YES Bank’s net profit and NII figures were above Street estimates. During the quarter, the bank’s interest income rose 2.3% YoY to Rs 7,616 crore while net NPA (non-performing asset) came at 0.3% against 0.5% quarter-on-quarter.
ICICI Direct’s Dharmesh Shah suggests a positive outlook for the Indian market, fueled by ceasefire news and falling crude oil prices. Nifty is expected to
Nilesh Shah from Envision Capital is positive on financial stocks. He sees financialization as a multi-decadal opportunity in India. Smaller banks and specialized credit plays
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