Yes Bank has Posted Highest ever Loss of Rs. 18560 Crores. Yes Bank. Can Easily Test levels of 10 and single Digits.
Day: March 14, 2020
Yes Bank Results : Q3 Loss Highest Ever in Indian Banking Sector at Rs 18560 Crores.
Financial Highlights of Q3FY20• Significant increase in Provision Coverage to 72.7% from 43.1% last quarter, despite elevated slippageso GNPA of 18.87%- 40,709 Crores o NNPA of 5.97% - 11,115 Crores• The Bank registered a Net Loss of 18560 Crores during Q3FY20 • Net Interest Income (NII) at 1,065 Crores, significantly impacted by elevated slippages• Net … Continue reading Yes Bank Results : Q3 Loss Highest Ever in Indian Banking Sector at Rs 18560 Crores.