 "YES bank")
Private sector lender YES Bank suffered a loss of Rs 3,788 crore in the fourth quarter ended March (Q4FY21) on large provisions of Rs 5,240 crore for stressed assets. It had booked a loss of Rs 3,668 crore in Q4FY20.
It had posted a net profit of Rs 151 crore in the third quarter
Its annual loss for FY21 stood at Rs 3,462 crore, down from Rs 22,715 crore in FY20. The bank, once controlled by Rana Kapur, was restructured under a rescue package wherein a group of Indian lenders led by State Bank of India pumped in
It had posted a net profit of Rs 151 crore in the third quarter
Its annual loss for FY21 stood at Rs 3,462 crore, down from Rs 22,715 crore in FY20. The bank, once controlled by Rana Kapur, was restructured under a rescue package wherein a group of Indian lenders led by State Bank of India pumped in
