Yes bank made accelerated provision of rs. 5240 cr at the end of March quarter compared to Rs. 4872 crore a year ago and Rs. 2199 crore in the previous quarter.
Private sector lender Yes bank on Friday reported a higher than expected loss of Rs. 3788 crore at the end of the march quarter for the fiscal year 2020-21 because of higher provision.
The bank reported a net loss of rs. 3688 crore a year ago and a net profit of Rs.151 crore last quarter.
Yes bank made an accelerated provision of Rs. 5240 crore at the end of March quarter compared to Rs. 4872 crore a year ago and Rs. 2199 in the previous quarter.
Gross non-performing assets as a percentage of total loans stood at 15.4 % at the end of March quarter compared to 15.3% in the previous quarter. The bank added bad loans of Rs. 11889 crore during the quarter.
Operationally Yes bank net interest income declined by 22.5% to Rs.987 crore as on 31 March 2021. Non-interest income rose 36.6% to Rs.816 crore at the end of March compared to Rs.597 crore a year ago.
The bank plans to grow its transactional banking Business Faster than the lending Business, Kumar said.
>>YES BANK Financial Results for the financial year ended March 31, 2021 PDF Click here
Yes Bank Profit And Loss Rs. Crores
|MARCH 2019||MARCH 2020||MARCH 2021|
|EPS in Rs.||7.38||-13.09||-1.39|
YES BANK CAGR
YES BANK SHAREHOLDING PATTERN Up to 2021
|Sep 2020||Dec 2020||Mar 2021|