Despite 65 per cent of its loan book in the corporate sector, Yes Bank has managed to keep its NPAs low, which needs appreciation
Net Interest Margin, a key indicator of bank's profitability, expanded to 3.4% as compared to 3.2% in the quarter ended December
On the asset quality front, the bank's net NPAs, or bad loans, increased to 0.29% of total advances in the March quarter
The bank today reported 27.42% rise in standalone net profit at Rs 702.11 crore for the fourth quarter ended March 2016
Shares of the bank were trading 1.18% up at Rs 865.80 apiece on BSE
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The bank will launch its credit card services in the first quarter of next fiscal