Shares of YES Bank were down 5 per cent to Rs 99 apiece in intra-day trade on the BSE on Wednesday, falling 8 per cent from its early morning high of Rs 108 ahead of April-June quarter (Q1FY20) earnings scheduled to be announced later today.
Most of the brokerages see pressure on YES Bank's profitability considering deterioration in asset quality and muted loan book growth during Q1FY20.
“YES Bank could continue to face challenging quarter as key risky assets could turn NPA leading to further provisioning. Most business metrics should see slowdown as capital remains at critical levels. Increase in