Yes Bank reported impressive financial results for Q2 of FY2025, showcasing a 145.6% year-over-year profit jump to INR 553 crore. This surge was fueled by a stable increase in Net Interest Income (NII) and significant non-interest income growth, solidifying the bank’s progress in profitability amid industry challenges. Net Interest Income and Non-Interest Income Boost Overall […]
YES BANK has announced its financial results for the quarter ended June 30, 2024, showcasing a significant increase in net profit and steady growth across various financial metrics. The bank’s net profit for Q1FY25 stands at INR 502 crores, marking a 46.7% year-over-year (Y-o-Y) increase and an 11.2% quarter-over-quarter (Q-o-Q) rise. YES BANK’s net profit […]
YES BANK, a key player in the Indian banking sector, has released its financial results for the quarter ended December 31, 2023, showcasing remarkable growth and stability. The bank reported a net profit of INR 231 Cr in Q3 FY24, a striking 349.2% increase year-over-year (Y-o-Y) and a 2.8% rise quarter-over-quarter (Q-o-Q). Financial Highlights and […]
Yes Bank, a prominent Indian full-service commercial bank, has released its un-audited standalone and consolidated financial results for the quarter and half-year ending September 30, 2023. Topline Takeaways Net Profit for the second quarter of the fiscal year 2024 stood at INR 225 Cr, marking an impressive 47.4% growth year-over-year. Non-Interest Income witnessed an upsurge […]
YES BANK, a prominent player in India’s banking sector, has launched its groundbreaking mobile banking application, ‘iris by YES BANK’. Designed to set new standards in India’s digital banking domain, this app promises unparalleled convenience, efficiency, and personalization for both current and prospective customers. Users can swiftly navigate through ‘iris’, tapping into more than 100 […]
YES Bank (NSE: YESBANK) has released its financial results for the quarter ended June 30, 2023, reporting an increase in several key metrics year-on-year. The bank’s net interest income (NII) rose to INR 2,000 crores, up 8.1% year-over-year, while non-interest income climbed 54.0% to INR 1,141 crores. Operating expenses were listed at INR 2,322 crores, […]
Yes Bank has reported a net profit of INR 202 crores for the fourth quarter of the fiscal year 2023 (Q4FY23), which is a decrease of 44.9% compared to INR 367 crores in the same quarter of the previous fiscal year (Q4FY22). In the previous quarter, that is Q3FY23, the Indian private sector bank had […]
Yes Bank has reported a net profit of INR 52 crores for the third quarter of the fiscal year 2023 (Q3FY23), which represents a decline of 80.7% compared to INR 266 crores in the same quarter of the previous fiscal year (Q3FY22). In the previous quarter, that is Q2FY23, the Indian private sector bank had […]
J.C. Flowers & Co. said that the J.C. Flowers Asset Reconstruction Company (ARC) has closed the acquisition of a pool of nonperforming assets (NPAs) from YES BANK, an Indian private sector bank. The acquired NPAs have a principal balance of INR 480 billion ($6 billion), said the American private investment firm. Prashant Kumar — YES […]
Yes Bank has reported a net profit of INR 266 crores in the third quarter of the fiscal year 2022 (Q3FY22), a 76.8% increase compared to INR 151 crores in the same quarter of the previous fiscal year (Q3FY21). In the previous quarter, that is Q2FY22, the Indian private sector bank had a net profit […]