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Yes Bank logs net profit of Rs 151 cr in Oct-Dec quarter
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SME Times News Bureau | 22 Jan, 2021
Yes Bank on Friday reported a net profit of Rs 151 crore for the quarter ended December 31.
During the corresponding quarter of the previous financial year (2019-20), the bank had reported a loss of Rs 18,560 crore.
The
net interest income of the restructured bank increased by 29.7 per cent
on quarter-on-quarter basis to Rs 2,560 crore. Besides, the bank
reported a total step up in provisioning of Rs 2,935 crore, consisting
of additional Rs 765 crore towards Covid-19 related provisioning and the
balance majorly towards increasing 'PCR' of both 'NPA and NPI'.
As
on December end, the bank's gross non-performing asset (GNPA) stood at
15.4 per cent, down from 16.9 per cent in the previous quarter. Its net
NPA was 4 per cent against 4.7 per cent in the previous quarter.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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