Strong fee income, reducing PSL gap helps Yes Bank post growth in profit

January 25, 2025

Yes Bank’s net profit surged to Rs 612 crore in the December 2024 quarter, driven by a robust growth in fee income, reduced RIDF deposits, and lower provisions due to improved asset quality. The bank’s non-interest income grew by 27%, and its gross NPA ratio dropped to 1.6%. Additionally, SME and mid-large corporate advances increased by 27% year-on-year.

More To Explore

Nvidia’s $589 billion DeepSeek rout is largest in market history

Nvidia’s stock plummeted 17%, wiping out $589 billion in market value, due to concerns over Chinese AI startup DeepSeek’s competitive, low-cost technology. The news spurred

January 28, 2025

Asian stocks drop after AI jitters hit US equities

A selloff was triggered after a cheap AI model from Chinese startup DeepSeek climbed to the top of Apple’s appstore, sparking concerns that valuations of

January 28, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003