Logo


YES Bank Q4 preview: NPAs, new management strategy key factors to watch

The bank's estimates for its non-performing assets will be closely watched by investors as the bank is expected to provide for the bad debt created under the beleaguered IL&FS account

YES Bank net profit up 32%; board okays 5:1 stock split

India’s fourth largest private sector bank, YES Bank, is set to announce its fourth quarter results for the financial year 2018 – 19 (Q4FY19) on Friday amid expectations of up to 7 per cent decline in net profit on a yearly basis. While analysts at ICICI Securities expect a 6.8 per cent decline in net profit at Rs 1,099.3 crore YoY from Rs 1,179.44 crore (Q4FY18), Elara Capital expects the profit at Rs 1,095 crore, a dip of 7.2 per cent. On quarterly basis, however, both the brokerages peg the net profit growth at around 9 per cent. “Healthy traction in ...