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yes bank reports significant retail slippages from unsecured portfolio in q2fy25

YES Bank reported that 35-40% of its retail fresh slippages in Q2FY25 originated from its unsecured portfolio, with total fresh retail slippages amounting to Rs 1,179 crore. The bank's gross slippages for the quarter were Rs 1,314 crore, reflecting a slight improvement in asset quality, as the gross non-performing asset (GNPA) ratio decreased to 1.6% from 1.7% year-on-year.
Moneycontrol
Yes Bank Limited IND Prashant Kumar
Finance & Economy, Market Report
12:41 26.10.2024

Yes Bank reports Q2 profit surge to Rs 553 crore with steady growth

Yes Bank reported a net profit of Rs 553 crore for Q2, a significant rise from Rs 225 crore a year earlier. The net interest income increased by 14.3% to Rs 2,200 crore, with net interest margins steady at 2.4%. The bank continues to focus on growth in SME and Mid Corporate segments while maintaining NIL PSL shortfalls.
Moneycontrol
Indian Rupee Yes Bank Limited IND Prashant Kumar
Finance & Economy, Market Report
09:35 26.10.2024
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