On a day when the broader markets saw around 0.6 per cent gains and the Sensex hit an all-time high, shares of private sector lender YES Bank fell to their 52-week low intraday to Rs 11.89. The stock ended at an over one-year closing low of Rs 11.95.
In the June quarter of financial year 2021-22 (Q1FY22), the lender posted a profit of Rs 210 crore due to lower provisions. It’s gross non-performing assets (NPA) ratio rose 20 basis points sequentially to 15.6 per cent as the bank resorted to heavy restructuring.
It’s outstanding gross NPAs were Rs
In the June quarter of financial year 2021-22 (Q1FY22), the lender posted a profit of Rs 210 crore due to lower provisions. It’s gross non-performing assets (NPA) ratio rose 20 basis points sequentially to 15.6 per cent as the bank resorted to heavy restructuring.
It’s outstanding gross NPAs were Rs