InvestorQ : How do you see the latest quarter results of Yes Bank for Jun-20 quarter?
rhea Babu made post

How do you see the latest quarter results of Yes Bank for Jun-20 quarter?

Answer
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3 months ago


Yes Bank reported a 60% fall in net profits at Rs.45.44 crore for the Jun-20 quarter largely due to Rs.1087 crore by way of provisions. Gross NPAs scaled up by 50 bps to 17.30%. The stress of provisions and NPAs continues to be elevated and the short term outlook looks bleak.