Yes Bank Q2FY25 results: Net profit more than doubles to Rs 533 cr

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Kumar said the bank aims to grow its overall loan book at a 13-14 per cent rate and deposits by 17-18 per cent in FY25.

Net NPAs also declined to 0.5 per cent in September 2024 from 0.9 per cent in September 2023.

The share of low-cost deposits—current account and savings account (Casa)—rose to 32.0 per cent in September 2024 from 29.4 per cent a year ago.

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Category: BusinessFinance

Markets: India

Topics: Yes Bank Q2 profit Yes Bank Q2 results Yes Bank Yes Bank Q2 revenue

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-26 @ 16:08:44 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23250002

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