Countdown

  • SENSEX
    NIFTY 50
Finance

Yes Bank was a growth story, will continue to remain so, says CEO Ravneet Gill

Updated : April 30, 2019 03:59 PM IST

Yes Bank reported a whopping Rs 1,506 crore net loss for the March quarter as against a profit of Rs 1,179 crore in the year-ago period as provisions soared over nine-times.
Higher provisions for possible reverses, including a massive Rs 2,100-crore contingency reserve, was the prime reason for the massive loss, the bank said.
Yes Bank was a growth story, will continue to remain so, says CEO Ravneet Gill
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