Yes Bank Q1 net jumps 33%; to enter MF biz

MUMBAI: Yes Bank posted a 33% rise in net profit to ₹732 crore for the quarter ended June 30, 2016, on higher non-interest income. Gross non-performing assets rose

MUMBAI: Yes Bank posted a 33% rise in net profit to ₹732 crore for the quarter ended June 30, 2016, on higher non-interest income. Gross non-performing assets rose to 0.79% of total advances, from 0.46% a year ago. The bank will enter the asset management business next fiscal.

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