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What is the quarterly result of Yes Bank?

Posted on January 8, 2023 by Author

What is the quarterly result of Yes Bank?

YES Bank’s provisions for bad loans declined 65 per cent year-on-year to Rs 377 crore. NSE -2.21 \% today reported a 74.3 per cent year-on-year growth in net profit to Rs 225 crore for the quarter ended September as against analysts’ expectations of a Rs 31 crore net loss.

What is current situation of Yes Bank?

Yes Bank share price gains 2\% as Moody’s upgrades rating The Moody’s report comes days after Yes Bank reported a 74.3\% year-on-year increase in standalone profit at Rs 225.50 crore for the quarter-ending on September 30, 2021.

What is the date of Yes Bank result?

In its regulatory filing today, Yes Bank said that a meeting of the Board of Directors of YES Bank Limited (the “Bank”) will be held on Friday, October 22, 2021, at Mumbai, inter alia, to consider and approve, the Unaudited Standalone and Consolidated Financial Results of the Bank for the quarter (Q2) and half year …

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Should I buy Yes Bank share?

Those at Emkay retain Sell rating on Yes Bank shares with a target price of ₹10 amid persistent concerns over its asset quality, sub-par return ratios, and unfavorable risk-reward ratio. We retain a Sell rating with a target price of ₹12,” it said in a note. Yes Bank’s Fresh slippages fell sequentially to ₹1,783 crore.

Who is running Yes Bank now?

Prashant Kumar
Yes Bank

Type Public
Key people Sunil Mehta (Chairman) Prashant Kumar (MD & CEO)
Products Credit cards Consumer banking Corporate banking Finance and insurance Mortgage loans Private banking Wealth management Investment banking
Revenue ₹10,769 crore (US$1.4 billion) (2021)
Operating income ₹4,977 crore (US$660 million) (2021)

Will Yes Bank ever recover?

MUMBAI : Mumbai: Yes Bank will have no non-performing asset after it transfers its entire bad loan book to the asset reconstruction company (ARC) by the end of March 2022, according to managing director and chief executive officer Prashant Kumar.

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Who is CEO of Yesbank?

Prashant Kumar (Mar 6, 2020–)
YES BANK/CEO

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