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Yes Bank reports 10% rise in Q1 net profit

23 Jul 2014 Evaluate

Yes Bank has reported results for first quarter ended June 30, 2014.

The bank’s net profit for the quarter rose by 9.64% at Rs 439.48 crore as compared to Rs 400.84 crore for the quarter ended June 30, 2013. Its total income has increased by 9.34% to Rs 3105.21 crore for the quarter under review from Rs 2839.97 crore for the corresponding quarter of the previous year.

The bank’s gross NPA for the April-June quarter of the current fiscal stood at 0.33%, as compared to 0.22% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 0.07% in Q1FY15

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