Try GOLD - Free
Yes Bank reports 2.6x rise in net profit to ₹612 cr
The New Indian Express Belagavi
|January 26, 2025
NET INTEREST INCOME UP 10% AT ₹2,223 CR
PRIVATE sector lender Yes Bank on Saturday reported a 2.6x increase in net income at ₹612 crore for the December quarter, buoyed by a sharp decline in provisions and higher fee income as its retail banking business is returning to near normalcy as it has begun to draw back from the capital locked in the RIFD.
In the last quarter, the bank, owned by other banks led by SBI, had reported a 150% jump in net profit at ₹553 crore.
This story is from the January 26, 2025 edition of The New Indian Express Belagavi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Belagavi
The New Indian Express Belagavi
'DMK's impact has been measurable'
EMPHASISING on the scale and process behind welfare schemes, Tamil Nadu Minister for Information Technology and Digital Services Palanivel Thiaga Rajan on Tuesday listed out reasons for reelecting the DMK, stating that its approach in the last five years has been rooted in social justice.
1 min
March 04, 2026
The New Indian Express Belagavi
Hope it’s first & last time: Sindhu on Dubai ordeal
JUST as Lakshya Sen was gradually getting the better of World No 1Shi Yu Qi in the first round of the All England Open on Tuesday, former world champion PV Sindhu was recalling the harrowing days she faced in Dubai.
1 min
March 04, 2026
The New Indian Express Belagavi
Speaker nominates 15 members to privileges panel, with Prasad as chair
LOK Sabha Speaker Om Birla on Tuesday nominated the serving members of the House’s 15-member Committee of Privileges with immediate effect.
1 min
March 04, 2026
The New Indian Express Belagavi
From Gujarat school dropout to dairy trailblazer
IN the tribal village of Vaheval in Mahuva taluka of Surat district in Gujarat, a school dropout rewrote India’s dairy story and, in doing so, turned himself into a legend.
2 mins
March 04, 2026
The New Indian Express Belagavi
HOOKAH SERVED IN RESTAURANTS MUST ATTRACT 18-40% GST: AAR
THE West Bengal Authority for Advance Ruling (AAR) has ruled that hookah served in restaurants along with food will no longer attract the concessional 5% GST rate applicable to restaurant services, effectively increasing the tax incidence on such supplies to
1 min
March 04, 2026
The New Indian Express Belagavi
Mass movements, student protests have dramatically declined, says Pilot
SPEAKING at the 14th edition of the ThinkEdu Conclave on Tuesday, Congress leader and Rajasthan MLA Sachin Pilot said that the party will form the government with a historic mandate in Kerala and that the general public in Tamil Nadu seemed satisfied with the governance (by the DMK).
1 mins
March 04, 2026
The New Indian Express Belagavi
India pushes for dialogue, diplomacy
Urges all sides to exercise restraint, avoid escalation & prioritise the safety of civilians
2 mins
March 04, 2026
The New Indian Express Belagavi
Will & skill: Jacks turns into England’s all-round monster
WILL Jacks and Eminem.
3 mins
March 04, 2026
The New Indian Express Belagavi
India has enough fuel stocks for 6-8 weeks: Petroleum ministry
OMCs hold 25 days of crude stocks & another 25 days of petrol and diesel inventories
2 mins
March 04, 2026
The New Indian Express Belagavi
'5 RCB matches, IPL playoff & final in B'luru'
GOOD news for all Royal Challengers Bengaluru (RCB) fans.
1 min
March 04, 2026
Listen
Translate
Change font size