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Yes Bank receives Dun & Bradstreet’s Best Asset Quality Award 2014

05 Sep 2014 Evaluate

Yes Bank, India’s fourth largest private sector bank, has been awarded the ‘Best Asset Quality’ award in the private sector category at Dun & Bradstreet’s Banking Awards 2014. The bank was awarded the ‘Best Asset Quality’ bank in the private sector on the basis of its NPA ratio which has been among the best in the industry.

The bank’s net profit for first quarter ended June 30, 2014 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.

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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