Yes Bank profit up by 32.7% at ₹732 cr in Q1
Yes Bank on Wednesday posted a 32.76% year-on-year rise in net profit to ₹731.80 crore for the quarter ended June. The private lender attributed the rise in profit to a 24.23% jump in net interest income to ₹1,316.58 crore. Gross non-performing assets rose 12.76% from the previous quarter to ₹844.56 crore, while provisions and contingencies increased 10.82% to ₹206.63 crore.