Business Standard

YES Bank posts Rs 129-crore profit; net interest income rises 3.4%

Bank's provisions rose 9.3 per cent sequentially in Q2 to Rs 1,187 crore

YES bank
Premium

Subrata Panda Mumbai
Private sector lender YES Bank’s net profit rose sequentially to Rs 129 crore in the second quarter ended September 30 this year from Rs 45 crore in the first quarter ended June 30. The bank had posted a loss of Rs 600 crore in Q2 of the previous financial year.
 
Net interest income (NII) rose 3.4 per cent sequentially to Rs 1,973 crore in Q2 from Rs 1,908 crore in the previous quarter. On year-on-year (YoY) basis, NII was down by 9.7 per cent from the base of Rs 2,186 crore in the second quarter of the previous year.
 
Net
Topics : YES Bank

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 24 2020 | 1:39 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com