Yes Bank Ltd has posted a 19.04 per cent rise in net profit for the quarter ended December 31, 2009, at Rs 125.93 crore, against Rs 105.79 crore for the corresponding quarter in the previous year. Total income of the bank rose marginally by 3.86 per cent, from Rs 726.15 crore for the quarter ended December 31, 2008 to Rs 754.16 crore for the quarter under review.
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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