SME Times is powered by   
Search News
Just in:   • Coal production from India's commercial mines jumps 16.4 pc in April-June quarter  • India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep Puri  • India's industrial production registers 1.2 per cent growth in May  • Govt committed to building safe and smart energy future: Minister  • Sanchez defends Spain's defence budget in response to Trump's threats 
Last updated: 23 Jan, 2022  

Yes.9.thmb.jpg Yes Bank's Q3 net profit up over 76% YoY

Yes.9.jpg
   Top Stories
» India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep Puri
» India's industrial production registers 1.2 per cent growth in May
» Govt committed to building safe and smart energy future: Minister
» QCOs benefit MSMEs by enhancing product quality, consumer satisfaction: Piyush Goyal
» Stock market opens higher as Trump indicates ‘great’ trade deal with India
SME Times News Bureau | 23 Jan, 2022
Private lender Yes Bank on Saturday reported a rise of 76.8 per cent year-on-year in its net profit for the third quarter of FY22.

The bank's net profit rose to Rs 266 crore as against Rs 151 crore reported in the corresponding period of the previous fiscal.

However, the bank's net interest income fell by 31.1 per cent for Q3FY22 to Rs 1,764 crore as against Rs 2,560 crore for Q3FY21.

According to the lender, the gross NPA ratio improved to 14.7 per cent as on December 31, 2021, as against 15.4 per cent as on December 31, 2020.

The gross NPA stood at 15 per cent as on September 30, 2021.

"'Resolution Momentum' continues with Rs 610 crore of cash recoveries and Rs 573 crore of upgrades during Q3FY22," the bank said.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter