YES Bank Q1 net profit up 32.8% at Rs 731.8 crore - News Summed Up

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YES Bank Q1 net profit up 32.8% at Rs 731.8 crore


YES Bank posted a net profit of Rs 731.8 crore in the April - June quarter, up 32.8% from the same period last year. The total income of the bank went up to Rs 4,762.83 crore, up from Rs 3,797.02 crore in the same period last year. YES Bank has received an in-principle nod from Sebi to set up an AMC. In the period, the bank's interest income grew to Rs 3862.31 crore, up from Rs 3251.85 crore posted in the same period last year, a growth of 18.8%. Gross Non Performing Advances (GNPA) as a proportion of Gross Advances at Rs 844.6 crore was 0.79% while the Net Non Performing Advances (NNPA) as a proportion of Net advances at Rs 302.4 Crores was 0.29% as at June 30, 2016.


Source: dna July 27, 2016 07:18 UTC



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