Yes Bank Q1 profit up 9.6 pc at Rs 439.5 cr

Yes Bank today reported 9.6 per cent increase in net profit at Rs 439.5 crore for the first quarter ended June 30, 2014-15.

The private sector bank had posted net profit of Rs 400.8 crore in the April-June quarter of the 2013-14 fiscal.

The bank's total income in Q1, 2014-15 rose to Rs 3,105.21 crore, from Rs 2,839.9 crore in the year-ago period.

The NII during Q1 rose by 13.1 per cent to Rs 745.3 crore as against Rs 472.2 crore in the year-ago period.

As of June 30, 2014, YES Bank's gross non-performing assets (NPAs) rose to 0.33 per cent of advances as against 0.22 per cent in the same quarter of the previous fiscal.

Its net non-performing assets rose to 0.07 per cent from 0.06 per cent.

EDITORIAL OF THE DAY

  • The Muslim Personal Law Application Act needs an overhaul

    Triple talaq or khola as means to divorce or dissolve one’s marriage in the Muslim community is unacceptable, as the Allahabad High Court judgment s

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Sandeep Bamzai

<b>Disequilibrium:</b> THE GREAT GAMBLE

Finance it is said is merely a gun, politics is ...

Ananda Majumdar

<b>Ruminations:</b> BJP looks beyond muscular strategy

Gradually a new strategy for political management has been established ...

BK Chaturvedi

Committed, yet miles to go

Swachh Bharat is a mission to which everyone is committed. ...