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Yes Bank Q4 net rises 30% to Rs 914 cr

Interest earned in the quarter rose more than 23% to Rs 4,349 cr

Reuters 

Yes Bank Ltd on Wednesday posted higher-than-expected quarterly net profit, helped by higher interest and other income. Yes Bank, India's fifth-biggest private sector lender by assets, reported a 30 percent rise in profit to Rs 914 crore in the March quarter.  Interest earned in the quarter rose more than 23 percent to Rs 4,349 crore while 'other income' rose to Rs 1,257 crore compared with 8.03 billion rupees a year earlier. The bank's Q4 net interest margin stood at 3.6 percent versus 3.4 percent year ago.

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First Published: Wed, April 19 2017. 16:57 IST
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