YES Bank Q4 results: Net profit jumps 63% YoY, NII up 6%

YES Bank Q4 results: Net profit jumps 63% YoY, NII up 6%

Private sector lender YES Bank on Saturday reported that its March quarter standalone profit rose 63.3% year-on-year (YoY) to Rs 738 crore while its net interest income (NII) surged 5.7% YoY to Rs 2,276.3 crore. Both the net profit and NII figures were above Street estimates. During the quarter, the bank’s interest income rose 2.3% … Read more

YES Bank Q3 result preview: Profit may jump multifold; muted NII growth seen

YES Bank Q3 result preview: Profit may jump multifold; muted NII growth seen

Private lender YES Bank’s net interest income (NII) in the third quarter ended December 2023 could either remain flat or see a decline on a year-on-year (YoY) basis. The muted NII growth is due to slower loan growth and the rising cost of funds. NII for the December quarter is seen growing 2% YoY, while … Read more