Summary
- Yes Bank Limited has reported a remarkable 65% year-on-year increase in net profit for Q2FY27, reaching INR 1,080 crore, driven by strong core operating income and improved asset quality.
- The bank's operating profit rose by 29.4% to INR 1,678 crore, with net interest income increasing by 22.7% to INR 2,822 crore.
- The gross non-performing asset (GNPA) ratio improved to 1.2%, while total deposits grew by 19.5% year-on-year to INR 3,54,004 crore.
- The Supreme Court's recent judgment regarding the write-down of Additional Tier 1 Bonds worth INR 8,415
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