, the S&P BSE Sensex was down 0.26 per cent at 40,579 points. A combined around 89 million equity shares had changed hands on the counter on the NSE and BSE.

Private sector lender YES Bank’s net profit