• SENSEX
    NIFTY 50
Finance

Yes Bank results: Higher slippages cause deterioration in asset quality, drag PAT below estimates

Updated : October 26, 2018 01:26 PM IST

Though the bank reported in-line set of numbers with regards to topline growth, significant deterioration in asset quality on account of elevated slippages led to profits being lower than estimates.
The balance sheet growth remained strong for the bank with the deposits and advances being at Rs 4.6 lakh crore, up 50.8 percent year-on-year(YoY) and 8 percent quarter-on-quarter(QoQ).
Deposits of the bank grew by 41 percent YoY and 4.4 percent QoQ.
Yes Bank results: Higher slippages cause deterioration in asset quality, drag PAT below estimates
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV