YES Bank Q1 Preview: Soft quarter expected on weak underlying business; PAT may fall up to 9%

YES Bank Q1 Preview: Soft quarter expected on weak underlying business; PAT may fall up to 9%

Private lender YES Bank is expected to report soft numbers for the first quarter ended June, reflecting weak underlying business growth. While the net interest income (NII) is seen growing in mid single-digits year-on-year, it is likely to decline on a sequential basis with weak loan growth. Kotak Institutional Equities is estimating 6% YoY rise … Read more