Saturday 27 Feb, 2021 11:28 AM
Site map | Locate Us | Login
   US stocks end on mixed note on Friday    NLC India raises Rs 300 cr through commercial paper    IOCL to invest Rs 32,946 cr to expand capacity of Panipat refinery    Nifty tanks nearly 4% on broader selloff    Eveready Industries hits 52-week high; rises 33% in four days    ABB Power Products and Systems India Ltd leads losers in 'A' group    ABB Power Products Q4 PAT jumps 54% YoY to Rs 55 cr    Menon Bearings Ltd leads losers in 'B' group    Volumes spurt at KSB Ltd counter    Auto stocks edge lower    Financials shares slide    Banking shares tank    Nava Bharat Ventures jumps after board OKs Rs 150 cr share buyback     Natco Pharma launches epilepsy treatment drug in India    Steel Authority of India Ltd up for five straight sessions 
Saravan Stocks
       
Hot Pursuit
Scrips, which has significant changes during the market hours.
Yes Bank Q3 PAT rises 16% QoQ to Rs 151 cr
22-Jan-21   17:22 Hrs IST

The bank's total income grew by 9.5% to Rs 6,518.37 crore in Q3 FY21 from Rs 5,952.14 crore in Q2 FY21. Profit before tax (PBT) tumbled 50% to Rs 86.70 crore in Q3 FY21 over Q2 FY21. The bank reported a tax rebate of Rs 64.01 crore in Q3 December 2020, which aided the profit. The result was announced after market hours today, 22 January 2021.

The bank's net interest income (NII) for the quarter grew 29.7% quarter-on-quarter (QoQ) to Rs 2,560 crore in Q3 December 2020 from Rs 1,973 crore in the previous quarter. Net interest margin Q3 FY21 stood at 3.4% as against 3.1% in Q2 FY21 and 1.4% in Q3 FY20.

On the asset quality side, gross non-performing assets (NPAs) stood at Rs 29,546.54 crore as on 31 December 2020 as against Rs 32,344.36 crore as on 30 September 2020 and Rs 40,709.20 crore as on 31 December 2019.

The ratio of gross NPAs to gross advances stood at 15.36% as on 31 December 2020 as against 16.90% as on 30 September 2020 and 18.87% as on 31 December 2019. The ratio of net NPAs to net advances stood at 4.04% as on 31 December 2020 as against 4.71% as on 30 September 2020 and 5.97% as on 31 December 2019.

Provisions and contingencies spurted 85% to Rs 2198.84 crore from Rs 1187.34 crore in Q2 September 2020.

The bank's capital adequacy ratio stood at 19.6% in Q3 FY21 from 19.9% in Q2 FY21. Provision coverage ratio was reported at 76.8% in Q3 FY21 as against 75.7% in Q2 FY21.

Yes Bank's total advances grew by 2% to Rs 169,721 crore in Q3 FY21 from Rs 166,923 crore in Q2 FY21. Total deposits in Q3 FY21 stood at Rs 146,233 crore, rising by 8% from Rs 135,815 crore in Q2 FY21. CASA ratio stood at 26% in Q3 FY21, higher than 24.8% in Q2 FY21.

As of 31 December 2020, the total capital infused and outstanding stood at Rs 149 crore in YES Securities (India), Rs 109.5 crore in YES Asset Management (India) and Rs 0.8 crore in YES Trustee. All three are wholly owned subsidiary companies of the bank. The bank has provided Rs 43.8 crore for impairment of investment in YES Asset Management (India) and YES Trustee.

Yes Bank is a full service commercial bank providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers.

Share of Yes Bank fell 1.45% at Rs 17 on Friday.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.G Anand , anand@ssplwealth.com
Hit Count : 15988408
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016  |  MCX : INZ000081736
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 12815 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. Saravana Stocks Pvt. Ltd