Updated April 27th, 2024 at 18:58 IST Yes Bank’s net interest earnings or the distinction in between interest made on loans and used up on deposits increased 2.3 percent yearly to Rs 2,153 crore. Reported by: Business Desk Yes Bank|Image: Shutterstock Yes Bank Q4 profits: Yes Bank on Saturday reported that its net earnings more than doubled to Rs 452 crore in January-March quarter from Rs 202 crore throughout the very same duration in 2015. The strong efficiency by the economic sector lending institution began the back of sharp decrease in arrangements for bad loans and enhancement in property quality. Its arrangements decreased 24 percent to Rs 471 crore as versus Rs 617.56 crore in the year ago duration. Yes Bank’s net interest earnings or the distinction in between interest made on loans and used up on deposits increased 2.3 percent each year to Rs 2,153 crore versus Rs 2,105 crore in the matching duration in 2015. The bank’s property quality saw an enhancement as its gross non-performing properties as a portion of overall advances was available in at 1.7 percent as versus 2 percent in the previous quarter and 2.2 percent in the year ago duration. Its net non-performing properties decreased 0.6 percent from 0.9 percent in the previous quarter. In outright terms, gross non-performing properties can be found in at Rs 3,982.56 crore versus Rs 4,394 crore in the very same duration in 2015.
Yes Bank revenue more than doubles in March quarter to Rs 452 crore
