Yes Bank Net up 30% at Rs. 306 cr

Yes Bank on Tuesday posted a 30% year-on-year rise in net profit at Rs. 306 crore for the July-September quarter on the back of growth in core income and an improvement in asset quality.

Yes Bank on Tuesday posted a 30% year-on-year rise in net profit at Rs. 306 crore for the July-September quarter on the back of growth in core income and an improvement in asset quality.

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The bank’s total income rose by 37% to Rs. 2,263 crore during the second quarter. Yes Bank has also received board approval for foraying into MF business.