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YES Bank tanks 12% on heavy volumes as Q3 net plunges 81%

The management said it would be difficult to give guidance on margins (NIMs) due to pressure from pricing deposits.

YES Bank
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SI Reporter Mumbai
Shares of YES Bank has tanked 12 per cent to Rs 17.35 on the BSE in Monday’s intra-day trade in an otherwise firm market on the back of heavy volumes followed weak December quarter (Q3FY23) results.

At 10:23 am; YES Bank quoted 9 per cent lower at Rs 17.95, as compared to 0.76 per cent rise in the S&P BSE Sensex. The average trading volumes at the counter more-than-doubled today. A combined 261 million shares changed hands on the NSE and BSE so far.

In Q3FY23, YES Bank’s net profit declined by 80.7 per cent year-on-year (YoY) to

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First Published: Jan 23 2023 | 10:49 AM IST

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