Banking & Finance: Yes Bank Announces Q4 Results With 123% Increase in Profit

Banking & Finance: Yes Bank has announced the results of its 4th term, with a strong profit valuation. The company has registered a profit of Rs 452 Cr with an increase of 123%. The company also recorded a reduction in its NPA as Yes Bank was facing challenges regarding non-performing assets for a long time. However, in this term, the company has made a lot of cuts in its NPAs. 

Yes Bank Q4 Valuation

Currently, the company’s NPA is 1.7%, of which 0.6% is based on Q&Q and 0.8% on a year-on-year basis. Yes Bank’s debt increased by 13.8% and the deposit increased by 22%, indicating improvement in the basic structure of the company. On the first business day of the week, Yes Bank’s stock increased by 3.8%.