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Yes Bank reports 2.6x rise in net profit to ₹612 cr

The New Indian Express Vishakapatnam

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January 26, 2025

NET INTEREST INCOME UP 10% AT ₹2,223 CR

- ENS ECONOMIC BUREAU @ Mumbai

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.

The New Indian Express Vishakapatnam

यह कहानी The New Indian Express Vishakapatnam के January 26, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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