India Yes Bank’s net profit drops 45% in January-March on higher provisions

United States News News

India Yes Bank’s net profit drops 45% in January-March on higher provisions
United States Latest News,United States Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

India's Yes Bank on Saturday reported a near 45% drop in net profit year-on-year for the January-March quarter as provisions for bad loans increased.

A watchman steps out of a Yes Bank branch in Mumbai, India, September 21, 2018. REUTERS/Francis Mascarenhason Saturday reported a near 45% drop in net profit year-on-year for the January-March quarter as provisions for bad loans increased.

Net profit fell to 2.02 billion Indian rupees for the reporting quarter from 3.67 billion rupees in the same period a year earlier. Analysts had expected profit to drop to 2.88 billion rupees, according to Refinitiv data.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Short bets against TD Bank surge 45% in two weeks to hit $6.1 billionShort bets against TD Bank surge 45% in two weeks to hit $6.1 billion amid investor skepticism toward its planned First Horizon takeover
Read more »

Crash involving 18-wheeler leaves at least 1 person dead on I-45 North frontage roadCrash involving 18-wheeler leaves at least 1 person dead on I-45 North frontage roadDeveloping: At least one person is dead after a crash involving an 18-wheeler on I-45 north Thursday morning, according to Harris County Sheriff’s Office.
Read more »

Devin Booker explodes for 45 as Phoenix Suns take 2-1 series lead over L.A. ClippersDevin Booker explodes for 45 as Phoenix Suns take 2-1 series lead over L.A. ClippersDevin Booker fell two points shy of tying his playoff high with 45 points in Suns Game 3 win over Clippers.
Read more »

Devin Booker feasts on Clippers' defense, has 45 in Suns' winDevin Booker feasts on Clippers' defense, has 45 in Suns' winDevin Booker scored a game-high 45 points in the Suns' Game 3 victory, attributing much of his success Thursday night to teammate Kevin Durant drawing the Clippers' attention.
Read more »

Booker has 45 points, Suns top Leonard-less Clippers 129-124Booker has 45 points, Suns top Leonard-less Clippers 129-124With Kevin Durant drawing defenders, Devin Booker found his way to the basket again and again.
Read more »

Booker has 45 points, Suns top Leonard-less Clippers 129-124Booker has 45 points, Suns top Leonard-less Clippers 129-124Devin Booker scored 45 points, Durant added 28 and the Phoenix Suns beat the Kawhi Leonard-less Los Angeles Clippers 129-124 on Thursday night to take a 2-1 lead in the Western Conference playoff series.
Read more »



Render Time: 2025-02-23 17:57:09