ALSO READShardul Amarchand Mangaldas and co. advises Yes Bank in relation to Rs. 4906 crore QIP IDBI Bank shares down over 2% as Q3 loss widens Indian Bank shares jump 6 pc on stellar Q3 show Vijaya Bank shares jump nearly 20 pc post stellar Q3 show Yes Bank raises Rs 330 cr via Green Infrastructure Bonds
The private sector lender had registered a standalone net profit of Rs 702.11 crore in the corresponding January-March period of 2015-16.
However, the asset quality of the bank slipped, with gross non-performing assets (NPAs) or bad loans rising to 1.52 per cent of gross advances as on March 31, 2017, as against 0.76 per cent a year ago.
Net NPAs rose to 0.81 per cent of net loans disbursed from 0.29 per cent earlier.