Yes Bank Q3 profit surges 77% to ₹266 crore, total income drops
The Hindu
Lender’s cash recovery stood at ₹610 crore for December quarter
Private sector lender Yes Bank on Saturday reported a 77% jump in profit to ₹266.43 crore for the third quarter ended December.
The bank had posted a profit of ₹150.77 crore in the October-December quarter a year earlier.
However, total income during the quarter under review declined to ₹5,632.03 crore from ₹6,408.53 crore, Yes Bank said in a filing. Net interest income also slipped by 31% to ₹1,764 crore compared with ₹2,560 crore in the same quarter in 2020.
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