November 2020 \ Business & Investment \
Yes Bank logs net profit of Rs 129 crore

Yes Bank in October reported a net profit of Rs 129 crore ...

  • Yes Bank

Yes Bank in October reported a net profit of Rs 129 crore for the July-September quarter. During the corresponding quarter of the last financial year (2019-20), the bank had reported a loss of Rs 600 crore. The net interest income of the restructured bank increased 3.4 per cent on quarter on quarter basis to Rs 1,973 crore.

As of September end, the bank’s gross non-performing asset (GNPA) stood at 16.9 per cent, down from 17.3 per cent in the previous quarter. Its net NPA was 4.71 per cent against 4.96 per cent in the previous quarter.




Tags: Yes Bank

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