Yes Bank is growing at a scorching pace without compromising on asset quality
BUILDING ONE VERTICAL at a time, in little less than 14 years, Yes Bank which began life in 2004 has established itself as the fourth largest full-fledged private bank in the country.
It’s total assets grew 30 per cent last year to Rs 2.15 lakh crore; and in the past four years, registered a 21.4 per cent compounded annual growth rate. In fiscal ’17, deposits rose 27 per cent to Rs 1.42 lakh crore.
This has helped its net profit for fiscal ’16- 17 increase 31 per cent to Rs 3,330 crore.
Esta historia es de la edición February 17, 2018 de Businessworld.
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