YES Bank slips on asset quality
It wasn’t all smooth sailing for YES Bank in the March quarter. While core performance was on a strong wicket with loan book growing a robust 35 per cent year-on-year, the nasty jolt on the asset quality front has dampened investor sentiment. Bad loans during the March quarter doubled sequentially to around ₹2,000 crore. The sharp increase was in accordance with the divergences observed by the R...
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