Yes Bank Q2 Profit Soars 145% YoY

Yes Bank Q2 profits surge 145% YoY Net profit reaches Rs 553 crore Net Interest Income grows by 14%

Yes Bank has announced strong financial performance for the second quarter of the fiscal year, with net profit skyrocketing by 145% year-on-year (YoY) to reach Rs 553 crore. This impressive growth is attributed to a robust increase in Net Interest Income (NII), which climbed by 14% compared to the same period last year. The bank's improved financial health is a testament to its strategic focus on growth and efficiency, reflecting a positive trajectory in its overall performance.

Source: Yes Bank Q2 Results: Net profit shoots up 145% YoY to Rs 553 crore, NII up 14%