Yes Bank has announced its fourth quarter numbers for the year FY09. Its Q4 standalone net profit went up at Rs 80.1 crore versus Rs 64.5 crore (YoY). The company's standalone net interest income (NII) increased to Rs 155.2 crore from Rs 108.5 crore (YoY).
Commenting on the results, Rana Kapoor, MD and CEO, Yes Bank, said higher provisions have been made to mitigate risk in the current environment. The bank's non-performing assets (NPAs) at current level were manageable, Kapoor added.
Commenting on the results, Rana Kapoor, MD and CEO, Yes Bank, said higher provisions have been made to mitigate risk in the current environment. The bank's non-performing assets (NPAs) at current level were manageable, Kapoor added.
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