Yes Bank Q3 net profit increases 4.5x to 231 cr

Yes Bank reports fourfold increase in net profit to Rs 231 crore, driven by lower provisions. The bank's operating profits declined due to modest growth in net interest income and increased operating expenses. Supreme Court to hear petition against stayed Bombay high court order on Yes Bank's write-down of Additional Tier 1 bonds.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CojOkJW