Aaj TV English News - World https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Sun, 12 Apr 2026 11:48:27 +0500 Sun, 12 Apr 2026 11:48:27 +0500 60 India Yes Bank’s net profit drops 45% in January-March on higher provisions https://english.aaj.tv/news/30318857/india-yes-banks-net-profit-drops-45-in-january-march-on-higher-provisions <p><strong>MUMBAI: India’s Yes Bank (YESB.NS) on Saturday reported a near 45% drop in net profit year-on-year for the January-March quarter as provisions for bad loans increased.</strong></p> <p>Net profit fell to 2.02 billion Indian rupees ($24.63 million) for the reporting quarter from 3.67 billion rupees in the same period a year earlier. Analysts had expected profit to drop to 2.88 billion rupees, according to Refinitiv data.</p> MUMBAI: India’s Yes Bank (YESB.NS) on Saturday reported a near 45% drop in net profit year-on-year for the January-March quarter as provisions for bad loans increased.

Net profit fell to 2.02 billion Indian rupees ($24.63 million) for the reporting quarter from 3.67 billion rupees in the same period a year earlier. Analysts had expected profit to drop to 2.88 billion rupees, according to Refinitiv data.

]]> World https://english.aaj.tv/news/30318857 Sat, 22 Apr 2023 13:14:50 +0500 none@none.com (Reuters) A watchman steps out of a Yes Bank branch in Mumbai, India, September 21, 2018. REUTERS